Market Insights

The currency pair showed a fairly active growth in the morning session testing the 0.6900, receiving support from macroeconomic statistics.

The pound is under pressure and corrected downward due to political difficulties, rapid inflation and recession risk, not to mention Brexit worries.

The yellow metal is consolidating after 2 days of losses. After China eased COVID restrictions, economic growth expectations are stimulated...

Rising oil prices are supporting the Canadian dollar. After reaching the high of 1.3078, the USDCAD went in a correction...

The DAX continues to rise although consumer sentiment in Germany dropped to a new record low. Even though Wall Street closes in red...

The EUR is rising as the USD extends its decline, after the IMF revised its economic growth forecast to 2.9% reducing expectations of sharp rate hikes...

FTSE is rising despite weak macro data. After a sharp decrease yesterday, as the UK government borrowed more than expected last month...

The EURUSD declined after the release of a weak PMI data. The negative dynamics confirm the slowdown in the Eurozone economy...

During the morning session, gold prices declined testing new local lows as the dollar regained its traction. The yellow metal rebounded in the last hour...