Gold price (XAU/USD) gains some positive traction during the Asian session on Thursday and recovers a part of the previous day’s hawkish Federal Reserve (Fed)-inspired slump to a one-month low. In fact, Fed Chair Jerome Powell showed no preference for
The US Dollar (USD) is holding steady against major currencies on Tuesday after Monday’s strong rally. Traders are now shifting their focus to key US economic releases, including July’s Consumer Confidence report, June’s JOLTS Job Openings, and Goods Trade Balance
The EUR/USD pair extended its decline on Monday, with the Euro failing to gain traction despite news of a trade agreement between the European Union (EU) and the United States (US). The pair opened the week under pressure, continuing the
The US Dollar Index (DXY), which tracks the performance of the greenback against a basket of six major currencies, is holding firm around 97.20 during Thursday’s European session. This comes after four consecutive days of losses, as markets await fresh
West Texas Intermediate (WTI) crude oil prices slipped below the $65.50 mark during Wednesday’s early Asian session, trading near $65.40. The downturn comes amid renewed concerns over global oil demand, driven by escalating trade tensions, and expectations of increasing global
Gold (XAU/USD) slipped slightly on Tuesday after posting gains over the past two sessions. Despite the pullback, the precious metal remains supported by heightened geopolitical and monetary concerns, particularly as markets brace for the looming August 1 tariff deadline set
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