Ahmad Elbasioni 418 posts 0 comments

The Bank of England reduced its benchmark interest rate by 25 basis points, lowering it from 4.00% to 3.75%, in line with market expectations, while signaling a potential slowdown in the pace of future cuts. Data released on Wednesday…
Read More...

Gold rebounded from the key $4300 support zone, which had successfully contained declines over the past three sessions, and is on track for a fourth consecutive daily close above this level, reinforcing the positive outlook. Renewed…
Read More...

Silver surged over 4% on Wednesday, reaching a new record high of $66.51, fueled by renewed demand for precious metals following US data that indicated further weakness in the labor market, boosting expectations of a more dovish Fed stance.…
Read More...

Cable surged past the 1.3400 level on Tuesday morning, supported by stronger-than-expected preliminary December Manufacturing and Services PMIs, which offset weaker labor data. Sterling remains firm, holding just below a near two-month…
Read More...

The Euro maintains a firm stance at the start of the week, hovering near the multi-week high of 1.1762 reached last Thursday. Bulls remain in control, testing the previously broken Fibo barrier at 1.1746 (61.8% of 1.1918/1.1468) and…
Read More...

Gold climbed to its highest level in nearly two months on Friday after decisively breaking above the recent range ceiling at $4264, reaffirming the continuation of the recovery leg from the $3886 low of Oct 28 and pushing through the…
Read More...

The Euro holds a firm tone and extends its climb to a seven-week high on Thursday, building on Wednesday’s 0.6% post-Fed jump that accelerated bullish momentum. The currency continues to draw support from the Fed’s rate cut and the…
Read More...

The US Federal Reserve lowered interest rates by 25 basis points on Wednesday, as widely anticipated, but signaled a likely pause in early 2026, awaiting clearer indications from the labor market and persistent inflation pressures. The…
Read More...

Silver surged to a new record high of $61.59 on Wednesday, extending Tuesday’s strong rally that posted a 4.5% daily gain and broke through the psychological $60 barrier. The metal continues to benefit from robust safe-haven demand…
Read More...

The dollar index’s recovery from the 98.70 daily higher base (bottom of pullback from the 100.32 peak) slowed on Wednesday as traders awaited the conclusion of the Fed’s two-day policy meeting. Markets largely expect a 25-basis-point…
Read More...