EUR/GBP is in a precarious place now. Things could turn ugly very quickly for the currency pair. EUR/GBP is in a precarious place now. Since October last year the pair, for the most part, has been confined to a wide range between 0.91390 and 0.83079. The rangebound nature of a cross-currency exchange rate like EUR/GBP […]
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Australia’s labor market delivered a strong upside surprise in April, with employment rising by 89k, sharply above expectations of 20.9k. Full-time jobs accounted for 59.5k of the gain, while part-time employment rose by 29.5k. Unemployment Read more…
At an event overnight, San Francisco Fed President Mary Daly said Fed is in a “good position” to respond to evolving conditions and uncertainties. She emphasized, “patience is the word of the day,” “We’ve got Read more…
Key Highlights WTI Crude Oil prices started a recovery wave above the $60.00 level. A connecting bullish trend line is forming with support at $61.90 on the 4-hour chart. Gold prices dipped below the $3,300 Read more…