
GBP/USD Weekly Forecast: Pound Sterling struggles despite US government shutdown
The Pound Sterling (GBP) recovery from seven-week lows against the US Dollar (USD) lost legs, sending GBP/USD back below the 1.3500 threshold.
The Pound Sterling (GBP) recovery from seven-week lows against the US Dollar (USD) lost legs, sending GBP/USD back below the 1.3500 threshold.
The price of gold at $4000 per ounce is the next target for gold bulls amid the continued strong positive momentum in the market. According to platforms of gold trading companies, momentary gold prices rose to the resistance level of $3897 per ounce, the highest in the history of the yellow metal market. The absence…
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The U.S. dollar has been a bit choppy against the Mexican peso during the trading session on Friday as we continue to just grind sideways overall. This is a market that, course, is paying attention to a lot of different things at the moment, not the least of which would be the U.S. government shutdown….
On Friday the Nvidia stock initially rallied a bit during the early hours here on Friday but then turned around to show signs of hesitation as traders continue to see a lot of questions asked about the extension and expansion of the stock market. The non-farm payroll announcement was not released on Friday, so we…
The Euro continues to try to rally against the US dollar, but at this point in time, it’s likely that the market continues to see selling pressure just above. And quite frankly, this has been a very lackluster week for the Euro. We are approaching an area that I think we have to make a…