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Cable extends its upward momentum, approaching key near-term resistance levels at 1.3588 (July 24 high) and 1.3618 (daily Ichimoku cloud top). Sterling’s strength in the past two sessions has been underpinned by a weaker dollar—driven by…
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US consumer prices rose modestly in July, with the CPI up 0.2% from the prior month, easing from June’s 0.3% gain, while the annual inflation rate held steady at 2.7%. Core CPI, which excludes food and energy, climbed 0.3% in July after…
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The Reserve Bank of Australia (RBA) cut interest rates by 25 basis points to 3.6% today, matching market expectations, after recent economic data suggested core inflation would remain near the midpoint of its 2%–3% target range, supporting…
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BTCUSD broke decisively above the psychological 120K mark on Monday, reaching its highest level in nearly a month at 122,300. The rebound from the 112K zone—marking both a higher base and the bottom of the pullback from the record…
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Gold prices climbed on Thursday morning as a new round of US import tariffs came into effect, intensifying global uncertainty and boosting safe-haven demand. The rally pushed prices through the key \$3400 resistance zone (76.4% Fibonacci…
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EURUSD rallied on Wednesday, extending its post-NFP rebound after a brief two-day pause that followed Friday’s sharp surge. The bullish momentum resumed, lifting the pair to a one-week high and nearing the 61.8% Fibonacci retracement of…
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Cable edged lower in early European trading on Wednesday, pressured by disappointing UK data, as July’s Construction PMI dropped to its lowest level since 2020. Despite the dip, the pair remains locked within a narrow range for the third…
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Economic data released on Tuesday indicated that business activity in the Eurozone picked up slightly in July compared to June, though overall momentum remained subdued due to persistently weak demand. The Eurozone Composite Purchasing…
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WTI crude extended its sharp decline for a third consecutive day on Monday, nearly erasing last week’s rally from \$64.99 to \$70.50. The pullback accelerated after multiple failed attempts to break above the \$70.00 level — a key…
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The U.S. dollar index edged slightly higher on Monday morning, recovering modestly after a sharp 1.5% drop on Friday — its largest single-day loss since April 10. The selloff followed weaker-than-expected July nonfarm payrolls data, a…
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