Oil prices rose modestly on Thursday as investors weigh geopolitical risks ahead of the U.S.-Russia summit on Ukraine, scheduled for Friday, while a softer market outlook limited gains. Brent crude futures increased 24 cents, or 0.37%, to $65.87 a barrel at 0356 GMT, while U.S. West Texas Intermediate (WTI) futures …

The U.S. dollar fell to a two-week low on Wednesday after softer-than-expected inflation data boosted expectations that the Federal Reserve will cut interest rates next month. The dollar index, which tracks the currency against a basket of peers, dropped to 97.62, its lowest level since July 28, extending Tuesday’s 0.5% …

Ether surged sharply on Wednesday, approaching record highs amid growing corporate accumulation, mirroring strategies previously seen in Bitcoin. The world’s second-largest cryptocurrency rose as much as 8.5% to $4,683.0, nearing its $4,861 all-time high from November 2021. Corporate Ether AccumulationSeveral U.S.-listed firms announced plans to boost their Ether holdings this …

Gold prices were largely unchanged in Asian trading on Wednesday, supported by softer U.S. inflation data that boosted hopes for Federal Reserve rate cuts, while investors awaited U.S.–Russia discussions later this week. Spot Gold hovered around $3,348.87 an ounce, with December Gold Futures muted at $3,398.42/oz by 01:59 ET (05:59 …

DowJones

The USD/CAD pair is trading within a narrow sideways range, supported at 1.3750 and capped by resistance just below 1.3800. Technical Outlook – 4-hour timeframe: Technical indicators point to a possible resumption of the uptrend, backed by the 50-period simple moving average, which continues to provide support. However, early signs …

Oil, Crude, trading

In our previous report, we maintained a bearish outlook, and US WTI crude oil futures extended their decline, recording a low of $62.97 per barrel. Technical Outlook – 4-hour timeframe: Selling pressure remains strong as prices continue to trade below the simple moving averages, which serve as a firm barrier …

Gold prices (XAU/USD) experienced mixed but predominantly negative movement, reaching their lowest level in the previous session at $3,331 per ounce. Technical Outlook – 4-hour timeframe: During mid-day trading yesterday, gold attempted a modest rebound after the Relative Strength Index (RSI) entered sharp oversold territory, triggering limited upside movement. However, …

The euro continues to record gradual and quiet gains against the US dollar, approaching a breakout above the psychological barrier of 1.1700 after touching a high of 1.1697. Technical Outlook – 4-hour timeframe: Technical indicators continue to support the bullish bias, with the 50-period simple moving average acting as a …