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Gold Stays Under Pressure Amid Uncertain Geopolitical Outlook Gold extended its losses for a second consecutive session on Wednesday, hovering near the bottom of a seven-day trading range around…
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The rebound, supported by a higher base around the 1.1660 area, has extended into a second consecutive session and broken through the key resistance at 1.1745—the upper boundary of the daily Ichimoku cloud. A…
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WTI crude oil prices surged on Monday, with markets reacting sharply to the breakdown of weekend peace talks between the United States and Iran, which reignited geopolitical risk across energy markets. The contract opened…
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The pair slid by a full big figure and printed the lowest level in nearly a month after the Reserve Bank of New Zealand delivered a widely expected 25 basis point rate cut, while simultaneously signaling a pause, a shift that provided…
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The British pound extended its sharp decline for the fourth consecutive session, breaking below key support levels around the 1.3140 zone, which represents the 38.2% Fibonacci retracement of the 1.2099–1.3788 rally and the former higher…
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WTI crude oil extended losses on Friday, heading for a third consecutive weekly decline and marking a second straight week of closing below the $60 threshold. The market remains weighed by a gloomy demand outlook, amplified by the…
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Gold extended its record-setting rally on Friday, surging to $4380 in early trading after jumping 2.8% on Thursday and closing above $4300. The move marked the fastest advance between two major round-figure levels in just one session,…
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Gold price holds below the $4000 mark for the second straight day, as traders booked profits following the metal’s surge through the psychological barrier and the new record high at $4059 on Wednesday. The overbought daily indicators and…
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The dollar index remained firm on Thursday, holding near a nine-week high and heading for its strongest weekly performance in several months. The greenback’s strength in recent sessions has been underpinned by a sharp decline in the…
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Bank of England Cuts Rates to 4% Amid Divided Vote The Bank of England (BoE) lowered its key interest rate by 25 basis points to 4% during its August policy meeting on Thursday, but the decision exposed deep divisions among…
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