The Pound Sterling drops even as UK Chancellor Reeves rules out speculation that she is stepping down. UK’s new welfare bill is expected to lead…
NZD/USD consolidates within a symmetrical triangle on the 4-hour chart, reflecting short-term indecision. A rising wedge pattern on the daily chart signals a potential bearish…
Gold price surges as investors look to key speeches from central bank officials. Fed Powell, ECB President Lagarde, BoJ Governor Ueda, and BoE Governor Bailey…
The US Dollar index slides for the ninth consecutive trading day, hitting its lowest level since February 2022. The Greenback posts its worst first-half performance…
EUR/GBP juggles around 0.8525 as investors are expected to reassess their expectations for the BoE’s monetary policy outlook. BoE’s Bailey warned of labor market risks…
While testifying before the European Parliament on Monday, European Central Bank (ECB) President Christine Lagarde said that survey data point to some weaker prospects for…
Bearish view Sell the AUD/USD pair and set a take-profit at 0.6350. Add a stop-loss at 0.6550. Timeline: 1-2 days. Bullish view Buy the AUD/USD…
GBP/USD trades near 1.3382 as Fed and geopolitical risks boost the appeal of the safe-haven US Dollar. BoE holds on 6–3 vote; Bailey hints at…
Gold holds firm as traders balance safe-haven flows and Fed interest rate outlook. US-Iran tensions, Fed’s data-dependent stance, and Oil supply risks in the spotlight.…
Fears that the US might get involved in the Middle East war are buoying Oil price. Crude Oil futures are rallying on concerns about supply…