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Get the weekly Forex forecast for major currency pairs for the week of May 06-11, 2024 here.
The downwards selling in the GBP/USD continued early last Monday, but then a reversal upwards started to be seen.
WTI Crude Oil finished the week of trading near the 83.640 level, this after attaining a high earlier on Friday near the 84.450 mark.
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Get the weekly Forex forecast for major currency pairs for the week of April 29- May 4, 2024 here.
The EUR/USD finished the week of trading near the 1.06520 mark, on last Monday the EUR/USD also was around this price vicinity.
Hawkish remarks from Fed Chair Powell and ongoing tension in the Middle East saw the US Dollar continue to gain while stocks and most commodities sold off firmly, excepting precious metals.
The price of WTI Crude Oil started last week around the 85.000 ratio, this after the previous weekend’s loud developments between Iran and Israel.
Get the weekly Forex forecast for major currency pairs for the week of April 22-27, 2024 here.
The GBP/USD which had been trading high on late Tuesday and seemed to be sustaining value on Wednesday, abruptly was walloped by stronger than anticipated U.S CPI.
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Higher than expected US inflation data and tension in the Middle East saw the US Dollar gain while stocks and most commodities fell.
Traders with open positions in WTI Crude Oil this weekend are likely paying attention to the news developing between Iran and Israel.
Get the weekly Forex forecast for major currency pairs for the week of April 15-19, 2024 here.
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Weekly Forex Forecast: S&P 500, NASDAQ up; Gold, Silver soar; BTC, EUR/USD stable.
WTI Crude Oil went into the weekend near the 86.066 USD price as the commodity continued to find buyers.
The EUR/USD ended the week of trading near the 1.08360 mark after a rather brisk five days of trading which provided rather hectic results.