Trending
- Bitcoin sees intensified selling pressure after breaking important supports.
- Gold weakens further on unstable geopolitical backdrop
- Risk appetite improves on US–Iran talks optimism, weighing on the dollar
- Brent Falls Below $100 on US–Iran Talks Optimism
- British retail sales post a strong decline in April
- Eurozone PMI points to moderating economic expansion in May
- Gold bears pause near key support zone, though downside pressure persists as geopolitics stay in focus.
- Britain’s inflation rate cools unexpectedly in April
- Dollar Index retests key resistance levels following a period of consolidation.
- Brent crude reaches a two-week peak but encounters stiff resistance near the $110 area.
US services activity slows in April, PMI indicates softer growth
US services sector growth slowed for a second straight month in April, as softer demand and sustained cost pressures weighed on activity, according to a survey released Tuesday by the Institute for Supply Management.
The ISM…
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Brent extends gains on rising Middle East tensions, reinforcing disruption fears in oil markets
Brent oil surged on Monday as tensions in the Middle East intensified, following the US announcement of an operation to reopen the Strait of Hormuz, while Iran reported striking a US warship attempting to enter the strait.
Amid the…
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Gold weakens further, with sellers dominating below the falling daily cloud resistance
Gold opened the week on the back foot, dropping around 1.8% by mid-European trading on Monday, as mounting inflation concerns pushed major central banks toward a more hawkish stance, even as they left interest rates unchanged at last week’s…
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EUR/USD – Recovery gains momentum, breaks above daily cloud top; 20/200 DMA bullish crossover…
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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British Inflation Surpasses Expectations Amid War-Driven Energy Price Shock
Inflation in Great Britain accelerated to 3.3% year-on-year in March from 3.0% in February, matching expectations, while monthly inflation rose 0.7%, above the previous month’s 0.4% increase and ahead of forecasts for a 0.6% gain.
Core…
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Dollar Index Holds Within Extended Range as Investors Await Fresh Directional Signals
The dollar was firmer during Asian and European trading on Tuesday, partially recovering Monday’s 0.36% decline, though near-term price action remains confined within the recent congestion range of $97.40/$98.22 as investors await fresh…
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WTI Oil Remains Under Bearish Pressure Below the $90 Barrier
WTI oil opened $5 higher on Monday and surged more than 6% in early trading, after the “Trump Indicator” — one of the market’s main fundamental drivers at present — reversed course over the weekend amid renewed tensions surrounding the…
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Gold price slips as rising tensions and firmer dollar weigh, while range holds
Gold opened sharply lower on Monday, gapping down and falling roughly $150 from Friday’s high, as market sentiment shifted again following weekend escalation that resulted in the closure of the Strait of Hormuz.
The renewed deterioration…
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Brent oil drops 10% after Iran reopens the Strait of Hormuz
Crude oil prices fell sharply on Friday after the Iranian government announced that the Strait of Hormuz had been reopened to all commercial shipping.
Brent crude dropped by around 10% immediately following the statement during early…
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EURUSD reaches pre-war highs, supported by rising market optimism
The euro rallied to a fresh two-month high on Friday, as bulls regained momentum after an eight-day advance paused in the previous two sessions with narrow consolidation.
Continued weakness in the dollar helped sustain risk appetite and…
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