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- Gold – bulls pause briefly below the new record high
- Silver hits a new record high, supported by robust safe-haven demand and mounting concerns over supply constraints
- Bitcoin rebounds strongly, recovering over half of its recent sharp decline
- GOLD – Shallow correction from new record high keeps broader bullish trend intact
- Dollar’s upward momentum stalls near a key Fibonacci level, limiting further bullish progress.
- Gold – bulls pause briefly before next assault on the $4000 barrier
- Gold – shallow pullback below new record peak viewed as setup for another push into uncharted territory
- Dollar Index – bears back in charge after recovery falters at key technical hurdles
- EURUSD – pullback from new 2025 high signals positioning for potential acceleration above 1.20
- WTI OIL – renewed upside momentum encounters strong resistance at the base of the thick daily cloud
BTCUSD – Bulls surge past 120K, approaching record highs
BTCUSD broke decisively above the psychological 120K mark on Monday, reaching its highest level in nearly a month at 122,300.
The rebound from the 112K zone—marking both a higher base and the bottom of the pullback from the record…
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BoE Slashes Rates by 25bps as Split Widens Among Policymakers
Bank of England Cuts Rates to 4% Amid Divided Vote
The Bank of England (BoE) lowered its key interest rate by 25 basis points to 4% during its August policy meeting on Thursday, but the decision exposed deep divisions among…
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Gold breaks through a key resistance area amid renewed surge in safe-haven demand
Gold prices climbed on Thursday morning as a new round of US import tariffs came into effect, intensifying global uncertainty and boosting safe-haven demand.
The rally pushed prices through the key \$3400 resistance zone (76.4% Fibonacci…
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EURUSD – Bulls maintain strong control above ascending daily Ichimoku cloud
EURUSD rallied on Wednesday, extending its post-NFP rebound after a brief two-day pause that followed Friday’s sharp surge.
The bullish momentum resumed, lifting the pair to a one-week high and nearing the 61.8% Fibonacci retracement of…
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GBPUSD – Recovery loses momentum ahead of BoE rate decision
Cable edged lower in early European trading on Wednesday, pressured by disappointing UK data, as July’s Construction PMI dropped to its lowest level since 2020. Despite the dip, the pair remains locked within a narrow range for the third…
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Eurozone business activity saw a slight uptick in July – PMI
Economic data released on Tuesday indicated that business activity in the Eurozone picked up slightly in July compared to June, though overall momentum remained subdued due to persistently weak demand.
The Eurozone Composite Purchasing…
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WTI oil extends sharp decline following OPEC+ decision to boost output further
WTI crude extended its sharp decline for a third consecutive day on Monday, nearly erasing last week’s rally from \$64.99 to \$70.50.
The pullback accelerated after multiple failed attempts to break above the \$70.00 level — a key…
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USD INDEX – Bears pause following Friday’s steep decline
The U.S. dollar index edged slightly higher on Monday morning, recovering modestly after a sharp 1.5% drop on Friday — its largest single-day loss since April 10.
The selloff followed weaker-than-expected July nonfarm payrolls data, a…
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A sharp decline in job growth and a rise in unemployment signal a slowdown in the U.S. labor market.
U.S. nonfarm payrolls rose by just 73,000 in July, significantly below the forecast of 110,000 and well under June’s sharply revised figure of 14,000 (down from the initially reported 147,000).
The unemployment rate edged up to 4.2% from…
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Eurozone inflation holds steady at 2% in July
Inflation in the Eurozone held steady at the European Central Bank’s 2% target in July, slightly above the 1.9% forecast, reinforcing the ECB’s more dovish outlook on price pressures.
The stable reading supports the central bank’s…
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