GBP/USD Price Analysis: The green is trying to stay above 1.2000.
Durable Goods Orders underperformed in November as US PCE inflation declined as expected. GBP/USD is having trouble holding onto the 1.2000 level as demand for US Dollars rises. Demand for US dollars rises in anticipation of the holiday weekend. GBP/USD…
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4 Global Market Updates- 23 December, 2022
In this article, we have covered the highlights of global market news about the USD/INR, AUD/USD, USD/CAD and USD/JPY. USD/INR Price News: The Indian Rupee follows the bullish options market trend at 83.00. As Indian Rupee (INR) sellers take a break before the important…
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Silver Price Analysis: XAG/USD is farther from the multi-month peak; the downside appears restricted.
Silver retreats further from a multi-month high and declines for the second day. The configuration still favors bulls and allows some dip-buying to materialize. A decisive breach below the $23.00 confluence is required to contradict the upbeat forecast. Silver continues…
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4 Global Market Updates- 22 December, 2022
In this article, we have covered the highlights of global market news about the EUR/USD, NZD/USD, USD/JPY and USD/CAD. The EUR/USD rises as the USD falls, although the upside is limited to 1.0660. In the first part of the European session on Thursday, the EUR/USD…
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4 Global Market Updates- 21 December, 2022
In this article, we have covered the highlights of global market news about the GBP/USD, USD/JPY, NZD/USD and EUR/USD. According to ING, GBP/USD may return to the 1.15-1.18 region in the new year. The GBP/USD pair is struggling to get beyond the 1.2150 region. In…
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