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The British pound rebounded from a new multi-month low on Tuesday, buoyed by stronger-than-expected UK services PMI data and a hawkish stance from Bank of England policymakers. They indicated a potential delay in rate cuts, viewing an early…
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The FTSE 100 index set a slightly higher record on Tuesday, continuing its strong bullish momentum for the third consecutive day. Significant gains in UK defense stocks, food producers, and retailers, combined…
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Bitcoin is stabilizing early Tuesday following a 2.8% increase on Monday, maintaining a positive outlook as the recent rise resulted in a marginal close above key resistance levels at $66,144 (50% retracement…
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Gold prices dropped about 2% on Monday as safe haven demand diminished due to easing tensions in the Middle East, alleviating fears of conflict escalation. Traders took profits in part after gold consistently struggled to maintain gains…
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EURGBP extends its strong rally into a second straight day, reaching its highest level in 4.5 months on Monday. The pound weakened due to dovish comments from Bank of England officials, who revised their outlook and now expect inflation to…
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WTI oil prices fell to their lowest level in nearly four weeks early Monday, following a brief surge on Friday triggered by Israel’s attack on Iran. The mood quickly turned negative as concerns about conflict escalation eased, and…
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USDJPY maintains a steady tone and continues to trade close to the key 155 barrier, where strong resistance halts the action amid expectations that Japan’s authorities might intervene at this level. The technical outlook on daily and…
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Gold briefly rose above the $2,400 mark for the second time, bolstered by heightened safe-haven demand after Israel's attack on Iran early Friday. Although the metal's price peaked at $2,417, the surge was…
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Thursday saw the dollar gaining momentum, propelled by robust US economic indicators. Weekly jobless claims held steady, matching last week's figures, while the Philadelphia Fed manufacturing index surged to a two-year high in April,…
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EURGBP experienced a decline in early Thursday's trading session, following two unsuccessful attempts to break above the falling 100-day moving average (0.8572) and the formidable resistance zone around 0.8580 (comprising the Fibonacci…
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