The dollar regained momentum on Tuesday following the previous session’s sharp decline, as the Dollar Index once again tested the key resistance zone at 99.20/30, marked by the 61.8% Fibonacci retracement of the 100.48/97.40 decline and the top of the daily Ichimoku cloud, where rallies had repeatedly stalled over the past two sessions. Ongoing…

Brent crude surged to a two-week high in early Monday trading, building on last week’s 4.5% rally as escalating tensions in the Middle East and diminishing hopes for a peace agreement continued to support oil prices following the latest attack on a nuclear facility in the UAE. The latest bullish extension from the May 7 higher low at $96.09…

Gold remains under pressure for a second straight session, weighed down by a stronger dollar amid rising uncertainty in the Middle East and fading expectations for potential Federal Reserve rate cuts, after both US consumer and producer inflation accelerated notably in April. The fundamental backdrop remains mixed. The Fed is increasingly…

USDJPY extended its rally into a third consecutive session, supported by growing geopolitical uncertainty after Middle East peace talks stalled, which reinforced demand for the dollar as a safe-haven asset. Additional support came from the latest rise in US inflation, which strengthened expectations that the Federal Reserve will maintain a hawkish…

Cable dropped around 0.8% on Tuesday as the political crisis in the UK deepened, after several lawmakers called on Prime Minister Keir Starmer to resign following heavy losses suffered by the Labour Party in the latest local elections. Sterling weakened alongside UK equities, while long-dated British borrowing costs climbed to their highest…

Bitcoin continues to hold above the 80K threshold, maintaining a positive near-term bias, while the broader bullish trend remains intact as the cryptocurrency continues to move within an ascending channel from the March 30 higher low. The latest recovery wave from 79136, the correction low posted on May 8, remains stable, although upside…

Brent crude remained firmly in the red on Thursday, extending its weakness after plunging 10% on Wednesday and closing the session with a 5.5% loss. Rising optimism over a potential US–Iran peace agreement continued to weigh on sentiment, keeping oil under pressure for a third consecutive day. Sellers again tested key support levels at…

The US dollar came under renewed pressure on Wednesday after a fresh wave of optimism over a potential end to the US-Iran conflict reduced safe-haven demand. The US Dollar Index slipped to a three-week low as it once again tested a key trendline support around $97.85, with multiple recent attempts failing to produce a decisive breakdown. This…