Gold bounces back above $4K in post-US election rally
Gold gained almost 3% in early Wednesday’s trading, in immediate reaction to the victory of US Democratic party in the midterm election.
Growing uncertainty about political action after Democrats regained full control of the US Congress,…
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RBA raises interest rates for the fifth time this year but signals a pause in tightening cycle
Reserve Bank of Australia raised interest rates by 25 basis points in its November monetary policy meeting, in line with expectations.
The central bank lifted its cash rate from 4.60% to 4.85%, the highest level in nearly two decades.…
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EURUSD – near term action positively aligned but overall picture remains bearish
Near-term action remains constructive and attempts on the upper side of four-week range, following repeated downside rejection at 1.1100 zone (reinforced by 200WMA).
Fresh positive momentum supports the action which requires clear break…
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Oil price drops 5% on new peace optimism
Brent oil fell sharply on Monday, driven by fresh way of optimism following talks between Iran and Qatar officials that boosted hopes of possible end of war between US/Israel and Iran.
The news provided strong relief to the markets after…
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GOLD eventually breaks $4000 support
Gold fell sharply on Friday to eventually clearly break psychological $4000 support (after a number of failures in this zone) hitting the lowest since early October 2025, following violation of next round-figure support at $3900.…
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BTCUSD extends weakness below 80K on Binance case shock / risk-off mode
BTCUSD remains firmly in red for the second straight day and extends drop below psychological 80K support, to hit six-week low on Friday.
Several factors contributed to the latest acceleration lower, with multi-billion loss on Binance…
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GBPUSD – key resistance zone likely to give up
Cable extends step ascend into third straight day and probes again through key barriers at 1.3406 (50% retracement of 1.3675/1.3136 descend) and 1.3418 (Oct 22 high).
Weaker dollar on AI nervousness, helped pound to reach three-week high…
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The ECB keeps interest rates on hold, but points to rising inflation risks
The European Central Bank left interest rates unchanged, in line with expectations, but pointed to mounting inflation risks from surging energy costs, which is likely to boost bets for a December rate hike.
The ECB has raised rates twice…
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Fed keep interest rates unchanged in October, but further tightening cannot be ruled out
The Federal Reserve kept interest rates unchanged 3.75%-4.00% range, as widely expected, with policymakers opting to stay on hold ahead of key political event – next week’s US midterm elections, as well as looking for more information from…
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AUDUSD – jump on higher than expected CPI was capped by 200DMA, all eyes on Fed
AUDUSD rose to one-month high on Wednesday, lifted by higher than expected inflation in the third quarter that boosted expectations for RBA rate hike in the next policy meeting.
Consumer prices advanced by 1.3% in Q3 compared to 0.6 in…
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