Market participants remain cautious ahead of the highly anticipated Federal Open Market Committee (FOMC) policy meeting, refraining from making aggressive bets until the Federal Reserve's decision is announced. The Fed is widely expected to cut...
The recent shift in US monetary policy, aimed at strengthening negotiating leverage while preventing a sudden surge in inflation, has led to a modest decline in US Treasury bond yields, which in turn has bolstered demand for gold. Meanwhile, the...
Despite a ceasefire agreement between Israel and the Lebanon-based Hezbollah militant group, geopolitical risk premiums remain elevated due to the escalating Russia-Ukraine conflict. Additionally, expectations that the Organization of Petroleum...
The Reserve Bank of New Zealand (RBNZ) Governor Adrian Orr has hinted at the possibility of further monetary easing shortly. Dovish commentary from the RBNZ and weak domestic economic data continue to weigh on the New Zealand Dollar (NZD). Market...
The crude oil price chart on the H1 timeframe shows a clear downtrend, characterized by a series of lower highs and lower lows, indicating persistent selling pressure. The Bollinger Bands suggest that the price has been moving close to the lower...