Blogs

Price Gains Stall, GBP/USD Plunges Back 100 Pips!

Forex

<p>&nbsp;The price chart of the GBP/USD currency pair saw a daily plunge of around 100 pips on Thursday yesterday after the price managed to reach a new 4-month high.</p><p><br /></p><p>The recovery of the US dollar yesterday has changed the previous price movement pattern that saw the depreciation of the cur

Bursa Malaysia Moves Positive Towards 2024

Forex

<p>&nbsp;This morning, Bursa Malaysia opened higher on the last trading day of 2023 due to ongoing account stabilization activities and predictions of an early interest rate cut in the United States (US) in March next year.</p><p><br /></p><p>At exactly 9.05am, the FTSE Bursa Malaysia (FBM KLCI) rose by 0.47

The Dollar Stopped Falling

Forex

<img src="https://fxopen.com/blog/en/content/images/2023/12/Analysis2912_1.jpg" alt="The Dollar Stopped Falling" /><p><br>The US dollar is trying to win back losses, trading at 100.800 in USDX, however, key statistics on the labour market were negative: the number of initial applications for unemployment benefi

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