European Central Bank (ECB) policymaker Robert Holzmann said on Thursday, “the Euro’s importance as a global currency is set to increase.” Further comments Frequent shifts…
WTI set for weekly gains due to renewed optimism over US-China trade deal, but upside capped by supply concerns. The initial US-China trade agreement helped…
Brent Crude trades above $65 per barrel, gaining over 2% in Monday’s session US–China 90-day tariff suspension underpins risk-on sentiment Market focus shifts to Tuesday’s…
The US Dollar holds steady as global trade negotiations remain in focus. The PBoC continues Gold purchases, signaling long-term interest. Chinese Copper production expands, reducing…
Today’s Gold Analysis Overview: Overall Trend for Gold: Bullish. Today’s Gold Support Levels: $3360 – $3320 – $3280 per ounce. Today’s Gold Resistance Levels: $3430…
WTI price advances even as global supply concerns mount after OPEC+ moves to accelerate production hikes. The OPEC+ has pledged an additional 411,000 barrels per…
AUD/JPY faces headwinds as the Japanese Yen rises due to rising global trade uncertainties, boosting safe-haven demand. Markets are closely watching US-Japan bilateral trade talks,…
The Pound Sterling recovers to near 1.3330 against the US Dollar as the latter struggles to extend recovery. US-China trade uncertainty will likely keep investors…
The AUD/USD pair trades higher around 0.6400, up 0.26% on the day. US GDP data misses expectations, showing a contraction of 0.3% in Q1 2025.…
WTI price depreciates amid mounting concerns over slowing global economic growth and weakening fuel demand. WTI is set for a monthly drop of over 15%,…