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- Gold extends its strong momentum and sets sights on another test of its record high
- EURUSD pushes higher as the post-Fed rally continues to gain momentum
- Fed lowers rates as anticipated, signals pause in further easing
- Silver surged past $60 to a new record high, supported by robust industrial demand and continued safe-haven buying
- Dollar index holds steady in subdued trading ahead of key Fed policy decision
- BTCUSD – recovery gathers pace, shifting attention to key near-term resistance levels
- AUDUSD extends its rally for the eleventh consecutive session
- Cable jumps higher on weaker-than-expected US ADP payrolls
- US private sector payrolls saw a sharp decline in November, according to ADP data
- Eurozone services sector growth strengthened further in November – PMI
WTI crude oil – short-term sentiment has eased following a gap-up opening and a surge to a new…
WTI crude oil retreated swiftly from a fresh six-month high of $77.88, reached after Monday’s gap-higher opening, indicating that traders remain relatively unconcerned about mounting risks of major supply disruptions. Despite the pullback,…
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UK retail sales post steep decline in May
UK retail sales plunged in May, recording the steepest monthly decline in 18 months, as consumer demand softened following a strong April driven by spending on food, summer clothing, and home improvement.
Sales dropped by 2.7% on the…
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Gold extends its decline, pressured by a hawkish Fed stance and a slightly calmer tone in Middle…
Gold slipped below key support at \$3374 on Friday (23.6% Fibonacci retracement of the \$3120–\$3452 rally and rising trendline from the \$3120 low), pressured by a more subdued tone from the Middle East. President Trump’s decision to…
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The Bank of England holds interest rates steady in June
The Bank of England (BoE) held its benchmark interest rate at 4.25% during its June policy meeting, in line with market expectations. The central bank emphasized it is closely monitoring risks tied to a weakening labor market and rising…
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Gold slipped below key support in post-Fed trading but lacked momentum to confirm a decisive…
Gold edged lower on Thursday after testing key support levels at \$3374 and \$3365 (23.6% Fibonacci retracement of the \$3120–\$3452 rally, trendline support, and the 10-day moving average).
Near-term sentiment softened in the wake of…
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The Fed leaves interest rates unchanged, maintaining a cautious stance amid growing economic and…
The Federal Reserve held its benchmark interest rate steady on Wednesday, as widely anticipated. While officials reaffirmed expectations for rate cuts later this year, they signaled a slower pace due to elevated inflation risks and…
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The dollar maintains a firm tone ahead of the Federal Reserve’s policy decision
The dollar index remained steady, trading in a narrow range after three consecutive days of gains, as investors awaited the Federal Reserve’s policy announcement.
Safe-haven flows supported the greenback amid renewed tensions in the…
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The Fed is expected to hold interest rates steady as escalating geopolitical tensions and signs of a…
The Federal Reserve is widely expected to leave interest rates unchanged at its June policy meeting, as officials weigh growing concerns about a slowing economy against the risk of rising inflation, fueled by recent U.S. import tariffs and…
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UK inflation eased in May, but the Bank of England remains focused on risks from rising energy costs
UK inflation rose by 3.4% year-on-year in May, slightly down from April’s 3.5% but above forecasts for a 3.3% increase.
Core CPI, which excludes volatile food and energy prices, eased to 3.5% from 3.8% in April, matching expectations.…
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Cable – Pullback Stabilizes at Key Support Levels Ahead of Fed and BOE Rate Decisions
Cable rebounded from a fresh three-week low at 1.3415, which followed a sharp 1.2% drop on Tuesday triggered by weaker-than-expected UK inflation data for May. A softer U.S. dollar also supported the recovery on Wednesday, as markets turned…
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