The dollar index strengthened on Wednesday, hitting a weekly high and showing resilience despite renewed political turmoil at the Federal Reserve following President Trump’s dismissal of Governor Cook. Fresh upside momentum brought the index back to test the falling 100DMA at 98.60. A decisive break above this level, along with the nearby lower…

BTC/USD is consolidating after a sharp three-day selloff of more than 6%, largely driven by heavy institutional selling. The pair briefly rebounded from a six-week low earlier today, though the upside remains limited, highlighting persistent downside pressure. The latest decline broke through key support levels at 111370 (50% retracement of the…

Gold climbed to a two-week high on Tuesday, lifted by a fresh wave of risk aversion after President Trump’s decision to dismiss Fed Governor Cook deepened market uncertainty. The move underscores Trump’s renewed tensions with US policymakers, following his earlier but unsuccessful campaign to remove Fed Chair Powell. While that effort was…

BTC/USD extended losses for a third consecutive session on Monday, retesting key supports at 11370 (100DMA / 50% retracement of 98182–124558) and 11072 (daily Ichimoku cloud base), after erasing Friday’s post-Powell rally and sliding to its lowest level since July 9. Bitcoin surged over 4% on Friday—its biggest daily gain since Mar 2—after Fed…

WTI crude extended its recovery into a fourth consecutive session, gaining fresh momentum on Monday after renewed supply concerns emerged following Ukrainian attacks on Russian oil facilities. Rising geopolitical tensions and bleak prospects for peace talks remain the primary drivers of oil prices, though the rally could face headwinds if…

The dollar index steadied on Monday after nearly a 1% slide on Friday, its sharpest daily drop since Aug 1, triggered by unexpectedly dovish remarks from Fed Chair Powell at the Jackson Hole symposium. The greenback tumbled as Powell highlighted significant labor market weakness and downplayed inflation as a temporary issue, fueling expectations…

USD/JPY edged higher in early Monday trade, recovering part of Friday’s nearly 1% drop that followed dovish remarks from Fed Chair Powell. Friday’s losses were cushioned by the rising 55-day moving average at 146.60, which has been tracking the pair’s uptrend since early July, along with support from the top of the ascending daily Ichimoku cloud,…

The dollar index advanced to a three-week high on Friday, extending recent strength as shifting expectations around Federal Reserve policy continued to support the US currency. Earlier signals of deeper policy easing—sparked by weaker July labor data and sharp downward revisions to prior months—were overshadowed by the latest inflation figures,…