Gold Price Forecast: Optimism Surges as Investors Anticipate Dovish Fed Stance Introduction In recent weeks, gold prices have been on a rollercoaster ride, reaching multiple-week highs before losing some momentum.…
GBP/JPY Cross Exhibits Mixed Sentiment Amid UK Macroeconomic Data and Divergent Monetary Policies Introduction: The GBP/JPY cross has experienced a rebound from the weekly low around the 161.25 area, gaining…
China’s Economic Recovery Faces Challenges, Influencing Market Outlook, and Growth Prospects Introduction: China’s economic rebound has been uncertain, impacting market outlook and growth prospects. Despite a decline in exports to…
USD/INR extends downside after Head and Shoulder breakdown. USD/INR Consolidates Around Immediate Support The USD/INR pair is currently undergoing a consolidation phase as it defends its immediate support level of…
Yuan Stability Amidst Evergrande Crisis: Analysts Remain Confident Introduction: The ongoing crisis surrounding China Evergrande Group has sent shockwaves through global markets. However, analysts expressed confidence that the nation’s currency,…
In the Cryptocurrency Markets, Bitcoin at 35848.58 down 1.79%, Ethereum down 2.27% at 2385.76, Litecoin at 107.26 down 2.07%, at the time of writing. BTC USD Technical Analysis Click Here…
In the Forex market, GBPUSD is flat at 1.36705. The USDJPY is up 0.33% at 114.525. The USDCHF is up 0.11% at 0.9149. EURUSD down 0.02% at 1.14125, EUR/GBP up…