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Brent crude remains on a firm upward trajectory on Friday, trading near a one-month high and heading for a second consecutive week of strong gains, with prices up nearly 6% so far this week. The latest rally continues to be fueled by…
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BTC/USD extended its powerful advance for a third consecutive session, rising more than 20% and reaching levels last seen in mid-May. The cryptocurrency is also on track to post its strongest weekly performance since the first week of…
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EUR/USD extended its strong rally into a second straight session on Thursday, climbing to its highest level in three months as bullish momentum remained firmly in control. The pair continues to draw support after Wednesday’s 0.85%…
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Gold prices surged more than 3% on Wednesday, fueled by a sharp decline in the U.S. dollar amid growing expectations that the Federal Reserve will maintain a dovish monetary policy stance. The latest advance marks a renewed attempt…
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British inflation accelerated to a four-month high in July, largely driven by regulators’ decision to raise the cap on household energy bills. At the same time, the fragile situation in the Middle East continues to pose a significant…
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The dollar index dropped to a two-month low on Monday after finally breaking below the pivotal 99.50 support zone, an area reinforced by the base of the daily Ichimoku cloud and a key trendline that had successfully repelled several…
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Gold prices eased slightly from a fresh nine-week peak in early Thursday trading as the positive impact of softer US inflation data began to fade and investors shifted their focus to the upcoming US Producer Price Index report for…
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US inflation moderated in July, largely reflecting lower energy costs following the recent ceasefire in the Middle East, easing pressure on the Federal Reserve to consider another interest rate increase in September. The Consumer…
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Brent crude climbed to its highest level in more than a week on Tuesday, extending Monday’s near 5% rally after fresh comments from President Trump shifted market sentiment and overshadowed ongoing efforts by Iran and Oman to secure the…
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The Reserve Bank of Australia left its cash rate unchanged at 4.35% for a second consecutive meeting, citing an economic slowdown that remains broadly in line with its expectations. A softer-than-expected rise in Australia’s…
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