As Inflation Seems to Stay Put, the Gold Price Is Looking at a Break
The XAU/USD pair experiences a decline as the US Dollar gains strength due to reduced risk appetite among market participants.…
The British Pound Is on the Verge of Collapse as Rigid Monetary Policy Threatens Economic Growth
The GBP has found stability following a decline from the significant resistance level of 1.2800. Concerns about a worsening recession…
NZD/USD Recovers After the US Releases Conflicting NFP Data
The New Zealand dollar appreciated against the United States dollar late in the week. But it’s worth noting that this…
Private Payrolls Push Australian Dollar to Two-Month Low
The AUD experiences a brief respite against the USD on Thursday, following intense downward pressure. Data reveals that Australia’s trade…
Gold’s Price Stays the Same as Buyers Wait for the US Manufacturing PMI
The XAU/USD pair finds support near the $1,950.00 level, as the strong performance of the United States during the April-June…
How Does Autochartist Work and How to Use It?
Forex trading (or FX trading) typically incorporates various forms of analysis. Technical analysis is widely recognized as a popular Forex…
USD Index Plummets to Multi-Day Lows at 100.60
The currency commonly referred to as the greenback, as measured by the USD Index (DXY), continues its downward trend for…
Bond Rates Going Up Give the US Dollar a Boost
During the Asian session on Friday, there was limited activity observed. However, as the European session commenced, there was an…