Trending
- Gold trends lower, increasing the risk of a break below the 2026 low
- Inflation heats up again in May, strengthening the case for a cautious Fed stance.
- USD/JPY trades above 160 despite mounting intervention speculation
- Brent oil’s daily cloud support remains under threat following an unsuccessful recovery phase
- Gold may enter a consolidation phase above channel support ahead of another downside attempt
- The dollar index surged to its highest level in nine weeks as investors priced in increased odds of additional Federal Reserve rate hikes and reacted to mounting geopolitical risks
- U.S. hiring remains resilient as NFP logs second straight month of robust job growth
- EUR/USD seeks clear direction to break out of extended sideways consolidation
- USD/JPY pauses below 160 barrier amid intervention threats and BoJ rate Hike signals
- The OECD has warned that escalating conflict in the Middle East could push the global economy into recession and fuel higher inflation.
GBP/USD – Bulls retest the 1.3200 level while monitoring UK data for additional cues
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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Dollar Index — Modest Rebounds Likely Before Renewed Downside Move
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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The safe-haven Swiss franc hits its highest levels in a decade against the US dollar as the trade…
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 surges past $3,200 as trade war tensions intensify
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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March U.S. Inflation Misses Forecasts, But Upside Risks Persist
U.S. inflation eased in March, with consumer prices declining by 0.1% month-over-month, following a 0.2% increase in February. On an annual basis, CPI slowed to 2.4%, down from 2.8% in the previous month and below the market consensus of…
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The S&P surged significantly following the U-turn in tariff policy, but further upside progress…
The S&P 500 edged lower on Thursday after a significant 10.2% rally the previous day, marking its largest daily gain in over a decade.
President Trump’s unexpected decision to delay heavy tariffs on several countries for 90 days…
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EUR/GBP extends its sharp rally for the fifth consecutive session
EUR/GBP remains firmly in an upward trajectory for the fifth straight session, fueled by rising risk aversion amid the escalating trade war. The euro has gained safe haven appeal alongside the yen and Swiss franc, as the dollar continues to…
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USD/JPY slips back into full bearish mode as renewed risk aversion fuels demand for safe-haven…
Bears have regained control, completely erasing the recent rebound from the multi-month low at 144.55. Strong bearish signals are forming on the daily chart, including a double rejection of recovery attempts and a bull-trap above the…
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Oil drops to a four-year low as intensifying trade war deepens market gloom
WTI crude extended losses on Wednesday, plunging to a fresh multi-year low of $56.70—its weakest level since January 2021—as mounting concerns over the global economic outlook continued to pressure oil prices.
The latest blow came from…
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Gold rises above $3000, but downside risks persist.
Gold prices rebounded on Tuesday, climbing back above the key $3000 level and partially easing the bearish signal triggered by Monday’s drop below this critical support, which had raised concerns of a deeper pullback.
The bounce was…
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