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- 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.
Bitcoin struggles to regain momentum after being impacted by risk aversion, dropping to its lowest…
Bitcoin rebounded on Monday from a fresh five-month low, following broader risk-off sentiment driven by concerns over the impact of new tariffs, which also pressured the crypto market.
The rebound pushed the price above the key…
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Nasdaq – Bears pause after nearly 10% drop last week
The Nasdaq is consolidating above a fresh multi-month low at 16,463 — its lowest level since January 2024 — after suffering steep losses over the last three sessions and a nearly 10% drop for the week.
Some partial profit-taking amid…
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The S&P 500 opened with a gap lower, but bears may take a pause for consolidation following…
The S&P 500 opened with a full-point gap lower on Monday, hitting its lowest levels since mid-January 2024, continuing the decline from last week’s 8.75% drop.
This sharp drop came after President Trump announced tariffs on all…
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Gold – Key $3000 Level Holds the Spotlight as Market Awaits Clear Directional Cues
Gold slipped below $3000, touching a three-week low in early Monday trading, extending the pullback from the recent all-time high seen over the past two sessions.
The sharp decline took markets by surprise, as gold would typically gain…
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WTI Crude – Bears Maintain Control Following Sharp Two-Day Selloff
WTI crude oil prices extended their sharp decline for a second consecutive day on Friday, plunging to their lowest levels since December 2021. The downturn was triggered by U.S. tariffs that rattled global markets and dampened investor…
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AUD/USD was the biggest decliner during Friday’s Asian and early European trading sessions.
AUDUSD was sharply down during Asian / early European sessions on Friday, falling over 2% so far and being the top loser of the day.
The Ausie dollar remains under strong pressure from risk aversion that continue to weaken stocks and…
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Dollar drops nearly 2% in an unusual response to US tariffs
The dollar saw a sharp decline across the board on Thursday, hit hard by the latest sweeping import tariffs announced by President Trump on Wednesday.
The dollar index plunged to a six-month low, accelerating downward and losing nearly…
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USD/JPY tests the lower boundary of its near-term range ahead of tariff announcement
USD/JPY remains under pressure on Wednesday, extending its decline below the 150 level, which has turned into a solid resistance zone after three failed attempts to break higher.
Fresh weakness is testing the 20DMA (149.06), a key…
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WTI oil prices consolidate just below a new multi-week high, as traders await President Trump’s…
WTI oil prices are trading just below a new five-week high of $72.08, reached on Tuesday, after a 2.8% rally on Monday, the largest daily gain since January 15.
The slight pullback observed so far appears to be more of a consolidation…
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Gold holds steady near its record high as markets await the announcement of new US tariffs
Gold prices remain strong, holding above $3100 for the second consecutive day after reaching a new all-time high of $3149 on Tuesday.
Persistent safe-haven demand, fueled by heightened economic and geopolitical uncertainties, continues…
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