Gold unlocks fresh all-time high Bullish wave could stabilize, but perhaps temporarily Gold has been in an uninterrupted record rally over the past week, ticking to a new high of 2,304 before losing some steam Read more…
AUDUSD rallies for the third straight day, lifted by weaker US dollar and downbeat US services PMI data (released on Wednesday). Bulls cracked pivotal 0.6600 resistance zone (double-Fibo/100DMA/round-figure), trading at these levels for the first Read more…
Check back for updates throughout the trading day U.S. equity futures moved firmly higher Thursday, while the dollar slipped to a one-week low against its global peers and Treasury yields steadied, as investors eyed another Read more…
Cable extends recovery from 1.2540 double bottom (Apr 1 / 2 lows) and pressuring significant barrier at 1.2674 (daily cloud top / Fibo 38.2% of 1.2893/1.2539), as bulls regained traction after a false break below Read more…
The euro is on a bit of a roll and has pushed slightly higher on Thursday. In the European session, EUR/USD is trading at 1.0857, up 0.19%. The euro is up for a third straight Read more…
Market picture The crypto market rolled back another 0.9% in 24 hours to a capitalisation of $2.48 trillion – the lowest in a week and a half. Bitcoin reversed by the same amplitude, while there Read more…
The Brent oil chart today shows that the price has exceeded USD 89 per barrel — this is the highest level since the end of October 2023. Reasons for strong demand for oil: → The Read more…
Important events of this week for investors and traders in the US stock market could be the employment news, which will be published tomorrow at 15:30 GMT+3: → non-Farm Payrolls (NFP) report for March. According Read more…
UK PMI Services was finalized at 53.1 in March, down from February’s 53.8. PMI Composite was finalized at 52.8, down from prior month’s 53.0. Tim Moore, Economics Director at S&P Global Market Intelligence, said, “The Read more…
Eurozone PMI Services was finalized at 51.5 in March, up from February’s 50.2, a 9-month high. PMI Composite was finalized at 50.3, up from prior month’s 49.2, a 10-month high. Cyrus de la Rubia, Chief Read more…