Arthur is a stock market and currency expert with a vast experience in market research and investment consulting. Dedicated Forex trader and financial practitioner, keen on testing new trading techniques and investment strategies.
Gold continued its triumphant streak for the third consecutive day on Monday. From a technical analysis perspective, buyers have not yet reached any specific target, but overall, they are approaching it. For instance, within the current bearish corridor,...
7 months agoThe EUR/USD pair has been grappling with persistent downward momentum, maintaining its position around 1.0775 during the European session on Friday. This marks the fourth consecutive day of losses for the Euro against the US Dollar. However, the subdued t...
6 months agoIn the ever-volatile currency markets, the EUR/USD pair demonstrated a downward trajectory on Wednesday, eventually stabilizing in a narrow band between 1.082 and 1.084. Despite Spanish inflation data for March meeting economists' expectations at 3.2% for...
6 months agoThe EUR/USD pair is showing resilience, defending its near-term support level at 1.08. A broad, albeit slight, dollar weakness contributed to the strength of the pair. However, recent economic data releases from both the United States and Europe have inje...
6 months agoThe US Dollar has emerged as the undisputed monarch once again, buoyed by a confluence of factors sending ripples across the financial landscape. Fed Board Member Christopher Waller's decisive stance against a June interest-rate cut spurred bids on USD on...
6 months agoThe EUR/USD currency pair found a tentative floor in the lower 1.0700s, staging a modest recovery following the release of favorable Eurozone manufacturing data. Manufacturing figures is a crucial piece of data for the European currency since its viewed a...
6 months agoEUR/USD is staging a rebound, reclaiming ground above 1.0850 on Thursday, buoyed by the release of lower-than-anticipated ISM Services PMI figures from the US.The decline in Prices Paid, dropping from 58.6 to 53.4, signals a notable cooling of inflation w...
6 months agoToday, the spotlight shines on the EUR/USD pair as it takes a plunge, breaching the 1.0800 mark on Friday. The downturn has been triggered by the release of US Nonfarm Payrolls data, which exceeded expectations by a wide margin: The data unleashed a...
6 months agoThe US Dollar opens the week on a bullish note, propelled by robust gains during both the Asian and European trading sessions. Bolstered by a stellar US Nonfarm Payrolls report last Friday, where job additions defied expectations, the greenback appears po...
6 months agoThe Euro-US Dollar (EUR/USD) pair showcases a hesitant dance, clawing back from recent lows only to stumble once again. Today, the pair struggled to maintain its footing, skirting around the 1.0620 mark, haunted by lingering shadows of geopolitical strife...
6 months agoThe US Dollar continues its triumphant ascent as the US economy flexes its muscles against its G10 counterparts. Riding on the waves of changing short-term yield differentials, the Greenback finds itself in a favorable position, bolstered further by geopo...
6 months agoInflation data releases from both the Eurozone and the United Kingdom spurred the recovery of the Euro and the Pound Sterling on Wednesday. Let's delve into the implications of these figures and the potential trajectories for these currencies. Eurozone In...
5 months agoEUR/USD maintained its position in the 1.0650s on Thursday; however, recovery shows signs of fading after the bounce from the 1.06 April low. The currency pair's current stance teeters between the realms of correction and reversal, accentuated by a robust...
5 months agoDespite the contentious backdrop of geopolitical risks and the Federal Reserve adopting a more hawkish stance in its statements, EUR/USD managed to stage a recovery above the 1.0650 mark. The flight to the safe embrace of the US Dollar (USD) at the start...
5 months ago