South African rand falls 1.7% as strong dollar weighs on currency
South African rand falls 1.7% as strong dollar weighs on currency
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The British pound has edged lower on Thursday. In the North American session, GBP/USD is trading at 1.3177, down 0.19% on the day. The pound has been busy and moved higher on Wednesday, with gains of 0.42%. This followed massive losses of 1.1% a day earlier, after UK gilts surged to a 27-year high. Bank…
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Event to watch out for today: 17:00 EET. USD – ISM Manufacturing Index EURUSD: EUR/USD paused its four-day losing streak, trading near 1.0270 during the Asian session on Friday. European Manufacturing Purchasing Managers’ Index (PMI) data on Thursday fell short of expectations, which only added to Euro traders’ concerns following a soft speech from European…
Eco Data 1/31/25 – Action Forex
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Ukraine’s Zelenskiy: Next Ukraine/Russia meeting planned for Wednesday in Turkey | investingLive
Ukraine’s Zelenskiy says that the next Ukraine’s last Russia meeting is planned for Wednesday in Turkey. Meanwhile, over the weekend, Russia unleashed a wave of attacks across Ukraine, launching hundreds of bombs that killed at least eight civilians and wounded 31 others. The assault left widespread destruction across several frontline regions. In the port city…
Pan American Silver (PAAS) Pullback in Progress – Forex Market Analysis – ForexCycle.com
Pan American Silver is a Canadian mining company that owns and operates mines in Mexico, Peru, Bolivia, and Argentina. As one of the world’s premier silver producers, they focus on silver and gold mining throughout the Americas. Their vision emphasizes excellence in discovery, engineering, innovation, and sustainable development. Below we update the Elliott Wave outlook of…
