The Euro (EUR) could drop below the 1.0555 low; deeply oversold conditions suggest 1.0500 is unlikely to come under threat. In the longer run, EUR is still expected to weaken; the 1.0500 level may not...
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The Pound Sterling recovers from a three-month low of around 1.2750 against the US Dollar after sticky US inflation data for October. Market expectations for the Fed to cut interest rates in December have increased. BoE Mann...
Silver price remains under pressure near $30.35 in Friday’s early European session. Trump trades are likely to support the Greenback and undermine the USD-denominated Silver price. Global silver demand in 2024 could help limit the...
GBP/USD backslid yet again on Thursday, falling to a 19-week low. Cable is on pace for its single worst week since mid-2023. GBP bidders will be waiting for Friday’s UK GDP print. GBP/USD fell to...
NZD/USD may test the upper boundary of the descending channel near the nine-day EMA at 0.5961 level. The nine-day EMA staying below the 14-day EMA indicates persistent weakness in short-term price momentum. The pair may...