Tag: London

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Gold Price Outlook: Decline to Lowest Levels Since September | Forexlive

The gold market has been experiencing a decline recently, reaching its lowest levels since September. This drop in price comes after the initial uncertainty surrounding the US election was quickly resolved, causing gold to...
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Key Economic Events to Watch Next Week: US & China CPI, US Retail Sales,...

Next week will be a busy one for economic events around the world. Here's a rundown of some key events to keep an eye on:- On Monday, there will be a US holiday for...
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EUR/USD Weekly Forecast: Analysis and Predictions for Traders

The EUR/USD pair saw a decline from 1.1213 to 1.0681 last week, but it has since rebounded. The outlook for this week remains uncertain, with the possibility of further consolidations. However, the overall trend...
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EUR/GBP Weekly Forecast: Latest Analysis and Predictions

EUR/GBP has recently broken through the key level of 0.8294, indicating a resumption of the larger downtrend. This week, the focus remains on the downside with the initial target set at 0.8242, which is...
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Key Technical Levels for Major Currency Pairs – Week of Nov 11 | Forexlive

Foreign exchange trading is a risky endeavor that may not be suitable for everyone. It is important to be aware of the high level of risk involved, especially when using leverage. Before diving into...
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Gold Price Forecast: Analyzing Potential Corrections and Opportunities

Gold prices experienced a significant drop of over 3% following the announcement of the presidential election results, resulting in cumulative losses exceeding 5% from late October to the recent low. However, the situation does...
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BOE’s Policy and Rate Cuts: Impact of Disinflation on Forex Trading

The recent news from the Bank of England (BOE) regarding their policy and potential rate cuts has been causing a stir in the forex trading market. Analysts are closely examining various factors such as...
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BOE Governor Bailey: Services Inflation Needs to Decrease Broadly | Forexlive

BOE Governor Andrew Bailey emphasized the need for a decrease in services inflation during a recent speech. He highlighted the importance of addressing inflation in the services sector to ensure overall economic stability. Bailey's...
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EUR/USD Forecast: Mid-Day Analysis and Outlook – Action Forex

The EUR/USD pair is showing a slightly upward bias during the day as it continues to rebound from the short-term bottom of 1.0760. However, there is expected to be strong resistance around the 55-day...
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GBP Outlook: Rate Cuts vs. Fiscal Confidence – Cross Currents | Forexlive

The Bank of England's upcoming decision on interest rates is expected to have a significant impact on the value of the British Pound (GBP). According to MUFG, the slower pace of interest rate cuts...

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