GBP boosted by the optimism of the new Prime Minister
EUR/GBP update: As the pound makes a comeback, bullish sentiment begins to wane. On Thursday, ECB. The challenges facing the next prime minister include inflation, oil prices, and a slowing economy. GBP/USD recovers from the trough due to fresh PM…
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4 Global Market Updates- 6 September, 2022
In this article, we have covered the highlights of global market news about the USD/CAD, NZD/USD, EUR/CHF and USD/CNH. USD/CAD will go below 1.25 in the first quarter of 2023 - ING The USD/CAD pair is trading far over the 1.30 psychological barrier. Despite…
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Silver Price hovers around $18.00 amid bad sentiment
The price of silver is off to a strong start this week, up 0.30% so far. The G7 ministers have imposed a cap on the price of Russian oil, and Russia has stopped exporting gas, which is making Europe's energy…
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The Importance of Liquidity in Foreign Exchange Trading
One of the first benefits of forex trading that a trader is likely to encounter is the forex market's greater liquidity than other marketplaces. According to the 2016 triennial report of the Bank of International Settlements, the most recent estimates…
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4 Global Market Updates- 5 September, 2022
In this article, we have covered the highlights of global market news about the GBP/USD, EUR/USD, XAU/USD and USD/CNH. GBP/USD: Sellers will predominate until 1.1550 becomes support. The GBP/USD exchange rate recovered a significant percentage of its daily losses after falling to its lowest…
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