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Oil Price Recovers On Biden Debt-Ceiling Assurances And Demand Pickup
Oil price traded over a percentage point higher on Friday as a mixture of optimism about the debt ceiling and the start of the US
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GBP/USD Rebounds From Multi-Week Low Amid Softer USD, Lacks Bullish Conviction
The GBP/USD pair shows some resilience below the 50-day Simple Moving Average (SMA) and stages a modest recovery from sub-1.2400 levels, or over a three-week low
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Gold Price Forecast: XAU/USD Scales Higher On Weaker US Dollar, Trades Around $1,965 Region
Gold price gains some positive traction on Friday and snaps a three-day losing streak to the $1,950 area, or the lowest level since early April
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USD/JPY Retreats Further From YTD Peak, Drops To 138.00 As Traders Look To Fed’s Powell
The USD/JPY pair came under some selling pressure on Friday and, for now, seems to have snapped a six-day winning streak to its highest level
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Japanese Yen Price Setups: USD/JPY, GBP/JPY, EUR/JPY
IMPROVED RISK SENTIMENT WEIGHS ON THE YEN News of a possible agreement to raise the debt ceiling filtered through to markets yesterday evening and has
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USD/CHF Consolidates In A Range Below A Multi-Week High Touched On Wednesday
The USD/CHF pair attracts some dip-buying on Thursday, albeit struggles to capitalize on the intraday uptick beyond the 0.9000 psychological mark. However, spot prices stick