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The GBP/USD currency pair slipped below the 1.33 mark, ending the week with a modest loss of over 0.24%, as the U.S. dollar gained strength amid deteriorating consumer sentiment and rising inflation expectations in the United States. With no major economic data released in the UK on Friday, the pound …

The EUR/USD currency pair is facing a notable decline as the U.S. dollar strengthens following the release of preliminary University of Michigan survey data for May, which revealed a rise in U.S. consumer inflation expectations to 7.3% annually, up from 6.5% in April. This uptick bolstered the dollar, pushing the …

U.S. stock index futures edged higher in early Friday trading, stabilizing after a mixed performance on Wall Street, as investors weighed a run of soft economic data that bolstered expectations for interest rate cuts later this year. At 05:35 ET (09:35 GMT), Dow Jones Futures rose 90 points, or 0.2%, …

Gold prices declined in Asian trading on Friday, poised for their steepest weekly drop in over six months, as signs of easing trade tensions between the United States and China dampened investor appetite for safe-haven assets. Spot gold fell 0.8% to $3,214.90 an ounce, while gold futures for June delivery …

Oil, Crude, trading

The Canadian dollar has resumed an upward corrective trend after establishing a solid support base The Canadian dollar met its initial upside target at 1.4000, with the pair registering a session high of 1.4004 during the previous trading session. From a technical perspective, the 1.4000 psychological resistance level has exerted …

Oil, Crude, trading

U.S. crude oil futures aligned with the expected upward movement in the previous session, as the price held above the pivotal $61.20 support level. Although the market briefly dipped to $60.11, triggering a pullback that offset earlier long positions, the broader technical structure remains constructive. On the 4-hour chart, the …

Gold prices declined sharply in the previous session, pressured by profit-taking after strong gains earlier in the year. The market reached key downside targets outlined in the previous report, with prices falling Gold prices saw mixed trading in the previous session, briefly approaching the first downside target at $3,112 before …

The EUR/USD pair traded within a narrow sideways range during the previous session, with limited attempts to generate short-term gains amid subdued momentum. From a technical perspective, the 4-hour (240-minute) chart shows the pair continuing to trade below the 50-period simple moving average, which is acting as a firm resistance …