Trending
- 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
- USDJPY – break above the daily cloud sparks a renewed bullish signal
- Silver – bulls pause below the key psychological $45 barrier
- Gold hits fresh record highs above $3700
Bank of Japan Lifts Interest Rates for the First Time in 17 Years
After nearly a decade of maintaining negative interest rates, the Bank of Japan (BOJ) has opted for a significant policy shift. This marks a departure from its previous strategy of stimulating economic growth through extensive monetary…
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Gold prices sink below $2,150 ahead of Fed meeting; copper rally cools
Gold prices slipped below the $2,150 mark in Asian trading on Monday, as investors shied away from non-yielding assets ahead of the Federal Reserve meeting later in the week, which is expected to provide further insight into interest rate…
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Oil prices are on the rise as attacks on Russian energy facilities escalate.
Brent crude oil, a key benchmark, edged close to $86 per barrel on Monday, continuing its upward trend from last week. This increase comes as Ukraine intensifies its strikes on Russian energy infrastructure
Futures for Brent crude oil…
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Oil prices are on an upward trajectory, buoyed by an optimistic demand forecast.
The price of WTI oil surged on Thursday, surpassing the significant psychological threshold of $80 and aiming for its first daily close above this mark since November 6th.
Positive sentiment in the near term received a boost…
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GBPUSD maintains a positive outlook ahead of key US data releases.
In early Thursday trading, the Cable is testing above the 1.2800 level, suggesting that the recent shallow correction from its recent 8-month high of 1.2893 may have run its course
The two-day pullback found support around the rising…
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Gold prices fall from record highs, near $2,150 after hot CPI data
Gold prices steadied in Asian trade on Wednesday, but were nursing a tumble from record highs after a strong U.S. inflation reading kept fears of higher-for-longer interest rates in play
The yellow metal was also hit with a degree of…
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Oil higher on strong US demand, Fed policy in focus
Oil prices surged on Wednesday, buoyed by robust global demand projections, particularly from the United States, the world's leading consumer of oil. Despite lingering concerns about inflation in the U.S., market sentiment remained largely…
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