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Cable remains in a steep decline from last Wednesday’s 2½-month high at 1.3725, having already retraced more than 61.8% of the 1.3333/1.3725 rally and broken through the next key support at 1.3465, marked by the daily cloud top. The…
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USDJPY regained momentum, bouncing near Thursday’s one-week high after the Bank of Japan kept rates unchanged but signaled the possibility of earlier-than-expected hikes, which briefly strengthened the yen. The sharp rebound over the…
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Gold regained momentum on Thursday, rebounding by nearly \$40 after the pullback from its new record high of \$3707 found support in the \$3630 area. Prices initially spiked above \$3700 following the FOMC decision but quickly reversed…
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Bears paused above a fresh 11-week low on Wednesday, as markets awaited the outcome of the Fed’s two-day policy meeting. The dollar index extended its downtrend from the early August peak around the 100 zone, remaining within the broader…
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EURUSD extended its advance on Tuesday, benefiting from persistent dollar weakness and accelerating to fresh 2025 highs, despite a brief and shallow dip following stronger-than-expected US retail sales and industrial production figures.…
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Gold climbed to fresh record highs in late Monday and early Tuesday trading, as bullish momentum returned following a four-day consolidation. The latest weakness in the US dollar ahead of Wednesday’s Fed decision, where a 25-basis point…
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AUDUSD held a firm tone on Monday, trading just below a new 2025 high at 0.6668, extending momentum from last week’s 1.4% rally, its strongest weekly advance since mid-June. The Australian dollar drew solid support from a weaker US…
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Britain’s economy stagnated in July, with growth flat after a sharp decline in factory output. The figures aligned with expectations for a softer start to the second half of 2025, though they proved disappointing for the government ahead of…
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Gold prices traded in a tight consolidation below a fresh record high on Thursday, slowing momentum ahead of the release of US inflation data. Expectations point to higher US consumer prices in August, largely driven by import tariffs,…
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US Producer Price Index slipped by 0.1% in August, following a downwardly revised 0.7% rise in July (from 0.9%), defying expectations for a 0.3% increase. On an annual basis, PPI rose 2.6%, missing both the 3.3% forecast and July’s…
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