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EUR/USD and GBP/USD recover as US Dollar weakens, cautious sentiment persists. Technicals and economic events influence forex market.
Introduction In the fast-paced world of forex trading, slippage is a term that traders often come across. Slippage in forex trading can have a significant impact on the execution of
The cryptocurrency market experienced a significant shakeup as the U.S. Securities and Exchange Commission (SEC) filed charges against two major players in the industry, Coinbase and Binance. SEC charges have
Dutch central bank chief Klaas Knot remarked on Tuesday that underlying price pressures in the euro zone might prove challenging to control, but the effectiveness of monetary policy is becoming
Gold price (XAU/USD) is experiencing a period of consolidation, hovering around the $1,960 mark in the early London session. The precious metal's movement has been characterized by back-and-forth action as
The Australian dollar experienced a significant surge in value after the Reserve Bank of Australia (RBA) took markets by surprise and decided to increase interest rates by 25 basis points.
With economists and money markets at odds, the direction of AUD rate outlook remains uncertain. Lingering price pressures and a rebound in home prices have created a challenging landscape, making
Gold prices (XAU/USD) have experienced a significant downward correction, dashing hopes of reaching fresh record highs. The precious metal attempted to recover but failed, as bond yields resumed their rebound,
As the US debt default crisis has been averted, market attention now turns back to the US Federal Reserve's rate outlook. Following a stronger-than-expected reading of the US May non-farm
The May Nonfarm Payrolls report shows strong job growth but softened wage growth, raising doubts about the Federal Reserve’s tightening plans and impacting the US Dollar.