The price of gold (XAUUSD) extended its upside near $2,360 on Monday during early Asian trading, as the rising geopolitical tensions in the Middle East boost safe-haven flows and benefit precious metals.
By Naeem Aslam Investors and traders continue to support riskier assets, while the focus among them is very much on earnings and economic data. The fact that the Dow Jones industrial average
The U.S. dollar-yen pair is trading around 155.30 in European markets on Wednesday, marking a third consecutive day of gains, due to the possibility of the Federal Reserve’s prolonging higher interest rates.
The GBPUSD pair continues its winning streak for the fourth consecutive day, trading around 1.2550 in Asian markets on Monday. The Sterling-Dollar appreciation could be attributed to the recalibrated expectations for the
The Euro-dollar currency pair soared to 1.0800 as the USD weakened Friday, with the greenback facing an intense sell-off as the U.S. Bureau of Labor Statistics reported weak labour demand and slowing wage growth in
The EURUSD pair continues to gain ground on Thursday as the prevailing positive sentiment in the market provides support for risk-sensitive currencies like the Euro. This improved risk appetite could be attributed
West Texas Intermediate (WTI) futures dropped slightly to the crucial support of $85.00 in early trading in European markets on Wednesday. The crude oil price comes under pressure on weak demand outlook
The European currency is under pressure on Tuesday as the Euro trades close to a five-month low against the dollar near the round-level support of 1.0600. The EURUSD currency pair is vulnerable
The EURUSD extended its downside to near five-month low around 1.0660 on Friday, with the major currency pair falling sharply on firm speculation that the European Central bank will begin reducing interest
The EURUSD pair fell further to 1.0720 Thursday after the European Central Bank decided to hold its Main Refinancing Operations Rate steady at 4.5%. The ECB was widely anticipated to keep its
