Trading Analysis for EURUSD
22/07/2024
The EUR/USD pair experienced significant fluctuations last week, closing just below the 1.0900 mark. The pair hit a multi-month high of 1.0947 mid-week before retreating. This movement was influenced by the European Central Bank’s (ECB) decision to keep interest rates unchanged, which provided little guidance for future monetary policy.
Trading Analysis for XAUUSD
22/07/2024
Gold prices have recently faced significant volatility, driven by a combination of economic data, geopolitical tensions, and market reactions to Federal Reserve signals. After reaching a record high of $2,483.74, gold experienced a sharp pullback due to profit-taking and a strengthening US dollar.