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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.…
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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…
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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…
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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…
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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…
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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…
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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…
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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…
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The rebound extends into a third consecutive session and picked up momentum on Monday, rising about 2.2% by mid-European trade, as fresh bullish signals emerged following a break above the bear-channel upper boundary at 90,700 and the 38.2%…
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AUDUSD extends its steep uptrend for the eleventh consecutive session and remains on course for a second weekly advance, supported primarily by broad dollar weakness amid rising expectations for a Fed rate cut, while also maintaining a firm…
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