Euro Declines: Eurozone Business Growth StallsForex

Euro Declines: Eurozone Business Growth Stalls

The eurozone economy is facing a significant challenge as business growth in the region virtually stalls, with the manufacturing sector…

Market Analysis: Euro Maintains Bid BiasForex

Market Analysis: Euro Maintains Bid Bias

Amidst a mild risk-on mood, the Euro remains bid in the 1.1000 zone, demonstrating resilience despite ongoing global economic uncertainties.…

Powell’s Testimony: Dollar Strengthens on Strong US DataForex

Powell’s Testimony: Dollar Strengthens on Strong US Data

The US dollar strengthened the euro following robust US housing data and as market participants eagerly anticipated Federal Reserve Chair…

Forex Market Analysis: Major Currency PairsForex

Forex Market Analysis: Major Currency Pairs

The forex market witnessed various currency movements last week, with a focus on central bank decisions and efforts to combat…

US Dollar Faces Bearish Pressure: Fed are suggesting a pauseForex

US Dollar Faces Bearish Pressure: Fed are suggesting a pause

The US dollar index (DXY index) has encountered significant selling pressure, signaling a disconnect between the market and the US…

Fed Delays Interest Rate Hikes until Later This YearForex

Fed Delays Interest Rate Hikes until Later This Year

The American Federal Reserve announced that after 15 months, it would pause a series of interest rate increases. The Fed…

Bank of England Facing Record Interest Rate HikeForex

Bank of England Facing Record Interest Rate Hike

Investors estimate that the Bank of England could raise interest rates next week by 0.25 percent to 4.75 percent, the…

The Ruble at The Level of April Last YearForex

The Ruble at The Level of April Last Year

The real effective exchange rate of the ruble in the period from January to May of the current year weakened…

US Dollar Weakens as Inflation Expectations CoolForex

US Dollar Weakens as Inflation Expectations Cool

 Opening Room for Dovish Undertone In the world of forex trading, the US dollar (USD) has been experiencing a downward…

Investors Seek Refuge in Gold BarsForex

Investors Seek Refuge in Gold Bars

Supported by a weaker dollar and speculation of an end to aggressive monetary policy tightening in the US, gold has…