GBPUSD Strengthens Amid UK Inflation Figures
The British pound recently reached $1.275 (GBP/USD), its most substantial level in nearly two months. This surge follows higher-than-expected inflation figures in the UK,...
May 22, 2024
Euro Steady at $1.08 – What It Means for Traders
The Euro has been hovering around $1.08 (EUR/USD) as we approach the end of May. This level is close to the highs seen in...
May 22, 2024
Silver Soars to Highest Price Since 2012
Silver prices have surged to nearly $32 per ounce, a level not seen since December 2012. This marks a remarkable year-to-date gain of almost...
May 21, 2024
Geopolitical Tensions Support Gold Demand
On Tuesday, gold prices fell around $2,410 an ounce, retreating from record highs. This decline came after recent remarks from Federal Reserve officials. Despite...
May 21, 2024
Global Oil Supply Faces Multiple Threats
WTI crude futures fell to around $79 per barrel on Tuesday, continuing losses from the previous session. This drop came as investors assessed recent...
May 21, 2024
USDCAD – Strong Canadian Labor Market
The Canadian dollar strengthened to about $1.36 (USD/CAD) in May, reaching a five-week high. This change is due to lower US inflation, which has...
May 21, 2024
