Technical Analysis
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Gold attracts fresh sellers amid Fed’s hawkish stance, US-China trade optimism
Gold struggles to capitalize on its modest uptick amid a mixed fundamental backdrop. The Fed’s hawkish stance acts as a…
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Australian Dollar loses ground after mixed China’s NBS PMI data release
Australian Dollar struggles after the release of mixed China’s NBS Purchasing Managers’ Index data. China’s NBS Manufacturing PMI fell to…
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Futures contracts for soybeans in Chicago dropped by over 1% following the conclusion of the Trump-Xi meeting in Busan, despite earlier dynamic…
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Alphabet Soared 7% on AI Driven Results
The American tech giant, now primarily a powerhouse in data centers and Artificial Intelligence (AI) rather than just search and…
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Japanese Yen remains on the back foot
The Japanese Yen drifts lower in reaction to the BoJ’s decision to maintain the status quo. The uncertainty over the…
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Gold gains traction amid USD weakness and reviving safe-haven demand
Gold regains positive traction amid a modest USD weakness and reviving safe-haven demand. The US-China trade optimism and the Fed’s…
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EUR/USD steadies with markets awaiting the Fed’s decision
The Euro snapped a five-day recovery against the US Dollar, retreating to 1.1630 from highs at the 1.1670 area. Investors…
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XAU/USD snaps three-day losing streak as Fed’s policy takes centre stage
Gold price bounces back to near $4,020 after three-day losing streak. The Fed is almost certain to cut interest rates…
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Nvidia Nears $5 Trillion Valuation
Nvidia has recorded an impressive surge in market value, approaching the $5 trillion mark and solidifying its position among the…
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Chart of The Day – AUDUSD
AUDUSD gains 0.25% on the back of Australia’s strongest CPI inflation data in over a year, which reduces the likelihood…
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