Gold (XAU/USD) comes under notable selling pressure after failing to sustain gains near the $5,100 level overnight, sliding below $4,800 during the Asian session on Thursday. The pullback is largely driven by a firmer US Dollar (USD), which climbs to
The EUR/GBP pair trades modestly higher around the 0.8650 level during the late Asian session on Thursday. The uptick comes as the Pound Sterling underperforms, with traders remaining cautious ahead of the Bank of England’s (BoE) monetary policy announcement scheduled
The Australian Dollar (AUD) edges higher against the US Dollar (USD) on Wednesday, extending gains after rising more than 1% in the previous session. The AUD/USD pair remains supported following stronger-than-expected Chinese Services Purchasing Managers’ Index (PMI) data. China’s Services
The EUR/USD pair trades modestly higher around 1.1830 during early European trading on Wednesday. However, upside momentum may remain capped as investors stay cautious following the swift resolution of a partial US government shutdown. Market attention later in the session
Gold (XAU/USD) extends its recovery from the lowest level since January 6, recorded in the previous session, and climbs back above the $4,900 mark during early European trading on Tuesday. A modest pullback in the US Dollar (USD), which retreats
The Japanese Yen (JPY) maintains a modest upside bias against a slightly weaker US Dollar (USD) during Tuesday’s Asian session, supported by renewed speculation over possible joint currency intervention by Japan and the United States. Comments from Japan’s Finance Minister
Gold (XAU/USD) slides to a fresh three-week low below $4,550 during early European trading on Monday, pressured by renewed profit-taking. The precious metal remains on the back foot after hitting record highs last week, as improving political stability in the
The EUR/USD pair remains subdued around the 1.1850 level during late Asian trading on Monday, extending the losses recorded at the end of last week. The pair continues to face downside pressure as the US Dollar (USD) holds firm following
West Texas Intermediate (WTI), the US crude oil benchmark, is trading near the $64.00 mark during early European hours on Friday. Prices retreat after reaching their highest level since late September, as rising oversupply concerns weigh on market sentiment. Global
The Japanese Yen (JPY) continues to trade on the back foot during Friday’s Asian session. Modest US Dollar (USD) buying, combined with lingering yen weakness, keeps the USD/JPY pair supported near the 154.00 level. Softer Tokyo inflation data has cooled
Silver (XAG/USD) extends its strong upside momentum, climbing close to the $113.50 level during the Asian trading session on Wednesday. The rally in the white metal is driven by persistent economic and geopolitical uncertainties, rising expectations of interest rate cuts,
The EUR/USD pair moves lower toward the 1.1990 region during the early European session on Wednesday, ending a four-day winning streak. The pullback comes after the pair retreated from a fresh five-year high, driven by a modest rebound in the