In a significant move that shook financial markets, Moody’s downgraded the U.S. credit rating from Aaa to Aa1, echoing earlier actions by Fitch Ratings in 2023 and Standard Poor’s back in 2011. The downgrade underscores growing concerns over the...
Gold prices are once again in the spotlight as rising geopolitical tensions and renewed recession fears drive demand for safe-haven assets. The Israel Defense Forces (IDF) announced "extensive strikes" on Hamas-linked targets in the Gaza Strip...
For the week beginning June 2, 2025, the GBP/USD currency pair will be heavily influenced by a series of critical economic data releases from both the United Kingdom and the United States, alongside monetary policy cues from their respective central...
Megan Greene recently addressed the Treasury Committee with a message of caution, emphasizing a gradual approach to easing monetary restrictions. Greene expressed optimism that inflation’s persistence is likely to fade naturally over time, but she...
I believe gold's technical structure at the close of May suggests a pivotal moment for the precious metal. I observed that the price finished the trading week just below the upper boundary of the large triangle pattern on the daily chart, which...
