Gold prices are currently on the rise, with a target of reaching $3,000 per ounce. Last week, gold (XAU/USD) settled at $2,936.26, marking a gain of 1.87% and maintaining an upward trend for the eighth consecutive week. The metal reached a new...
Market Fundamentals: The Reserve Bank of Australia (RBA) opted to keep interest rates steady at 4.35% during its final policy meeting, but its unexpectedly dovish tone signaled the possibility of a rate cut. Market expectations currently reflect a...
Market Fundamentals: The Federal Reserve’s reinforced hawkish stance has driven US Treasury yields higher, with the 2-year yield climbing to 4.42% and the 10-year yield reaching 4.80%. This surge in yields continues to bolster the US dollar, keeping...
Technical analysis of AUDJPY The AUDJPY pair closed on Friday at 94.872, positioning itself between key technical levels. The support level is identified at 94.572, while the resistance level stands at 96.789. These levels are critical for...
Market Fundamentals: China's economy demonstrated resilience in the fourth quarter of 2024, with Gross Domestic Product (GDP) expanding by 5.4% year-over-year, up from 4.6% in the previous quarter. Every quarter, growth accelerated to 1.6%, in line...
