Gold bounced from key $4300 support zone (which contained attacks in past three days) with the price being on track for the fourth consecutive daily close above this level that adds to positive outlook. Fresh demand emerged from growing market expectations for more Fed rate cuts, keeping the price underpinned for probe through near-term…

Silver advanced over 4% and hit new record high ($66.51) on Wednesday, as demand for precious metals gained impetus after US data pointed to further softening in the US labor market that revived expectations for more dovish Fed’s stance on monetary policy. Fresh gains broke through two round-figure barriers ($65 and $66) and signaled…

Cable jumped above 1.3400 mark on Tuesday morning after better than expected December Manufacturing and Services PMIs (preliminary) offset weak numbers from labor report. Sterling maintains firm tone and holding just under new high in almost two months, ahead of key economic event of the day – releases of combined (Oct/Nov) US labor report, Oct…

The Euro maintains firm tone at the start of the week and holds near new multi-week high, posted last Thursday (1.1762). Bulls hold grip and probe again through cracked Fibo barrier at 1.1746 (61.8% of 1.1918/1.1468), also being on track for the third consecutive daily close above broken top of thick daily Ichimoku cloud (1.1693). However,…

Gold hit new highest in nearly two months on Friday, following break above recent range top ($4264) which signaled continuation of recovery leg from $3886 (Oct 28 low) and extension through psychological $4300 barrier. The yellow metal shined on improved sentiment, as markets expect more Fed rate cuts in the next year, despite cautious tone from…

The dollar index extends steep-post-Fed fall into second straight day, hitting the lowest in six weeks on Thursday. Fed’s 25 basis points rate cut and relatively dovish Chair Powell’s comments deflated the dollar across the board, with 0.85% drop in past 24 hours, contributing to broader weakness and keeping the index on track for the third…

The Euro remains firm and rises to the highest in seven weeks on Thursday, in extension of Wednesday’s 0.6% advance, mainly seen in post-Fed acceleration. The single currency benefited from Fed rate cut and more hawkish than expected monetary policy projections for 2026, which further deflated the US dollar. Rise above significant barriers at…

Silver hit new record high ($61.59) on Wednesday, in extension of Tuesday’s strong acceleration higher which resulted in a daily gain of 4.5% and break through psychological $60 barrier. Silver continues to benefit from strong demand for safe haven, as well as an evident disbalance between industrial demand and supply. Silver’s sharp rise in…