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Gold remains the standout performer in the markets, consolidating modestly in early Tuesday trading after surging through the \$3900 level and setting a new record high at \$3977 on Monday, as the metal now tests the pivotal \$4000 barrier.…
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Gold surged to a new all-time high of \$3871 on Tuesday, extending Monday’s sharp 2% rally, which marked the biggest daily gain since May 6. The move was fueled by intensifying concerns over a potential US government shutdown on October…
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The dollar index extended losses for the second straight session, weighed by mounting concerns over a potential US government shutdown and reinforced expectations of further Fed rate cuts, which overshadowed the support from last week’s…
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The euro inched higher on Friday as the second leg of the pullback from the new 2025 peak at 1.1918 found a footing at key Fibonacci support at 1.1655, marking the 50% retracement of the 1.1391–1.1918 rally. Near-term bearish momentum…
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WTI oil extended gains for the second consecutive session, supported by renewed supply concerns and a larger-than-expected draw in US crude inventories (API report showed -3.82 mln bbls vs -3.64 mln bbls previous week). Prices advanced…
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USDJPY strengthened on Wednesday, supported by a more cautious tone on monetary policy from Fed Chair Powell alongside increased demand from Japanese importers. The dollar regained momentum after Powell emphasized the need for a balanced…
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Silver price eased its momentum after reaching a new multi-year high at \$44.46 on Tuesday but maintains a solid bullish outlook, supported by the ongoing strength in gold. The Doji candle formed on Tuesday, followed by a similar pattern…
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A strong break through the key \$3700 resistance zone propelled gold to a new record high on Monday, with prices rising 1.1% since the open. The shallow retreat from the previous peak proved to be a brief consolidation rather than a…
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Cable remains in a steep decline from last Wednesday’s 2½-month high at 1.3725, having already retraced more than 61.8% of the 1.3333/1.3725 rally and broken through the next key support at 1.3465, marked by the daily cloud top. The…
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USDJPY regained momentum, bouncing near Thursday’s one-week high after the Bank of Japan kept rates unchanged but signaled the possibility of earlier-than-expected hikes, which briefly strengthened the yen. The sharp rebound over the…
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