Market Movers Archives - Page 39 of 77

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GBP/USD falls to a fresh 4-week low of 1.2059 on strong US GDP data.

by admin · February 4, 2023 ·

The GBP/USD currency pair is trading at 1.2060 after hitting a day high of 1.2265. The Pound Sterling does not oppose positive economic indicators in the US. The US economy ...

EUR/USD bulls assume command in response to hawkish ECB remarks.

by admin · January 25, 2023 ·

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Bulls in the EUR/USD rise again in response to aggressive ECB rhetoric. This week, attention will focus on the red calendar events. Since the beginning of the week, EUR/USD has ...

Silver Price Analysis: XAG/USD may hit the $25.00 channel barrier.

by admin · January 21, 2023 ·

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Silver rises a little on Friday but doesn't continue over $24.00. Bullish traders are favored by the technical setup, which also provides opportunities for further gains. The optimistic picture will ...

USD/MXN fails to exceed 19.00, but Fed hawkishness favors upward.

by admin · January 20, 2023 ·

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Below the crucial resistance level of 19.00, USD/MXN bounces within a constrained range. The S&P500 futures and US Treasury rates show signs of recovery, creating confusion in the market's mindset. ...

USD/CAD is hovering on a daily low, slightly above the mid-1.3300s, as oil prices rise and the USD weakens.

by admin · January 18, 2023 ·

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Due to several variables, USD/CAD decreases for the second day. The Loonie is supported by rising Crude Oil prices, which put pressure on the pair as USD selling has resumed. ...

GBP/USD falls below 1.2200 as UK employment data disappoints.

by admin · January 17, 2023 ·

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GBP/USD accepts bids to prolong the week's beginning drop from a one-month high. UK Claimant Count Change decreased to 19.7K in December, while the unemployment rate has remained steady for ...