The euro fell on Thursday following the European Central Bank's (ECB) decision to maintain its current interest rates, as anticipated by the market. Meanwhile, the dollar index climbed, bolstered by
Asian currencies generally weakened on Wednesday as traders favored the dollar ahead of crucial U.S. inflation data. This shift pushed the Japanese yen close to intervention levels previously seen in
In today’s Asian trading session, gold prices remained under pressure, trading below the $2,300 mark. This comes after a week of significant losses fueled by fears of sustained high U.S.
During Asian trading hours, the Australian Dollar gained ground against the US Dollar, trading above the 0.6500 level. This movement reflects investor confidence in the Australian currency amidst a lack
In the Asian trading session, the US Dollar appreciated against the Japanese Yen, trading above the 157.000 level. Market Context: Earlier today, Japan released its Q1 2024 GDP data, which
In the Asian trading session, the British Pound held steady against the US Dollar, trading around the 1.2700 level. Market Context: The UK is not set to release any significant
In the Asian trading session, the euro traded lower against the US Dollar, hovering below the 1.0760 level. Market Context: The Eurozone is not scheduled to release any significant economic
DXY (US Dollar Index): Potential Direction: Bearish Overall momentum of the chart: Bearish Price could potentially make a bearish reaction off pivot and drop to 1st support. Pivot: 105.57 Supporting
MKS PAMP Group, a renowned precious metals company with refineries in Switzerland and India, has transformed a leased aviation hangar in Florida into a silver mint. This strategic move aims
Bitcoin recently soared past the $70,000 mark, marking a significant milestone. However, traders should be cautious as a potentially bearish double top pattern is emerging around the $71,900 level. A