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WTI crude marked its second consecutive weekly gain, rising 3.3% this week, buoyed by growing optimism over easing trade tensions between the United States and the European Union, the prospect of a possible deal, fresh U.S. sanctions on…
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The dollar index remains stuck in a narrow consolidation just above fresh multi-month lows, extending its sideways movement into a fifth consecutive session. Larger bearish momentum is taking a breather following a steep two-week slide,…
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China’s economy expanded at a faster-than-expected pace in the first quarter, supported by strong industrial output and resilient consumer spending, which together drove upbeat early-year performance. Gross domestic product rose 5.4%…
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Gold surged past the key psychological barrier at $3300, setting a new record high on Wednesday morning, as escalating tensions in the US-China trade war triggered a renewed rush into safe-haven assets, with additional support coming from a…
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AUDUSD extended its strong rally into a fifth consecutive session on Tuesday, reaching a two-week high, as continued weakness in the US dollar and firmer commodity prices provided solid support for the Aussie dollar. The technical…
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Data released Tuesday by the ZEW economic research institute showed a sharp drop in German investor sentiment, with the index falling to -14 in April from 51.6 the previous month — far below expectations for a rise to 10.6. This marks…
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Cable remains firmly supported at the start of the week, extending its strong rally into a fifth straight session. Bulls are once again testing the 1.3200 barrier — a level last breached with a brief, failed breakout on April 3 — though…
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The dollar edged modestly higher on Monday as broader bearish momentum showed signs of fatigue following last week’s sharp losses. A weekly close below the key psychological 100.00 level — which also aligns with the 61.8% Fibonacci…
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USDCHF dropped to its lowest level in ten years on Friday, as the safe-haven Swiss franc benefited from a strong influx into safe assets due to the escalating US-China trade war. The 1.7% decline on Friday, which followed a nearly 4%…
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Gold soared above $3,200 on Friday, setting multiple record highs as demand for safe haven assets surged amid escalating trade war tensions and a weakening dollar. The sharp rally was sparked by President Trump's decision to pause…
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