Gold Surges to $2430 as Fed Rate Cuts Loom
On Monday, gold prices climbed to around $2,430 per ounce, marking a new record. This surge comes after recent US economic data strengthened expectations...
May 20, 2024
Geopolitical Tensions Drive Crude Oil Above $80
WTI crude futures rose above $80 a barrel on Monday, marking this month’s highest level. This increase extends a 2.3% rise from last week,...
May 20, 2024
USDCAD – BoC Holds Steady as CAD Hits 5-Week High
The Canadian dollar (CAD) strengthened to around 1.36 per USD in May, reaching a five-week high. This boost comes as softer US inflation data...
May 20, 2024
NZDUSD – Bullish Impetus Amid Overbought Condition
The NZD/USD 4-hour chart displays the New Zealand Dollar (NZD) trading against the US Dollar (USD). It includes multiple technical indicators, providing a detailed...
May 16, 2024
AUDUSD Analysis – Wage Growth Slows in Australia
The Australian dollar climbed above $0.664 (AUDUSD), reaching its highest point in two months. This surge happened as the US dollar weakened ahead of...
May 15, 2024
GBPUSD Analysis – BoE Signals Rate Cuts
The British pound surged to $1.259 (GBPUSD), reaching its highest level in five weeks. This boost came as the US dollar weakened following remarks...
May 15, 2024
