British Pound Rises for Fourth Straight Day to 1.3430, Nears Key 1.3450 Level on Inflation and Policy Expectations

The British pound has climbed for four straight sessions against the US dollar, bolstered by stronger-than-expected UK inflation data and a shift in market expectations around monetary policy. Sterling briefly touched 1.3430, nearing the key…

Gold Prices Break Above $3,350 an Ounce as Weaker Dollar and Geopolitical Tensions Fuel Bullish Outlook

Gold prices surged this week, hitting a high of $3,350 per ounce, driven by both strong technical momentum and supportive fundamentals. With the U.S. dollar weakening, key PMI data on the horizon, and rising geopolitical…

Dollar Declines for Third Straight Session, Boosting Safe-Haven Demand for Gold and Yen as G7 Summit Looms

The U.S. dollar has fallen for three straight days, as growing concerns over America's fiscal discipline and the Federal Reserve’s policy direction have pushed investors toward safe-haven assets like gold and the Japanese yen. Rising…

Middle East Tensions Drive Oil Prices Higher: WTI Surges Over 2.5% Past $63 on Strait of Hormuz Risk

Rising geopolitical tensions in the Middle East have driven West Texas Intermediate (WTI) crude oil prices up by more than 2.5%, pushing past $63 per barrel. Growing concerns over a possible Israeli military strike on…

Australian Dollar Hits Recent High of 0.6455 Against US Dollar on Dovish Fed Signals and Commodity Price Rebound

The Australian dollar has recently staged a strong rebound, climbing to 0.6455 against the US dollar. This uptick is driven by a combination of dovish signals from Federal Reserve officials, a weaker greenback, and a…