Gold aims to hold above $5,400 as Middle East tensions drive safe-haven buying
Gold (XAU/USD) climbed to its highest level since late January during Monday’s early European trading, with buyers now attempting to extend gains beyond the $5,400 zone amid a broad flight to safety. Over the weekend, geopolitical tensions in West Asia escalated sharply, unsettling global markets. Reports of coordinated military action involving the United States and […]
EUR/USD trims intraday losses as oil surge offsets safe-haven demand for USD
The EUR/USD pair recovers part of its early decline during Monday’s late Asian session, though it remains down around 0.25% near the 1.1780 level. Earlier in the session, the Euro came under heavy pressure against the US Dollar as investors rushed toward safe-haven assets following escalating tensions involving Iran, Israel, and the United States over […]