British Pound Set for Worst Month Since August 2022 as Upside Exposure Builds

British Pound, GBP/USD, Technical Analysis, Retail Trader Positioning – IGCS Update British Pound set for worst month since August 2022? Retail traders’ bullish exposure relentlessly building Will the exchange rate bounce off near-term support? Recommended by Daniel Dubrovsky How to Trade GBP/USD At over -4 percent, the British Pound is on course for the worst

Oil tests support as US Dollar strength snaps August rally

Share: Oil (WTI) slides lower and starts flirting with first important support near $88.  The US Dollar value keeps increasing as markets price in a  possible persistent rate differential between USD and  other  currencies. Higher Oil prices have negative implications even  for Oil producers. Oil prices drop for a second day in a row,

Singapore August exports fall more than expected

Singapore Non-oil Domestic Exports (NODX) in August 2023: -3.8% m/m vs +5.5% expected -20.1% y/y vs. -15.8% expected Electronics and non-electronics exports to the United States, Europe and China declined the cited reasoning. — Singapore Non-oil Domestic Exports (NODX) measures the value of goods exported from Singapore excluding oil and petroleum products. an important gauge

XAU August Swing Low Nears, XAG Faces 2022 Trendline

Gold, Silver, Trendlines, Symmetrical Triangle – Technical Update: Gold prices remain focused lower as resistance holds Silver faces key rising support since September 2022 What are key technical levels to watch going forward? Recommended by Daniel Dubrovsky Get Your Free Gold Forecast XAU/USD Analysis Gold prices have been aiming cautiously lower in recent days, extending