Gold extended its rally for a sixth straight session on Tuesday, marking a fresh record high during the Asian session as investors continued to price in a Federal Reserve rate cut this month. Softer policy expectations, alongside lingering tariff uncertainty
The GBP/JPY pair reclaimed the key 200.00 mark during Tuesday’s Asian session, supported by broad Japanese Yen (JPY) underperformance as doubts grow over the Bank of Japan’s (BoJ) next policy move. Concerns about Japan’s domestic economy continue to weigh on
West Texas Intermediate (WTI) crude oil traded around $63.95 in early European hours on Monday, recovering some losses as optimism over a Federal Reserve (Fed) rate cut balanced pressure from fresh US tariffs on Indian imports. Market participants now await
The AUD/USD pair surged to around 0.6560 in Monday’s European session, supported by broad weakness in the US Dollar (USD). The Greenback continues to lose ground as markets increasingly expect the Federal Reserve (Fed) to cut interest rates at its
Gold (XAU/USD) edged lower during early European trading hours on Friday, retreating from a five-week high near $3,425 reached in the prior session. The decline comes amid profit-taking and a firmer US Dollar (USD), supported by upbeat US economic data.
EUR/USD extends its decline for a fourth consecutive session, trading near 1.1660 during Asian hours on Friday. Investors are awaiting Germany’s July Retail Sales and the flash Consumer Price Index (CPI) report for August later in the day. Attention will
West Texas Intermediate (WTI) crude is trading near $63.40 per barrel in Thursday’s Asian session, paring back gains from the previous day. Oil prices eased as traders assessed softening United State fuel demand with the summer driving season nearing its
The NZD/USD pair is trading steadily around 0.5860 during Thursday’s early Asian session. Market sentiment remains cautious as concerns grow over the US Federal Reserve’s (Fed) independence following President Donald Trump’s decision to remove Fed Governor Lisa Cook on allegations
Gold (XAU/USD) remains on the back foot during early European hours on Wednesday, retreating from a two-week high near $3,395. The pullback comes as traders book profits and the US Dollar stages a modest rebound. That said, downside risks for
GBP/USD pulls back in Asian trading on Wednesday, hovering near 1.3450 after giving up part of the previous session’s gains. Despite the dip, the Pound Sterling (GBP) retains underlying support as fading expectations for further Bank of England (BoE) rate
The Australian Dollar (AUD) slipped for a second straight session on Tuesday, trading near 0.6480 against the US Dollar (USD). The AUD/USD pair remains subdued after US President Donald Trump threatened to impose a 200% tariff on Chinese goods if
The USD/CAD pair is trading cautiously around 1.3850 on Tuesday, with the Canadian Dollar (CAD) showing modest resilience against the US Dollar (USD). The move comes after US President Donald Trump dismissed Federal Reserve (Fed) Governor Lisa Cook over allegations