US Jobs Report in Focus as Markets Watch Fed’s Next Move
The United States will release its March Nonfarm Payrolls (NFP) report on Friday at 12:30 GMT. This data is closely followed because it gives a clear picture of the job market and helps investors understand what the Federal Reserve might do next on interest rates. That said, market activity could stay quiet as the release […]
Gold holds firm above the $4,500 level, supported by a softer US Dollar
After slipping to around $4,420 during the Asian session, Gold (XAU/USD) recovered and moved back above $4,500, extending Friday’s strong rally of more than 2.5%. The US Dollar Index (DXY) eased slightly from its recent monthly high, offering some support to the metal. However, expectations that global interest rates may remain elevated continue to limit […]
EUR/GBP holds steady above 0.8650 as ECB hawkish tone supports Euro
The Euro (EUR) is trading slightly higher against the British Pound (GBP) on Thursday, holding above the 0.8650 level. However, the pair remains range-bound as weak German economic data offsets the support coming from hawkish European Central Bank (ECB) commentary. Bundesbank President Joachim Nagel stated that a rate hike in April could be considered at […]
Breaking: UK inflation holds steady at 3.0% in February, matching expectations
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 and energy, increased to 3.2% […]
Gold trims losses but gains remain limited amid strong USD and rate hike concerns
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 does not offer yields. At […]
WTI Oil Falls as Delay in US Strikes Reduces Middle East Supply Concerns
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 of easing. The fall came […]
How to Trade Cryptocurrency and Make Profit?
Cryptocurrencies are becoming a popular way of making profits with easy to earn money. There was a time when customers used to invest their money in real estate, business, jobs and other fields but things have changed now. People have understood the importance of cryptocurrencies. This currency can make you a wealthy individual overnight and […]
How to Start Investing with $100: Simple Guide for Beginners
Starting your investment journey with just $100 might sound small, but it’s actually one of the smartest financial decisions you can make. Many people believe investing is only for those with large capital, but the reality is completely different today. With modern platforms, fractional investing, and easy access to global markets, even a small amount […]
Canadian Dollar Edges Higher Ahead of Retail Sales Data
The Canadian Dollar (CAD) is trading slightly higher against major currencies during Friday’s Asian session, recovering modestly after Thursday’s sharp decline. The USD/CAD pair has slipped to around 1.3735, attempting to pull back from recent highs, though it remains close to its two-week peak of 1.3748. The earlier weakness in the CAD was largely driven […]
WTI Price Forecast: Pullback After Failing to Sustain Above $100
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 and the possibility of easing […]