Silver continues its winning streak for the sixth consecutive day, trading around $34.10 per troy ounce during the Asian session on Tuesday. The demand for safe-haven XAGUSD is increasing amid rising tensions,
West Texas Intermediate prices struggled to capitalise on Monday’s modest gains and oscillated in a narrow band, around the $69.70-69.75 area on Tuesday. The US benchmark crude oil remained within striking distance
The EURGBP pair remained fragile Thursday after the European Central Bank policy meeting which decided to cut its rate on deposit facility by 25 basis points (bps) to 3.25%. The ECB reduced
The Euro-dollar currency pair is exhibiting weakness near 1.0850 on Thursday, as the EURUSD faces sharp selling pressure ahead of the European Central Bank’s interest rate decision. Traders expect the ECB to
GBPUSD edged up after bottoming out at 1.3010, with a ‘hammer’ pattern signaling potential for further upside. Clearing the October 10 high of 1.3093 and the 50-DMA at 1.3099 would open the
EURUSD is exhibiting a weak performance in Thursday’s European trading after diving below the key support of 1.0950 on Wednesday. The major currency pair remains under pressure as the Dollar clings on
EURUSD is skating on thin ice near the eight-week low of 1.0950 on Wednesday, with the major currency pair staying under pressure as the US Dollar gathers strength to extend its previous
EURUSD edged higher Tuesday amid a mild correction in the Dollar, rising to near the psychological resistance of 1.1000. The major currency pair recovered mildly as the USD faces a slight correction,
EURJPY is trading down almost half a percent around 162.50 on Monday as it closes in on the ceiling of its multi-week trading range from the early August lows. Bears are driving
The US Dollar Index rose more than 2% in the previous week and registered its largest one-week gain of 2024. The index remains in a consolidation phase at around 102.50 in European
