West Texas Intermediate (WTI) rebounded on Friday, recovering from a fresh 12-week low set early in the day at $76.03. The benchmark US crude remains down on the week, in the red
By Naeem Aslam Gold prices flirted with important price points this week as traders increased their bets that the Federal Reserve has less exercise to keep interest rates at ultra-high levels. The
The USDJPY pair extended its recovery to 156.00 in Friday’s European trading, as the Dollar rebounded strongly after the Fed ruled out expectations of rate cuts, despite an expected decline in the
Markets are busy wishful thinking about the Federal Reserve cutting interest rates after U.S. inflation eased slightly in April, and they are ignoring the facts, warned the CEO of a leading independent
The GBPUSD pair extended its upside near 1.2688 during early Asian trading on Thursday, supported by a weaker Greenback after the release of softer US CPI inflation data. Later in the day,
The USDJPY pair dropped sharply to 155.50 in early European trading on Wednesday, as the US Dollar extends its losing spell for the third trading session. The DXY Dollar Index has dropped
GBPUSD is hovering around 1.2560 in Asian trading on Tuesday following the improved risk appetite. The Pound Sterling received support from higher-than-anticipated UK Gross Domestic Product (GDP) figures released on Friday. The
The US and European stock market rallies will continue, despite the US central bank perhaps not cutting rates at all until 2025, according to the CEO of a leading independent financial advisory
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.
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.
