Tag: London

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...