Ahmad Elbasioni 472 posts 0 comments

The Personal Consumption Expenditures (PCE) Price Index, the Federal Reserve’s preferred gauge of inflation, increased by 0.2% m/m in July, easing from a 0.3% gain in June and in line with forecasts. On an annualized basis, the PCE Price…
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Gold held a firm tone on Thursday, breaking through the critical $3400 resistance zone (psychological / Aug 8 peak) and trading at its highest level in nearly three weeks. Bullish momentum is being fueled by heightened uncertainty…
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The dollar index strengthened on Wednesday, hitting a weekly high and showing resilience despite renewed political turmoil at the Federal Reserve following President Trump’s dismissal of Governor Cook. Fresh upside momentum brought the…
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BTC/USD is consolidating after a sharp three-day selloff of more than 6%, largely driven by heavy institutional selling. The pair briefly rebounded from a six-week low earlier today, though the upside remains limited, highlighting…
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Gold climbed to a two-week high on Tuesday, lifted by a fresh wave of risk aversion after President Trump’s decision to dismiss Fed Governor Cook deepened market uncertainty. The move underscores Trump’s renewed tensions with US…
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BTC/USD extended losses for a third consecutive session on Monday, retesting key supports at 11370 (100DMA / 50% retracement of 98182–124558) and 11072 (daily Ichimoku cloud base), after erasing Friday’s post-Powell rally and sliding to its…
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WTI crude extended its recovery into a fourth consecutive session, gaining fresh momentum on Monday after renewed supply concerns emerged following Ukrainian attacks on Russian oil facilities. Rising geopolitical tensions and bleak…
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The dollar index steadied on Monday after nearly a 1% slide on Friday, its sharpest daily drop since Aug 1, triggered by unexpectedly dovish remarks from Fed Chair Powell at the Jackson Hole symposium. The greenback tumbled as Powell…
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USD/JPY edged higher in early Monday trade, recovering part of Friday’s nearly 1% drop that followed dovish remarks from Fed Chair Powell. Friday’s losses were cushioned by the rising 55-day moving average at 146.60, which has been…
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Germany’s economy contracted by 0.3% in the second quarter of 2025 compared with the previous three months, according to revised figures released by the federal statistics office on Friday. The new data showed a sharper decline than the…
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