Gold prices surged to a record high of $2,798.53 following the second round of undisclosed Level 1 events, marking a significant milestone in the precious metal's trajectory. This surge occurred amidst a weakening US dollar, which faced selling...
Market Fundamentals: The Euro continues to struggle against the Japanese Yen as market sentiment remains bearish amid expectations of aggressive rate cuts by the European Central Bank (ECB). The bleak economic outlook for the Eurozone, coupled with...
The USD/CHF currency pair has found a temporary equilibrium around the 0.9070 level during Thursday's Asian trading session, following two consecutive days of upward movement. This period of stability is primarily attributed to a weakening US...
Oil prices on Thursday recorded a significant decline and before the introduction of intraday recovery achieved a new minimum of pulling $ 72.77. This decline led to a decay under a growing trend line and since the beginning of November, prices have...
The GBP/USD pair experienced a slight decline on Thursday, reflecting a cautious market sentiment. This subdued trading environment was driven by several factors. Firstly, ongoing trade tensions escalated with the announcement of potential tariffs...