Gold prices have continued their upward trajectory, breaking through the critical $2,900 per troy ounce level, driven by a combination of a weakening US Dollar and declining US Treasury yields across the curve. The XAU/USD pair has regained its...
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...
The People's Bank of China (PBOC) Governor, Pan Gongsheng, reaffirmed the central bank’s commitment to maintaining ample liquidity through interest rate and reserve requirement ratio (RRR) adjustments. He also emphasized China’s role as a key driver...
THE CURRENCY PAIR USD-JPY I tried my best to send USD/JPY up. Everything is working out somehow strangely for this instrument. It seemed to be falling for a long time; it seemed to be waiting for growth. And it even seemed to be growing. But it...
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...
