GBP/USD Price Analysis: Acceptance above 23.6% Fibo. favors bulls ahead of US Q1 GDP
GBP/USD struggles to attract follow-through buying and trades in a narrow range on Thursday. Reduced Fed rate cut bets and…
Gold price struggles to lure buyers amid positive risk tone, reduced Fed rate cut bets
Gold price lacks follow-through buying and is influenced by a combination of diverging forces. Easing geopolitical tensions continue to undermine…
Gold price drops to over two-week low, flirts with $2,300 amid easing Middle East worries
Gold price drifts lower for the second successive day amid receding geopolitical tensions. Reduced Fed rate cut bets continue to…
USD/CAD moves below 1.3750, extends losses despite lower crude Oil prices
USD/CAD faces challenges due to the weaker US Dollar despite higher US Treasury yields. The decline in WTI prices, attributed…
Australian Dollar depreciates as riskier assets fall on escalated tensions in Middle East
The Australian Dollar loses ground on heightened risk aversion as Israeli missiles struck a site in Iran. Australia’s equity market…
Gold Price Forecast: XAU/USD rebounds on market caution, aims to reach $2,400
Gold price appreciates as traders exercise caution amid concerns about escalating tensions in the Middle East. Jordan’s Foreign Minister Ayman…
UK CPI Preview: Another decline expected as markets pile into BoE rate cut bets in September
The March UK CPI report will be released by the Office for National Statistics on Wednesday. United Kingdom’s headline and…
Australian Dollar maintains position after mixed Chinese data amid stronger US Dollar
Australian Dollar loses ground on risk aversion as traders await Israel’s response to Iran’s attack. Australian currency faces challenges due…
GBP/USD edges higher to above 1.2450 amid hawkish sentiment surrounding Fed
GBP/USD rebounds from lows since November amid expectations of the Fed delaying rate cuts. The escalated Middle-East tension could bolster…
Japanese Yen remains confined in a range near multi-decade low against USD
The Japanese Yen remains depressed near a multi-decade low amid the BoJ’s dovish outlook. The divergent Fed-BoJ expectations support prospects…