Gold rebounds from two-month low US Dollar eases on fresh US-Iran truce headlines

Gold (XAU/USD) stages a rebound on Thursday as the US Dollar (USD) edges lower following fresh headlines surrounding a potential US-Iran peace deal and softer US inflation data. At the…

Kuwait air defenses responding to hostile missile and drone attacks

There were earlier exchanges between Iran and the US around Hormuz:US and Iran offer clashing accounts of fresh Hormuz confrontation near Bandar AbbasIran on the attack again, this time against…

Gold continues to slide amid lack of US-Iran breakthrough and hawkish Fed risks

FUNDAMENTAL OVERVIEWGold fell to a new two-month low this week as the lack of tangible progress on the US-Iran side and the hawkish Fed risks continue to weigh on the…

Bitcoin Accelerates Lower and Cracks Important Supports

BTCUSD fell to the lowest in six weeks on Thursday, with daily loss of over 3% seen on acceleration of the bear-leg that extends into third consecutive day. Fresh rise…

USDCAD stretches to topside swing level target and backs off.

The USDCAD has moved lower after trading to its highest level since April 13. The pair peaked at 1.3869 on two separate occasions during the Asian and early European sessions,…

European natural gas prices rise amid fresh U.S.-Iran strikes

European natural gas prices rise amid fresh U.S.-Iran strikes Source link

Sunrise Market Commentary – ActionForex

Markets Iran and the US turned the script around. This time, the US denied Iranian reports of a draft MoU which would restore Hormuz traffic flow within a month after…

Chart Alert: Gold (XAU/USD) Bearish Breakdown Below 200-Day MA, Further Potential Weakness Ahead

Key takeaways Gold (XAU/USD) has broken below its 200-day moving average for the first time in three months, increasing the risk of a fresh bearish impulsive decline within its broader…

Crypto Market Has Broken Through a Key Support Level

Market Overview The crypto market has lost around 3.5%, falling to a market capitalisation of $2.44 trillion and sharply breaking through the local support level seen in recent weeks. Technically,…

Gold Under Pressure: Third Consecutive Session of Declines

Gold fell to 4,387 USD per troy ounce on Thursday, marking its third consecutive session of losses. The market remains cautious amid persistent uncertainty surrounding negotiations between the US and…