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US nonfarm payrolls unexpectedly declined by 23,000 jobs in July, sharply missing expectations for an 80,000 increase. The report was further weakened by a downward revision to June's figure, which was cut to 20,000 from an initially…
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The Dollar Index continues to trade in a narrow consolidation range above a seven-week low, maintaining a bearish bias after last week’s sharp 1.5% decline. Recent price action has been supported by a key confluence zone around…
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Brent crude remained confined to a tight consolidation range for a second consecutive session after Tuesday’s sharp selloff, which saw prices tumble more than 6%. Despite the pause in downside momentum, the market continues to trade…
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Gold surged more than 3% on Wednesday, reaching its highest level in nearly six weeks as renewed optimism surrounding potential US-Iran peace talks eased inflation concerns and weighed on the US dollar. The move marks the strongest…
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EUR/USD remains on a constructive footing, holding above the key 1.1500 psychological level and the previously broken upper boundary of its bullish channel for a fourth consecutive session. Although Monday’s pullback from the June 17…
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Brent crude opened the week under heavy pressure, gapping lower by nearly $7 per barrel on Monday as easing geopolitical tensions in the Middle East reduced concerns over potential supply disruptions. Market sentiment improved after…
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The U.S. dollar regained momentum in early Thursday trading, recovering part of the 0.6% decline recorded after the Federal Reserve's policy announcement, which had briefly pushed the greenback to its weakest level since July 20. As…
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Gold extended its decline for a third consecutive session on Wednesday, retesting the critical $4,000 support level as optimism over diplomatic efforts in the Middle East faded following renewed military strikes involving U.S. and Saudi…
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EUR/CHF extended its rally to fresh seven-month highs after accelerating higher during Tuesday and Wednesday trading, reinforcing the broader upward trend. The Swiss franc continues to face headwinds from Switzerland’s ultra-low…
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The Australian dollar came under renewed pressure on Wednesday, falling nearly 0.5% after Australian inflation data came in below expectations. Consumer prices rose 3.9% in the second quarter, down from the previous quarter and below…
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