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GBP/USD: Geopolitics Stronger Than Macroeconomics

August data on business activity indexes released by S&P Global slightly disappointed. The composite PMI declined to 52.2 from 52.8 in t...

Euro Spreads Its Shoulders

Nothing lasts forever under the moon. Not long ago, the dollar seemed invincible: the market was confident that the Federal Reserve would so...

GBP/USD Overview. August 10. Will Inflation Strike a Blow to the Dollar?

The GBP/USD currency pair also showed an upward movement on Friday, but it was quite weak. The volatility was only 74 pips, which is extreme...

EUR/USD Overview. August 10. Non-Farm Payrolls Pass Judgment on the Dollar

The EUR/USD currency pair showed a fairly decent rise on Friday, although it could have been much stronger. Not just "could," but ...

Iran Ready to Open the Strait of Hormuz, But There Are Conditions...

On Saturday, August 8, Iran officially announced that the deal with Oman on shipping routes through the Strait of Hormuz is nearly complete ...

XAU/USD – Price Analysis and Forecast: Gold Attracted Buyers on Friday

Today, Friday, gold (XAU/USD) reached a new daily high, and bulls continue to try to build momentum by breaking above the $4,300 level. Gold...

EUR/USD Overview. August 7. No News, But Hold On Tight

The EUR/USD currency pair continued to exhibit very sluggish, uneventful movement on Thursday. Throughout the day, there were no significant...