Forex Market

Oil prices soared on Monday, reaching their highest levels since January, as the U.S. joined Israel in launching attacks on Iran’s nuclear facilities, stoking fears of supply disruptions in the Middle East. Brent crude futures rose by $1.92, or 2.49%, to $78.93 a barrel at 0117 GMT. U.S. West Texas …

Gold prices fell slightly on Monday amid increasing demand for the U.S. dollar, triggered by the U.S. attack on key nuclear facilities in Iran, which marked an escalation in the Middle Eastern conflict. At 01:08 ET (05:08 GMT), spot gold was down 0.2% at $3,360.11 per ounce, and gold futures …

The Middle East conflict intensified on June 12, 2025, when Israel launched airstrikes on Iran’s Natanz uranium enrichment facility, targeting military leaders. Iran retaliated swiftly, leading to a cycle of strikes that damaged government, health, and civilian infrastructure, with casualties on both sides. Iran’s refusal to halt its nuclear program, …

The euro has carved out a modest edge against the US dollar, finding support near the 1.1535 mark, up +0.36%, as markets steer across a complex interplay of geopolitical and economic signals. A softer US dollar, reflected in the Dollar Index (DXY) slipping below 99.00 to around 98.65, underscores a …

The Japanese Yen continues to slide against the US Dollar, even as Japan’s inflation data comes in hotter than expected. The USD/JPY pair has climbed to a three-week high near 146.00, poised for a weekly gain of about 1.2%. This trend raises questions about the forces driving the Yen’s weakness …

Gold (XAU/USD) hovers around $3,368, reflecting a pullback from its weekly high of $3,452. Despite short-term pressures, the metal’s medium-term outlook remains robust, driven by persistent geopolitical risks and strong central bank demand. This analysis explores the factors shaping gold’s price action, the broader macroeconomic context, and technical levels to …

Oil prices fell sharply in Asian trade on Friday, as news of U.S. President Donald Trump’s decision on potential involvement in the Israel-Iran conflict was delayed for two weeks. Despite this dip, oil prices remained on track for their third straight week of gains, with geopolitical concerns in the Middle …

The Swiss National Bank’s unexpected decision to slash its key policy rate to 0% has left the USD/CHF pair idling near 0.8186, subdued by thin trading volumes during the U.S. Juneteenth holiday. This article argues that the SNB’s bold move, aimed at tackling disinflation and the Swiss franc’s strength, risks …

President Donald Trump’s relentless push for lower interest rates, driven by fiscal pressures and economic ambitions, has put him at odds with Federal Reserve Chair Jerome Powell, who has held rates steady at 4.25% to 4.5% for the fourth consecutive meeting. Trump seeks rate cuts to reduce the cost of …

The British pound has surged since the Bank of England’s latest interest rate decision, sparking debates about the UK economy’s trajectory and the central bank’s next moves. This article argues that while the pound’s rally reflects confidence in the Bank’s steady hand, persistent economic risks—both domestic and global—could challenge this …