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Gold extended its decline on Wednesday as a stronger US dollar intensified selling pressure, driving the metal through the key $4,120/$4,100 support zone, which marks the 76.4% Fibonacci retracement of the $3,942/$4,697 rally and a major…
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The US dollar strengthened on Wednesday, climbing back toward its recent multi-month high and fully erasing Tuesday’s losses, effectively reducing the likelihood of a near-term corrective pullback. Rising oil prices and increased…
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Brent crude advanced on Wednesday, extending its rebound after Tuesday’s brief surge to $97.07, as renewed geopolitical tensions revived uncertainty across energy markets following a short-lived period of relief. Fresh clashes in Yemen,…
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USD/JPY remains supported and has moved toward the upper end of its four-day consolidation range, although recovery attempts continue to face headwinds from waning bullish momentum and a newly formed 55/200-day moving average death cross. A…
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Gold edged higher on Monday, drawing modest support from fading expectations of a Federal Reserve rate hike in October. However, gains remained limited as the metal struggled to recover from the sharp losses triggered by Friday’s…
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The euro slipped to a fresh multi-month low in early Monday trading as sentiment deteriorated further amid mounting concerns over the bloc’s deepening debt crisis. The sharp selloff in French government bonds intensified fears that the EU’s…
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Brent crude slipped back below the $100-per-barrel mark on Friday, surrendering much of the previous session’s 5.5% surge as market sentiment remained highly volatile and driven by rapidly shifting geopolitical developments. Concerns…
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The latest US employment report revealed that nonfarm payrolls rose by just 29,000 jobs in September, a sharp slowdown from the downwardly revised increase of 133,000 in August, previously reported as 162,000. The reading fell well short of…
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The U.S. dollar index remains supported by a combination of bullish drivers, including growing expectations of a more hawkish Federal Reserve stance as higher oil prices add to inflationary pressures, heightened risk aversion that…
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Bears accelerated their advance on Thursday, driving EUR/USD deeper into its broader downtrend and to its lowest level since late May 2025. The pair remains under pressure from a combination of factors, including the inflationary impact of…
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