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GBP/USD growing recession fears fuel downside risk
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GBP/USD Forecast: Pound Sterling turns bearish despite big BoE hike
After having spiked above 1.2800…
XAU/USD extends recovery to near $1,920 as USD Index loses upside momentum
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Gold price has stretched its recovery to near $1,920.00 as the upside momentum in the USD Index is…
Forex and Cryptocurrencies Forecast for June 26 – 30, 2023 – Analytics & Forecasts…
EUR/USD: Officials' Words Drive the Markets ● Just a reminder, the Federal Open Market Committee (FOMC) of the US Federal Reserve decided on Wednesday, June 14 to pause the process of monetary tightening and left the interest…
Losses could accelerate below 102.00
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DXY extends the rebound to 103.00 and above.
Further downside likely on a breach of 102.00.
DXY…
Prints a fresh nine-day low at $67.60 as global recession fears deepen
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The oil price has printed a fresh nine-day low at $67.60 amid bleak economic forecasts.
In the…
Euro remains en route to close the week in the negative territory
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Euro picks up some pace and looks to retake 1.0900.
Stocks markets in Europe en route to close the…
USD/MXN maintains gains amidst global recession fears and Banxico’s unchanged rates
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USD/MXN edges up 0.13% to 17.1880 amidst global recession fears and Banxico’s stable rates.
PMIs…
EUR/USD Veers Off Bullish Path after Rejection at 1.1000. Now What?
EUR/USD FORECAST:EUR/USD fails to remain above the psychological 1.1000 level and pulls back heading into the weekend, challenging trendline supportDisappointing economic data in the Eurozone prompts traders to trim exposure to the common…
Nvidia stock falls 2% as market continues pullback streak
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Nvidia appears to be readying for a pullback at the moment.
NVDA is still trading in overbought…
Fed Chair Took the Stage with Hawkish Comments
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Federal Reserve (Fed) Chair Jerome Powell took the stage yesterday with a series of hawkish comments and while the Fed funds futures did not see much of a change…