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Commodities

Weekly market wrap: data supports the US dollar amid a hit from the court

It was a week full of surprises that culminated on its final day, leaving global financial markets ending their sessions in an unexpected manner given the political and economic developments that unfolded throughout the period. This weekly summary reviews the most important events that shaped the landscape. Sources of Uncertainty …

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Gold Hangs Tough Below $5,000 as Strong Dollar and Geopolitical Tensions Keep Traders on Edge

Gold hovered just below $5,000 on Thursday, unable to extend recent gains as investors balanced a strong US Dollar with ongoing global uncertainties. The precious metal has drawn attention as a safe-haven amid rising tensions in the Middle East.Prices stayed around $4,975 per ounce, consolidating after briefly reaching $5,021 earlier …

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Bitcoin Extends Losses as Hawkish Fed Minutes and Geopolitical Tensions Weigh on Sentiment

Bitcoin declined further on Thursday, extending its recent downtrend after hawkish signals from the Federal Reserve’s January meeting minutes heightened uncertainty over the outlook for U.S. interest rates. The cryptocurrency sector was also pressured by broader risk aversion amid escalating geopolitical tensions between the United States and Iran. The world’s …

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