The British pound has often shown resilience in the face of a strong US dollar, now with momentum from expectations of imminent tightening of the US Federal Reserve’s policy. This explains… Read more »
The GBP/USD has been trying to compensate for its sharp losses that pushed it towards the 1.3411 support level, a 2021 low. The rebound gains did not exceed the 1.3575… Read more »
Despite global concerns, which usually serve as a fertile environment for gold, a strong US dollar pushed gold to the $1728 support level, a 7-month low, before settling around $1740… Read more »
The Federal Reserve’s indications yesterday that reducing bond purchases are imminent increased the gains of the US dollar against the other major currencies. The EUR/USD plunged to the 1.1683 support level,… Read more »
Bitcoin price found support near $47,150 and started a fresh increase against the US Dollar. BTC must settle above the 100 hourly SMA to continue higher. Bitcoin extended its decline… Read more »
Bitcoin stalled for most of Monday before making another run at $40,000 as of press time. The world’s largest cryptocurrency by market valueis holding support above $36,000 and remains up… Read more »