Daily Pivots: (S1) 1.0626; (P) 1.0658; (R1) 1.0675; More… Intraday bias in EUR/USD remains neutral and outlook is unchanged. While stronger recovery cannot be ruled out, upside should be limited by 1.0723 support turned resistance. Read more…
Financial markets have steadied following a brief period of heightened volatility triggered by fears of escalating conflict in the Middle East. Initial concerns about a full-scale confrontation were alleviated. Both Israel and Iran played down Read more…
Global oil prices whipsawed Friday as investors weighed the impact of a reported Israeli missile strike on Iran that could escalate tensions in the region while adding further concerns for supply disruption through one of Read more…
Market picture The crypto market was relatively quick to digest the sell-off that gripped markets following Israel’s attack on Iran. The capitalisation rose 4.7% in 24 hours to $2.33 trillion, but this is down from Read more…
Check back for updates throughout the trading day U.S. equity futures moved lower Friday, while oil prices whipsawed and save-haven assets rallied, following reports of an Israeli missile strike on Iran that rattled global markets Read more…
Gold probed above $2400 level for the second time, inflated by increased safe-haven demand following Israel’s attack on Iran early Friday. Although the spike above $2400 (the metal’s price reached $2417) was so far short-lived, Read more…
The British pound dipped 0.30% earlier today but has managed to recover the losses. In the European session, GBP/USD is trading at 1.2451, up 0.12%. Retail sales misses estimate The UK release retail sales were Read more…
Gold prices have soared past 2400.00 USD, reaching a new record high on Friday. This marks the fifth consecutive week of gains for the precious metal, fuelled by increasing market demand for “safe-haven” assets amid Read more…
On the night of Thursday into Friday, reports emerged that Israel had attacked Iran following Iran’s attack on Israel over the weekend. Let’s remember that we wrote on Monday that after a 300 drone and Read more…
GBPJPY is in the red today, not far from its recent high It continues to hover inside a rectangle structure Momentum indicators are in waiting mode for the next key events GBPJPY is trading lower Read more…