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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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USDJPY regained upside momentum on Wednesday after dipping to its lowest in nearly a month on Tuesday. The sharp downside rejection created a bear trap below the daily cloud base and formed a Hammer candle, both adding to positive…
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EURUSD extended its pullback in early Wednesday trading after losing nearly 0.5% on Tuesday, though downside momentum was capped despite a bearish engulfing pattern on the daily chart. Solid support emerged at 1.1690 (23.6% retracement…
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Gold climbed to a new record high of \$3659 in early Tuesday trading, extending the sharp 1.5% rally from Monday that drove a decisive break and close above the key psychological \$3600 barrier. Fresh US labor data confirmed that market…
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US nonfarm payrolls delivered a major disappointment in August, with the economy adding only 22,000 jobs compared to an upwardly revised 79,000 in July and far short of expectations for a 75,000 increase. The report also showed…
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WTI oil stays in negative territory for the third straight session, hovering near a two-week low on Friday, pressured by signals that OPEC+ may announce additional production increases at its meeting over the weekend, alongside an…
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