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Forex Market

Gold Smashes $5,000 as Investors Rush to Safety Amid Global Tensions

Gold surged past the landmark $5,000-per-ounce level on Monday, extending a historic rally as investors flocked to safe-haven assets amid mounting geopolitical uncertainty and renewed trade tensions. Spot gold jumped 1.5% to $5,058.09 an ounce by early European trade, after touching a fresh all-time high of $5,092.71. U.S. gold futures …

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Weekly market wrap: geopolitical tensions, US Economic data ahead of Fed’s decision

Last week witnessed significant developments on the geopolitical front, alongside key indicators of U.S. economic performance and notable updates from the Davos Economic Forum. At the start of the week, financial markets were dominated by concerns over geopolitical tensions, particularly the renewed fears of a trade dispute between the United …

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U.K. Retail Sales Jump in December, Adding Complexity to BoE Rate Outlook

U.K. retail sales rebounded sharply in December, signaling a return of consumer confidence after months of caution surrounding the Autumn budget and giving the Bank of England fresh food for thought ahead of its February policy meeting. Monthly sales rose 0.4%, reversing November’s decline, while annual growth surged to 2.5%—well …

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USD/JPY Steadies as BoJ Rate Hold Expected, Election Risks and Yield Surge Shape Outlook

BoJ

Yen Finds Support, Dollar Recovers Modestly: The Japanese Yen recovered some lost ground against the US Dollar on Thursday, though gains remained limited, as USD/JPY stabilized near 158.42, up 0.11% on the day.The pair pulled back from earlier highs as broad Dollar weakness resurfaced, even as US macro data pointed …

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US Session Drivers: Markets Rally as US–EU Tensions Ease, Gold Hits Record High

Global markets advanced as investors reacted to signs of easing tensions between the United States and Europe, following renewed diplomatic engagement that reduced fears of imminent trade measures.The US Dollar continued to weaken even after inflation and growth data broadly met expectations. Recent figures confirmed that price pressures remain manageable, …

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