Trending
- Japan’s Inflation Accelerates in March, Increasing Pressure on the BOJ
- Crude Oil – Solid Weekly Rally Signals Rebound, but Weak Demand Outlook Weighs on Sentiment
- Dollar Index – Tight consolidation expected before fresh drop, with 100 level acting as key barrier
- China’s GDP expanded more than expected in the first quarter, offering a stronger-than-anticipated start to the year, even as markets brace for the economic impact of newly imposed U.S. tariffs
- Gold surges to a fresh all-time high, breaking above $3300
- AUDUSD extends its rally for a fifth consecutive session, approaching key resistance levels
- German investor sentiment dropped in April at its sharpest rate since early 2022, according to the latest ZEW survey
- GBP/USD – Bulls retest the 1.3200 level while monitoring UK data for additional cues
- Dollar Index — Modest Rebounds Likely Before Renewed Downside Move
- The safe-haven Swiss franc hits its highest levels in a decade against the US dollar as the trade war escalates
Gold prices increase, poised for weekly gains after soft US labor data pressures yields
Gold prices climbed in Asian trading on Friday, continuing their upward trend from the previous session as signs of a cooling U.S. labor market impacted the dollar and Treasury yields, boosting the appeal of gold.
The precious metal was…
Read More...
Read More...
Gold Prices Remain Steady Amid Awaited U.S. Economic Data
Gold prices have remained stable in recent weeks after a sharp drop last month due to concerns about a potential escalation in the Middle East conflict. Today, XAU/USD held its position as investors anticipated…
Read More...
Read More...
Oil rebounds on US crude stock drawdown and increase in Chinese imports
Oil prices climbed on Thursday as the decline in U.S. crude inventories and increased Chinese imports fueled optimism for demand growth in the world's two largest crude-consuming countries.
Brent crude futures…
Read More...
Read More...
Crude oil prices continued to decline due to increasing worries about demand
WTI oil prices declined early on Wednesday as the unexpected increase in US crude inventories heightened concerns about weakening demand.
This fresh downturn fell below the base of the rising daily Ichimoku cloud and broke through pivot…
Read More...
Read More...
GBPUSD trading decelerates as markets await the Bank of England’s policy decision on Thursday
Cable remains in a narrow trading range on Tuesday as traders await new signals from this week's key economic event for sterling: the Bank of England's monetary policy meeting on Thursday.
Today's data, including UK construction PMI…
Read More...
Read More...
The Reserve Bank of Australia keeps interest rates at a multi-year high, though its approach is less…
The Reserve Bank of Australia maintained interest rates at a 12-year high of 4.35% following its two-day May policy meeting, surprising the markets with a less aggressive stance than anticipated, as many expected signals of another rate…
Read More...
Read More...
US job growth in April fell short of expectations, slowing down more than anticipated
US job growth in April showed a slower pace of hiring, with nonfarm payrolls rising by 175,000, compared to a revised higher figure for March. Though this number fell short of expectations, it still points to a relatively tight labor…
Read More...
Read More...
Crude oil is set to close the week down by more than 5%, pressured by worries about demand
WTI oil prices are consolidating for the second consecutive day after a sharp drop earlier in the week but maintain a strong bearish outlook below the key $80 level.
Oil is on track for its largest weekly…
Read More...
Read More...
EUR/USD – Bulls maintain their hold and continue to challenge key resistance levels; traders…
The Euro maintains a firm stance, marking its third consecutive day of gains and putting pressure on key resistance at the 1.0750 zone (50% retracement of the 1.0885/1.0601 range and daily Kijun-sen).
A…
Read More...
Read More...
Eurozone factory activity declined further in April, according to PMI data
The recent report on eurozone manufacturing activity presents a mixed scenario, with overall conditions declining despite some areas showing signs of improvement.
In April, manufacturing activity across the eurozone decreased further due…
Read More...
Read More...