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…
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…
Gold Weekly Forecast: Technicals Give Mixed Signals as Breakout Fails
Gold has recently surpassed the range previously preventing bullish activity, specifically below the $1940 threshold. The decline in the Dollar…
The British Pound Recovers From Cautious Attitude Before Bailey’s Speech
In light of recent events, investors and traders alike are eagerly anticipating Monday’s 15:00 GMT speech by Andrew Bailey, Governor…