EUR/USD met some selling stress after rising to the mid-1.1700s during the Asian session closing much of the bullish gap seen at the start of the week. Despite this the pair is still holding above the key 1.1700 level so traders should be careful before expecting a continuity of Friday’s
EUR/CAD continues to move lower for the third direct session trading near 1.5920 during Friday Asian session. The pair is under stress as the Euro weakens mostly due to rising risk aversion linked to ongoing tensions in the Middle East. On Thursday US President Donald Trump said the naval siege
Gold (XAU/USD) is trading just higher in early Thursday European session, holding on to little gains after impressive a fresh monthly low in the early session. However the overall outlook remains careful. The US Dollar continues to adjust for the fourth direct day following a quite hawkish stance from the
Asian markets traded unevenly on Friday, with most indices slipping as rising oil prices weighed on sentiment. The surge in energy costs comes amid stalled US–Iran negotiations and continued disruptions in the Strait of Hormuz, keeping investors cautious across the region. Japanese equities showed a mixed performance. The Nikkei 225
Gold is holding steady just below the $4,700 level during the early European session, showing some strength despite ongoing pressure. The main reason behind this weakness is a stronger US Dollar, which has been gaining for three consecutive days and continues to weigh on the metal. Ongoing tensions between the
The US Dollar Index (DXY), which tracks the strength of the US Dollar against six major currencies, is showing slight recovery after minor losses in the previous session. It is currently trading near 98.10 during early European trading hours on Tuesday. Looking at the daily chart, the index is still