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Gold lost 0.8% on Tuesday to $2037 due to the impact of a rising dollar after policymakers in Davos flagged overly optimistic expectations for an interest rate easing cycle. Commentators are trying to find a link between hawkish comments from eurozone (not US) policymakers and the rise of the dollar. But we tend to see […]

The post Gold: Preparing for Breakout or Reversal? Dollar Will Decide appeared first on Action Forex.

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08/01/2024

EURCHF Bulls Could Find An Opening

EURCHF trades a tad above its all-time low of 0.9235 Euro bulls are trying to regain market control and limit their losses Momentum indicators could open the door for a rebound EURCHF is edging higher today but trades very close to its all-time low of 0.9235 recorded on December 29, 2023 with the recent series […]
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Bitcoin Price Is At Risk of Another Decline – Here’s Why

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