Forex Market

Gold prices recovered on Thursday after falling to their lowest level in nearly two months, as the US Dollar eased following renewed optimism surrounding a possible extension of the truce between the United States and Iran. The precious metal climbed back toward 4,480 dollars per ounce after briefly touching an …

Federal Reserve officials signaled that the fight against inflation may not be over, warning that additional interest rate hikes could still be possible if price pressures fail to ease over the coming quarters.The comments come as investors continue to closely monitor the direction of US inflation and the future path …

Key Takeaways Dollar rises: The DXY climbed 0.2% to 99.36, hovering around its strongest level since April. Euro and pound retreat: EUR/USD slipped 0.1% to $1.1614, while GBP/USD fell 0.2% to $1.3396. Strikes resume: The U.S. attacked targets in southern Iran, drawing IRGC retaliation against a U.S. base in Kuwait. …

Key Takeaways Direct military exchange: The U.S. struck targets near Bandar Abbas; Iran’s IRGC retaliated by hitting a U.S. military base in Kuwait. Kuwait defends against attacks: Kuwaiti authorities confirmed defending against drone and missile strikes. U.S. downs Iranian drones: Reuters reported the U.S. military shot down four Iranian attack …

Key Takeaways Gold falls: Spot gold dropped 0.4% to $4,438.92 per ounce, while gold futures eased 0.3% to $4,467.57. Range-bound for 10 days: Spot prices have been trapped between $4,400 and $4,600 per ounce since mid-May. Silver and platinum retreat: Spot silver fell 0.9% to $73.9595/oz, while spot platinum dropped …

Key Takeaways Crude rockets higher: Brent surged 3.8% to $97.83 per barrel, while WTI jumped 4% to $92.26 — recouping a bulk of this week’s sharp losses. Iran hits U.S. airbase: Iran’s Revolutionary Guard confirmed strikes on a U.S. airbase in Kuwait in retaliation for American attacks on Bandar Abbas. …

Global markets are preparing for one of the most important weeks of the month as investors closely monitor key US economic data, inflation figures and major corporate earnings reports. Despite a shortened trading week in the United States due to the Memorial Day holiday, financial markets are expected to see …

Brent and WTI crude slide several percent as geopolitical tensions ease and traders price in potential supply stability.Global oil prices fell sharply as renewed optimism over US–Iran negotiations sparked expectations of easing geopolitical tensions in the Middle East. The potential progress toward a diplomatic understanding has reduced fears of supply …

Gold prices jumped sharply at the start of the week as investors reacted to growing optimism surrounding a possible US-Iran agreement that could reduce tensions in the Middle East and reopen the Strait of Hormuz. Spot Gold climbed more than 1% to trade near the $4,570 level after renewed diplomatic …

The US Dollar opened the new trading week on a weaker footing as investors increasingly focused on the possibility of a breakthrough in negotiations between Washington and Tehran. Growing optimism surrounding a potential peace agreement has sparked a broader shift toward risk appetite across global markets, placing renewed pressure on …