Market Update: JPY Strengthens Against Rivals Tuesday’s Session Recap In Tuesday’s session, the JPY traded strongly against most of its rivals, mainly driven by the 10-year Japanese bond yield rise, which rose to its highest level since 2014, past 0.60%. On the USD side, the Greenback traded mixed against its rivals, while investors remain cautious…
The AUD/USD pair attracts fresh buyers near the 0.6400 round-figure mark on Tuesday Market Update What’s happening with the AUD/USD pair? The AUD/USD pair is showing signs of recovery as it attracts fresh buyers near the 0.6400 round-figure mark on Tuesday. The pair has been steadily climbing during the early part of the European session,…
Blog Post Article Good Vibes for EUR/USD Pair Let’s Get Positive! Hey there, currency traders! Have you heard the news? The EUR/USD pair is on a roll, gaining positive traction for the second day in a row. It’s climbing back above the 1.0900 mark during the Asian session, and spot prices are sitting pretty near…
Market Update: AUD/USD Pair Consolidates Ahead of Jackson Hole Symposium Current Situation The AUD/USD pair is currently trading within a narrow range around 0.6400 as investors brace themselves for the upcoming Jackson Hole Economic Symposium set to commence on Thursday. The Australian dollar is struggling to make any significant moves as traders await the release…
Discovering Hope: Gold Price Finds Comfort Ahead of Jackson Hole Symposium Introduction As the world continues to grapple with the ongoing challenges brought about by the global pandemic, investors are seeking stability and certainty in uncertain times. Gold, often seen as a safe haven asset, has provided reassurance to investors as its price stabilizes below…
The EUR/USD pair gains traction after six-day losing streak Positive start to the week On the first day of a new week, the EUR/USD pair has finally gained some positive traction. This comes after a six-day losing streak that saw the pair drop to its lowest level since July 6, touching around the 1.0845 area…
Shining Bright: Silver Price Analysis Shows XAG/USD Glimmering as US Bond Yields Fall, Holding Steady in the 2270s Silver Price Recovers amidst Economic Turbulence Silver prices have been on a rollercoaster ride this week, with the XAG/USD showing signs of resilience amidst a backdrop of falling US Treasury bond yields and a weakening Greenback. On…
The Gold Market: Rebound and Consolidation At the end of the week, the XAU/USD Gold spot slightly recovered to $1,890, but it is still poised for a 1% weekly decline, its fourth weekly loss in a row. The Ups and Downs of Gold Trading Gold prices have been on a rollercoaster ride this week, with…
