The Australian Dollar (AUD) is trading slightly higher against the US Dollar (USD), hovering near the 0.6900 level during Friday’s late European session. This modest gain comes even as overall market sentiment remains cautious due to ongoing uncertainty around the Middle East situation. At the time of writing, S&P 500
The United Kingdom’s Consumer Price Index (CPI) rose 3.0% year-on-year in February, unchanged from January, according to data released by the Office for National Statistics (ONS) on Wednesday. The figure came in line with market expectations and remains above the Bank of England’s 2.0% target. Core inflation, which excludes food
Gold (XAU/USD) recovered a large portion of its intraday decline and moved closer to the $4,400 level during Tuesday’s European session. However, the overall recovery still looks weak. Ongoing tensions involving Iran continue to raise inflation concerns, reducing expectations for interest rate cuts. This situation creates pressure on gold, which
WTI crude oil prices declined sharply on Monday, trading near $92.20 at the time of writing, down more than 5% on the day. Prices dropped from around $100 to an intraday low near $84, marking the weakest level in over a week as tensions in the Middle East showed signs
West Texas Intermediate (WTI) crude futures on NYMEX are trading more than 1% lower, hovering near $93.10 during early European trading on Friday. Oil prices are under pressure as easing geopolitical tensions in the Middle East reduce supply concerns. Developments such as Israel’s commitment to avoid targeting Iranian oil infrastructure
Gold prices steadied above the key $5,000 level during Wednesday’s European session, recovering slightly after a brief dip earlier in the day. Despite this, the metal remains stuck within a narrow range seen since the start of the week, as traders avoid taking strong positions ahead of the upcoming policy