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British Pound stays low under 1.3400 as rising US-Iran tensions support USD.

GBP/USD Price Prediction: Approaching 1.3600 support close to the lower edge of the ascending channel

The GBP/USD pair is finding some support around 1.3370, although it saw a slight dip on Monday and remains under 1.3400. So far, it appears to have halted a pullback following Friday’s nearly four-week high close to 1.3450, despite mixed economic signals. Andy Burnham, the former mayor of Greater Manchester, has garnered the backing of […]

Gold stays above $4,100 amid Hormuz tensions and pressure on silver.

Silver boosts metal prices as traders protect crucial support levels.

Gold and Silver Prices Dip Amid Economic Indicators Gold and silver prices saw a drop during late afternoon trading in the U.S. on Friday. Rising Treasury yields and strong expectations from the Federal Reserve outweighed the impact of a weaker dollar and growing geopolitical concerns in the Strait of Hormuz. As of the latest updates, […]

Swiss Franc strengthens as Fed divisions impact USD, US-Iran tensions increase

Swiss Franc stays under 0.7800 as US yields rise and markets remain cautious

USD/CHF Currency Update The USD/CHF pair continued its downward trend for the second consecutive day, currently trading around 0.8065, reflecting a 0.15% decline on Thursday. This drop is largely attributed to a weakened US dollar, following the release of the recent Federal Reserve Board meeting minutes. It appears that there is a split among policymakers […]

Swiss Franc declines as new US-Iran tensions boost the US Dollar

USD/CHF Price Outlook: Looking to continue rise towards one-year peak near 0.8170

The Swiss franc (CHF) has seen a slight dip against the US dollar (USD) on Wednesday, down nearly 0.7% for the week. The USD/CHF pair has remained relatively stable in the high-0.8000s, reflecting investor concerns over renewed tensions in Iran and overall market caution as they await the latest minutes from the Federal Reserve’s monetary […]

US Dollar Index strengthens as tensions in Hormuz increase demand for safe-haven assets

US Dollar recovers from daily lows, Trump announces Iran deal is signed

The US Dollar Index (DXY), which gauges the value of the US dollar (USD) against six key currencies, is on an upward trend after two days of steadiness, trading at approximately 100.90 during European hours on Tuesday. The dollar found support due to increased demand for safe-haven assets amidst rising geopolitical tensions. Concerns escalated in […]