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
The euro maintained a narrow trading range on Thursday after the European Central Bank (ECB) announced a rate cut, moving from record highs. The market had anticipated the ECB's decision
In Asian trading, the US Dollar saw a slight decline against the Canadian Dollar, trading just below the 1.3700 mark. Analysis Market Overview: During the Asian trading session, the USD/CAD
Gold prices are trading above the 2360 level in today’s Asian session, extending their gains for the week. The metal's upward trajectory is driven by weak economic data, which has
The Australian Dollar appreciated against the US Dollar during Asian trading, climbing above the 0.6600 level. This movement comes despite the absence of significant economic data from Australia today, while