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GBP/USD Bounces Off Multi-Day Low, Climbs Back To 1.2600 after BoE’s 25 Bps Lift-Off
The GBP/USD pair recovers a few pips from a four-day low touched this Thursday and bounces back above the 1.2600 round-figure mark after the Bank of
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US Dollar Gathers Strength, Eyes on US Debt Ceiling Talks
The US Dollar gathered bullish early Thursday after struggling to find demand following the April United States (US) inflation data on Wednesday. The US Dollar
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Gold Price Forecast: Bears Face a Tough Task As Ongoing Uncertainty Keeps Gold Supported
Gold prices have somewhat stabilized following yesterday’s whipsaw price action. Gold came within a whisker of the psychological $2050 handle before a brisk selloff saw the precious metal end the day
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GBP/USD Drops To Fresh Weekly Low, Holds Above Mid-1.2500s Ahead Of BoE
The GBP/USD pair extends the previous day’s retracement slide from the 1.2680 region, or its highest level since April 2022, and remains under heavy selling
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EUR/USD Accelerates Losses And Drops To The 1.0920 Region
The selling pressure around the European currency gathers further steam and drags EUR/USD to 3-week lows near 1.0920 on Thursday. EUR/USD Weakens Amidst USD-Buying EUR/USD resumes the
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Gold Price Forecast: XAU/USD Remains Depressed Around $2,020 Ahead Of US CPI
Gold price struggles to capitalize on its gains recorded over the past two trading sessions and comes under some selling pressure on Wednesday. The XAU/USD remains