GBP/USD Dips Towards 1.3150 as Weak UK Data Fuels BoE Rate Cut Bets
The GBP/USD pair is weakening, trading around 1.3155 during Monday’s early Asian session. The Pound Sterling (GBP) is losing ground…
Category: Financial News
EUR/USD Approaches 1.1600 Support Amid Diminished Fed Cut Bets
The EUR/USD pair is experiencing its second consecutive session of losses, trading around 1.1610 during Monday’s Asian hours. This depreciation…
Copper Market Receives Positive Supply Updates, According to Commerzbank
Thu Lan Nguyen, Commerzbank’s Head of FX and Commodity Research, noted that the Copper price only briefly surpassed the $11,000…
Silver Price Approaching All-Time Highs Again, According to Commerzbank
Commerzbank commodity analyst Carsten Fritsch observed that yesterday, the price of Silver nearly re-approached its record high of $54.5 per…
Despite Oversupply Concerns, WTI Rebounds Due to Russian Depot Strike and US Sanctions
West Texas Intermediate (WTI) US Oil was trading around $59.50 on Friday, marking a 1.60% daily increase after touching a…