EUR/USD Edges Higher: 20-Day SMA Holds Key as Bulls Eye 1.0600 Resistance
The Euro (EUR) is inching higher against the US Dollar (USD) on Monday, December 9th, demonstrating a tentative recovery after…
Day: December 9, 2024
Mexican Peso Gains Momentum Amid Soft CPI and Rate Cut Speculation – USD/MXN Nears Key Support Levels
The Mexican Peso (MXN) has continued its upward trajectory, buoyed by softer-than-expected inflation data and growing expectations of a rate…
GBP/USD Soars Toward 1.2800 as Fed Rate Cut Bets Fuel Pound Sterling’s Strength
The Pound Sterling (GBP) started the week on a positive note against the US Dollar (USD), buoyed by increasing expectations…
Gold Prices Surge Amid Geopolitical Tensions, China’s Gold Purchases, and Fed Rate Cut Expectations
Gold prices have seen a significant uptick in recent days, primarily driven by geopolitical uncertainties in the Middle East and…
Australian Dollar Bounces Back: Boosted by China’s Stimulus Plans and Market Optimism
The Australian Dollar (AUD) staged a notable recovery on Monday, buoyed by a combination of improved global market sentiment and…