Gold spot (XAUUSD) experienced three consecutive days of contraction as it continues to face increasing pressure from a strong US dollar and higher treasury yields. The precious metal is known…
After slipping below its recent high on Friday, the FTSE 100 futures (TVC: UKX) recovered to close Monday trading on new historical highs. Bolstered by renewed hope of a shallower…
OPEC’s Secretary General revealed that the group expects oil demand to rise to pre-pandemic levels following a resurgence in China’s oil demand. According to Reuters, more OPEC officials believe crude…
Natural gas continues to face stormy conditions in a year that has seen the prices for the commodity slump by an astonishing 46%. Weakened demand has forced the natural gas…
After plunging from its nine-month high, silver (XAGUSD) has failed to gain traction since the week’s opening as traders eye U.S. Inflation data for direction. The Federal Reserve’s hawkish comments…
The Turkish Lira gave up 40% against the greenback in 2022 as losses were stirred up by the Federal Reserve elevating interest rates in the fight against inflation, along with…
A flat fourth-quarter GDP number narrowly saved the UK from meeting the definition of a technical recession for 2022. The EURGBP currency pair saw four consecutive days of losses leading…