WTI Price Forecast: Holding Steady Around $64.00, Bulls Retain Control
West Texas Intermediate (WTI) crude oil prices are consolidating near the $64.00 mark in Wednesday’s Asian session after three days of recovery gains. The commodity remains supported by concerns over potential Russian supply disruptions. Technical Outlook From a chart perspective, Tuesday’s breakout above a short-term ascending trend channel—formed from this month’s multi-month low—has strengthened the […]
Gold eases as risk appetite improves and USD ticks higher, focus shifts to US CPI
Gold (XAU/USD) faced mild selling pressure in Asian trading on Thursday, retracing part of the prior session’s gains. The retreat was driven by upbeat sentiment across global equities and a modest uptick in the US Dollar (USD), which together limited demand for the safe-haven metal. That said, expectations of a Federal Reserve (Fed) rate cut […]
WTI steadies near $63.50 as Russia-Ukraine peace prospects dim
West Texas Intermediate (WTI) crude oil traded flat on Friday, hovering around $63.40 during Asian hours, after two consecutive days of gains. Prices remained steady as optimism over an immediate Russia-Ukraine peace settlement continued to fade, keeping risk premiums intact. According to Reuters, analysts at ING noted, “It’s proving difficult to arrange a Putin-Zelenskyy summit, […]
Gold rebounds from two-week low ahead of Trump–Zelensky talks
Gold (XAU/USD) bounced back from a two-week low near the $3,324 region in early Asian trading on Monday, climbing to fresh daily highs. The recovery was supported by growing conviction that the U.S. Federal Reserve will resume rate cuts in September, weighing on Treasury yields and lending support to the safe-haven metal. Repositioning ahead of […]
EUR/USD Holds Above 1.1650, Rebounds After Thursday’s Losses
EUR/USD is recovering during Friday’s Asian session, trading near 1.1660 after rebounding from a near 0.5% drop in the previous session. The pair is benefiting from a softer US Dollar (USD) as markets increase bets on a September interest rate cut by the Federal Reserve (Fed). According to CME’s FedWatch Tool, traders are now pricing […]
Japanese Yen Strengthens on Robust GDP Data, Pressures USD/JPY
The Japanese Yen (JPY) extended gains on Friday, supported by stronger-than-expected domestic GDP figures and broad US Dollar (USD) weakness. Data from Japan’s Cabinet Office showed the economy grew 0.3% in Q2 2025, translating to a 1.0% annualized expansion. This beat market expectations of 0.4% and followed a 0.2% contraction in Q1, reinforcing expectations that […]
EUR/USD Holds Near 1.1650 as Fed Rate Cut Bets Rise and ECB Maintains Policy Pause
The EUR/USD pair remains steady around the 1.1660 mark in Friday’s Asian session, following three consecutive days of gains. The Euro could see further upside as the US Dollar (USD) weakens amid growing expectations of a Federal Reserve rate cut in September. According to the CME FedWatch tool, markets now price in a 93% chance […]
Gold Pulls Back from One-Week High as Dollar Rebounds; Fed September Rate Cut Bets Provide Support
Gold prices (XAU/USD) slipped from the $3,369 mark—a level last seen over a week ago—during Monday’s Asian session, pausing a steady recovery from last week’s one-month low. The retreat comes as the US Dollar regains modest footing at the start of the week, supported by a small rebound in Treasury yields. This limited appetite for […]
Gold Price Rebounds from One-Month Low, Holds Above 100-Day SMA as USD Rally Stalls Post-Fed
Gold (XAU/USD) found renewed buying interest during Thursday’s Asian session, recovering slightly from the sharp decline seen after the Federal Reserve’s hawkish stance pushed it to a one-month low. The yellow metal is supported by a pause in the US Dollar’s (USD) rally, following its rise to a two-month high. The rebound comes as traders […]
US Dollar Index slips below 99.00 ahead of key Fed policy decision
The US Dollar Index (DXY), which tracks the greenback against a basket of six major currencies, is trading around 98.80 during Wednesday’s Asian session, snapping a four-day winning streak. Investors are exercising caution ahead of the US Federal Reserve’s (Fed) interest rate decision later in the North American session. Markets widely expect the Fed to […]
Australian Dollar Extends Losses Amid Cautious Market Tone; Focus Shifts to Key Data and Trade Talks
The Australian Dollar (AUD) continued its downward trend against the US Dollar (USD) on Monday, marking a third straight session of losses. However, AUD/USD saw a brief uptick following the announcement of a new trade agreement between the United States and the European Union (EU). Market participants are closely monitoring the scheduled meeting between US […]
EUR/USD Price Outlook: Bullish Tone Intact Above 1.1700 and 100-SMA (H4)
EUR/USD started the week on a firm footing, rising toward the 1.1770 level during the Asian session amid renewed optimism surrounding a potential US-EU trade agreement. However, the pair is struggling to build on this momentum as traders remain cautious ahead of the two-day FOMC meeting beginning Tuesday and key U.S. economic data due later […]
Gold Slides Below $3,380 as Trade Optimism Dampens Safe-Haven Demand; Weaker USD Cushions Decline
Gold (XAU/USD) continues to face selling pressure for a second straight session on Thursday, falling below the $3,380 mark during the Asian trading hours. The pullback is largely attributed to a decline in safe-haven demand as optimism grows around global trade developments. Markets are responding positively to news of a finalized trade agreement between the […]
WTI Drops Below $65.50 as Demand Fears Weigh on Oil Markets
West Texas Intermediate (WTI) crude slipped to around $65.40 during early Asian trading on Wednesday, as renewed concerns over global oil demand and trade tensions put pressure on prices. The latest decline comes amid mounting anxiety over US President Trump’s tariff strategy, which investors fear could dampen global economic growth and reduce fuel consumption. Markets […]
Gold Hovers Below $3,400 as Trade Tensions and Fed Drama Fuel Uncertainty
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 by US President Donald Trump. The spotlight remains on the ongoing trade talks between the […]
Ishiba’s Tariff Misstep and Japan’s Political Uncertainty
Shigeru Ishiba’s rise to power felt more like a sentiment-driven market surge than a carefully calculated political ascent. Thrust into Japan’s leadership amid internal party turmoil, his tenure quickly drew comparisons to a speculative rally — exciting at first, but ultimately lacking staying power. Now, as the upper house election approaches, Ishiba faces a defining […]
EUR/USD Breaks Above 1.1600 as Dovish Fed Comments Ease Risk Aversion
The EUR/USD pair rebounded sharply on Friday during the Asian session, climbing above the 1.1600 mark to trade around 1.1630. The recovery follows a decline in the previous session and comes amid a softer US Dollar (USD) driven by easing risk sentiment and dovish commentary from several Federal Reserve (Fed) officials. San Francisco Fed President […]
Gold Price Stuck in Tight Range as Traders Weigh Mixed Fed Signals and Trump Trade Uncertainty
Gold (XAU/USD) is trading sideways in a narrow range on Friday during the Asian session, unable to build on Thursday’s rebound from near $2,309—a one-week low. The US Dollar has pulled back slightly from its recent highs, following dovish comments from Federal Reserve Governor Christopher Waller, offering mild support to the yellow metal. However, concerns […]