Daily Analysis by zForex Research Team - 08.20.2024 Dollar Weakness Drives EUR/USD Higher, Yen Steady, and Gold Holds Near Highs The dollar index dropped below 102, reaching its lowest point in over seven months as markets brace for potential ...

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GBP/USD Analysis by zForex Research Team - 08.19.2024 GBP/USD Technical Levels: Support at 1.2920 For GBP/USD, the initial support lies at 1.2920, followed by 1.2860 and 1.2800 below. On the upside, the first resistance is at 1.3000, with subsequent ...

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Gold Analysis by zForex Research Team - 08.19.2024 Gold Prices Await Powell's Speech and FOMC Minutes Gold prices remained near a record high of $2,500 per ounce on Monday, driven by strong demand for safe-haven assets. The Federal Reserve's policy ...

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Daily Analysis by zForex Research Team - 08.19.2024 Fed Rate Cut Expectations Boost Yen, Pressure Dollar The dollar weakened significantly due to growing expectations of Federal Reserve interest rate cuts, fueled by concerns over the US economy. ...

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Gold Analysis by zForex Research Team - 08.16.2024 Gold Holds Steady Around $2,450 Gold remained steady around $2,450 per ounce on Friday, poised to record a weekly gain following a decline the previous week. The metal continues to attract investors ...

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Dollar Analysis by zForex Research Team - 08.16.2024 Dollar Index Holds Steady on Rate Cut Speculations The dollar index traded around 103 on Friday, following a 0.5% gain in the previous session, supported by strong US economic data that eased ...

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Daily Analysis by zForex Research Team - 08.16.2024 US Economic Data Supports Dollar, Yen Dips on Political Worries On Friday, the Dollar Index remained steady around 103 on strong US economic data that eased recession fears, although it faced some ...

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GBP/USD Analysis by zForex Research Team - 08.15.2024 UK Inflation Data Pushes GBP/USD Lower, Increases Likelihood of Bank of England Rate Cuts The British pound fell to $1.28, retreating from a three-week high reached earlier in the month, ...

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EUR/USD Analysis by zForex Research Team - 08.15.2024 EUR/USD Eyes 1.1065 Resistance Amid Dollar Weakness On Wednesday, the dollar index traded around 102.6, following a 0.5% decline in the previous session. This drop was driven by disappointing US ...

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Daily Analysis by zForex Research Team - 08.15.2024 Inflation Data Drives EUR/USD Higher, Yen and Gold Strengthen The dollar remains under pressure around 102.6 as softer US producer inflation data fuels expectations for Fed rate cuts, pushing ...

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Gold Analysis by zForex Research Team - 08.14.2024 Softer US Inflation Data Improves Gold’s Safe-Haven Appeal Gold eased to around $2,460 per ounce on Wednesday but remained near record highs, as new evidence of softer US inflation increased ...

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EUR/USD Analysis by zForex Research Team - 08.14.2024 EUR/USD Eyes 1.1000 Resistance Amid Dollar Softness The dollar index hovered around 102.6 on Wednesday, following a 0.5% decline in the previous session, as softer US producer price data raised ...

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Daily Analysis by zForex Research Team - 08.14.2024 US Inflation Data Softens the Dollar Index, Yen Strengthens, and Gold Nears Highs The dollar hovers around 102.6 as softer US producer inflation data raises expectations for Fed rate cuts, with ...

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GBP/USD Analysis by zForex Research Team - 08.13.2024 UK Employment Up 24,000 in July, Supporting GBP/USD In July 2024, the number of payrolled employees in the United Kingdom increased by 24,000 to reach 30.4 million, following a revised gain of ...

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Dollar Analysis by zForex Research Team - 08.13.2024 Dollar Index Holds Steady Before the US Inflation Data The dollar index remained steady at around 103.1 on Tuesday as traders avoided making significant moves before key US inflation data this ...

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Daily Analysis by zForex Research Team - 08.13.2024 Markets Show Caution Before the US Inflation Report, Yen Under Pressure Global markets presented cautious optimism and uncertainty as traders awaited key economic data and central bank decisions. ...

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Gold Analysis by zForex Research Team - 08.12.2024 Gold Slips Below $2,430; Eyes on Fed Rate Cut Speculations Gold prices fell below $2,430 per ounce on Monday as investors awaited key US inflation data this week for insights into the Federal ...

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Dollar Analysis by zForex Research Team - 08.12.2024 Dollar Stabilizes Ahead of Key US Inflation Data After Recent Volatility On Monday, the dollar index held steady around 103.1 as investors awaited key inflation data this week to confirm that ...

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Daily Analysis by zForex Research Team - 08.12.2024 Dollar Steadies Ahead of Key US Inflation Data, Yen Dips Amid Holiday-Thinned Trading The dollar stabilized around 103.1 as markets await crucial US inflation data this week, which is expected to ...

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Gold Analysis by zForex Research Team - 08.09.2024 Geopolitical Tensions Support Gold, But Prices Dip as Market Awaits Fed Gold prices eased to around $2,420 per ounce on Friday after a nearly 2% increase in the previous session. The metal continues ...

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