The Euro appreciates further on a positive ECB Lending Survey and a softer US Dollar. The US Dollar has lost momentum on growing concerns about…
Bullish view Buy the AUD/USD pair and set a take-profit at 0.6600. Add a stop-loss at 0.6400. Timeline: 1-2 days. Bearish view Sell the AUD/USD…
On Monday, an Israeli attack targeted Iran’s state broadcaster, while the head of the United Nations nuclear watchdog reported substantial damage to Iran’s largest uranium…
NZD/USD plummets to near 0.6000 as tensions in the Middle East have battered demand for risk-sensitive assets. The RBNZ is expected to reduce its OCR…
Despite muted ETF flows and flat Western macro participation, positioning data shows Chinese Gold speculators pushing SHFE Gold to record highs, setting the stage for…
WTI price rose due to rising supply concerns following the news of Israel planning to strike nuclear facilities in Iran. Iran may block the waterways…
Gold price extends correction and drops nearly 1% in early European trading on Thursday. The UK and the US are ready to announce a trade…
The USD/CHF is trading lower, hovering near the week’s lows, as recession fears and weak Chinese PMIs weigh on sentiment. US GDP contracted in Q1,…
China’s April manufacturing PMIs clearly hit by US-China trade war. Official non-manufacturing PMI and composite PMI also came down. Concrete signs of export shock make…
The tariff conflict triggered by US President Trump and the resulting increase in risk aversion also put pressure on the Platinum and Palladium prices. Tariff…