Email: [email protected]
Call Us: +971 545407280
The GBP/USD currency pair has continued to experience losses for the second consecutive day, with its current trading level situated lower at approximately 1.2320 during the Asian trading session on Thursday. This decline can be attributed to the hawkish stance adopted by the US Federal Reserve (Fed), which is exerting downward pressure on the pair.
The AUD/USD currency pair is currently undergoing an extension of its significant retracement from levels slightly above the psychological barrier of 0.6500, which marked a nearly three-week high. This retracement is persisting as the pair continues to lose ground during the Asian trading session on Thursday.
The price of gold has continued to experience losses for the third consecutive day, with its current trading level situated lower at approximately $1,925 during the early hours of the Asian trading session on Thursday. This decline aligns with expectations, as the US Federal Reserve (Fed) has decided to maintain the current benchmark policy rates at 5.5% during its recent meeting held on Wednesday