GBP/USD Reaches 13-Month High Before Retracing: What Does This Mean for Investors? The GBP/USD pair hit a fresh 13-month high of 1.3130 before pulling back as market sentiment shifted, leading
The Canadian Dollar (CAD) showed signs of recovery against most major currencies on Thursday, but faced a setback against the US Dollar. A shift towards the US Dollar in the
The Dow Jones Industrial Average (DJIA) took a hit on Thursday, shedding around 200 points amidst mixed US PMI figures that left investors on edge. While the Services sector saw
In today's financial market update, the price of silver (XAG/USD) has dropped to nearly $29.40 during the North American trading session. This decline is attributed to a rebound in the
The AUD/USD pair shows strength as the US Dollar weakens after the release of US weekly jobless claims data, signaling potential upside for the Australian Dollar. This comes amid optimism
The EUR/GBP pair is facing downward pressure, reaching a new almost three-week low near 0.8480. This decline is driven by the Euro weakening against the Pound Sterling following the release
In today's European session, the USD/CHF pair is showing signs of buying interest near the key support level of 0.8500. This comes as the US Dollar (USD) sees a slight
EUR/USD has bounced back after hitting near 1.1130 in Thursday's European session, thanks to the unexpected rise in the flash Eurozone HCOB Composite PMI for August to 51.2, surpassing economists'
The GBP/JPY cross is on the rise, supported by a mix of factors that are shaping the current market dynamics. Positive market sentiment, coupled with uncertainty surrounding the Bank of
The latest data on UK Purchasing Managers' Index (PMI) for both manufacturing and services sectors have surpassed market expectations, leading to a positive impact on the GBP/USD pair. UK Manufacturing