Shrinking UK GDP Weakens the GBPAUD

The GBPAUD pair faces a nuanced trajectory influenced by divergent economic performances. The recent contraction in the UK's GDP by 0.3% in October, coupled with weaker-than-expected job data, reflects economic…

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USDCNH Finds Direction

Following a volatile Tuesday session, the USDCNH currency pair seems to have charted its course in anticipation of the upcoming Federal Reserve interest rate decision. During Tuesday's developments, US inflation…

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USDZAR Navigates Golden Ratio

The USDZAR currency pair has embarked on an upward trajectory since November 15, primarily propelled by a faltering Greenback grappling with shifting market sentiments. This surge reflects broader favouritism toward…

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Oracle’s Growth Story a Risk

Oracle Corporation (NYSE: ORCL) unveiled its second-quarter earnings on Monday, triggering an 8.5% drop in after-hours trading for its shares. Despite a robust 40% surge in the past year, attributed…

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