GBP/USD Hits Two-Month Lows Amid Global Economic Problems and Fed Hawkishness
The Pound Sterling (GBP) concluded the week with a decline against the US Dollar (USD), failing to maintain a position…
These Us Banks Have Been Downgraded by S&P Due to Financing Risk and Poor Profitability
According to a Reuters report, S&P Global recently followed Moody’s footsteps by downgrading the credit ratings and outlooks of various…
WTI Price Analysis: Oil Benchmarks Soar as Us Output Falls
Towards the week’s conclusion, the West Texas Intermediate (WTI) barrel exhibited an upward trajectory, surpassing the 20-day Simple Moving Average…
Over 2% WTI Falls Due to China’s Economic Downturn and Surprise PBoC Rate Reduction
Western Texas Intermediate (WTI), the benchmark for crude oil in the United States, has experienced a decline exceeding 2%. This…
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…