Oil prices edged lower on Monday, pressured by a strong U.S. dollar and market anticipation of upcoming key economic data and Federal Reserve policy signals. Concerns over sanctions on Iranian and Russian oil also weighed on sentiment, despite recent price gains supported by cold weather and fiscal stimulus measures in …

Gold prices dipped slightly in Asian trading on Monday, as a strengthening U.S. dollar and expectations of a slower pace of Federal Reserve monetary easing continued to weigh on the yellow metal. Hawkish remarks from Fed officials over the weekend added to the pressure on gold, signaling that interest rate …

The U.S. dollar remained close to a two-year high on Friday, despite a slight dip, driven by investor expectations that the growth gap between the U.S. and other economies will continue to widen. Meanwhile, Chinese blue chips experienced their largest weekly decline since 2022, adding to global economic concerns. Dollar …

Oil prices remained stable on Friday, with both Brent crude and U.S. West Texas Intermediate (WTI) poised for significant weekly gains. This momentum follows Thursday’s close, which marked the highest levels in over two months for both benchmarks, supported by colder weather in Europe and the U.S., as well as …

European markets closed the week on a cautious note, with the pan-European STOXX 600 index slipping 0.2% by 09:22 GMT. Despite the decline, the index remains poised for a 0.7% weekly gain, as light trading activity marked the return of investors from New Year holidays. In country-specific moves, Swiss stocks …

Oil, Crude, trading

Oil, Crude, trading

japanese-yen

US crude oil futures posted notable gains during the previous session, aligning with the positive outlook outlined in the prior report. The price reached the official target of 73.00, recording a high of $73.69 per barrel. Technical Outlook:The technical indicators continue to favor a bullish bias. The simple moving averages …

Gold prices surged during the previous trading session, successfully breaching the strong resistance level highlighted in the previous report. This breach temporarily halted the downward trend and triggered a rise, with the metal reaching a high of $2665 per ounce, surpassing the initial targets of 2645 and 2657. Technical Outlook:A …