Sterling advances against a softer US Dollar; focus shifts to upcoming UK data
During Monday’s European trading session, the Pound Sterling (GBP) gained 0.15% against the US Dollar (USD), trading near the 1.3400…
Category: Market News
GBP/USD holds steady near 1.3380 as robust data lifts the US Dollar
During Friday’s North American session, the GBP/USD pair is consolidating sideways near 1.3380. Although Sterling reached a daily high of…
Silver Prices Edge Higher, FXStreet Data Shows
Silver Surges Over 4% to End the Week According to FXStreet data, Silver prices (XAG/USD) staged a strong rally on…
Gold Holds Near Two-Week High but Stays Below $4,200 Despite Risk-On Sentiment
Gold (XAU/USD) is struggling to extend its positive move from the Asian session, which saw it reach a two-week top,…
Economic Calendar (or Economic Data)Eurozone Economy (or German Economy)Forex Analysis (Primary)Market News
German Retail Sales Release: Impact on EUR/USD
Germany’s Federal Statistics Office (Destatis) is set to release its Retail Sales report on Friday at 07:00 GMT. Both monthly…
GBP/USD Declines Towards 1.3100 Amidst Resurgent US Dollar Strength and UK Fiscal Ambiguity
The GBP/USD pair is starting the new week on a softer note, failing to build on its gains from the…
EUR/USD Dips Toward 1.1500 Despite Cautious ECB Stance
EUR/USD pair is extending its losses for a second consecutive session, trading around 1.1510 during Monday’s Asian hours. However, the…
NZD/USD Weakens Near 0.5600 as RBNZ Rate Cut Looms
The NZD/USD pair is losing ground, trading near 0.5605 during Monday’s early Asian session. The New Zealand Dollar (NZD) is…
AUD Stable Amidst US Dollar’s Decline Driven by Increased Fed Rate Cut Expectations”
The Australian Dollar (AUD) is maintaining its ground against the US Dollar (USD) on Monday, as markets anticipate crucial inflation…
Japanese Yen Weakens Amid Fiscal Worries and BoJ Rate Hike Uncertainty
The Japanese Yen (JPY) is experiencing renewed selling pressure this week, erasing some of its recent gains. This weakness stems…