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Abstract:Powered by WikiFX: (GOLD, EUR/USD, GBP/USD and USD/JPY) Technical Analysis August 07 , 2023
Please note that due to market volatility, some of the key levels may have already been reached and scenarios played out.
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The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
Australia's trade surplus has surged to an 11-month high, reaching $5.62 billion in January 2025. The unexpected boost in trade surplus was primarily driven by a 1.3% month-over-month increase in exports, with non-monetary gold playing a starring role.
- ECB expected to cut interest rates on March 6 - Future rate decisions unclear due to ongoing inflation and global trade issues - Markets expect more cuts, but some ECB officials urge caution
A medical officer in Malaysia suffered a significant financial loss after falling prey to a cryptocurrency investment scam that originated on social media. The victim, a 39-year-old woman, was deceived into transferring her savings of RM86,200 following a series of fraudulent claims promising lucrative returns.
The foreign exchange market is inherently volatile, with its sharp fluctuations driven not only by changes in the global economic landscape but also by large-scale speculative capital and the influence of major market players, further intensifying its instability.