WTI oil rose further on Tuesday, following US action in Venezuela, which caused uncertainty over country’s oil production and boosted demand. Although it is still early to estimate what consequences will US unprecedented action cause on production in the country which has the biggest oil reserves, markets reacted with caution, assuming…

The dollar index opened with gap higher and rose to 3 ½ week high on Monday, keeping firm tone at the start of the year. Uncertainty over the US attack on Venezuela prompted migration into safety of dollar, but the greenback was also lifted by optimism that US economic data, due this week, (Manufacturing & Services PMIs / Dec labor data)…

Gold started the year in positive mode, opening with small gap higher on the first trading day in 2026 and advanced to $4400 zone which marks a breakpoint and so far caps recovery attempts. The yellow metal price fell sharply in the last days the last year, with pullback from new record high ($4550) primarily driven by year-end profit taking.…

Gold bounced strongly on Tuesday, recovering a part of heavy losses on Monday, when the metal price first hit new record high and then fell over 5%, Markets were awaiting a catalyst for profit-taking and yesterday’s optimistic tones about Ukraine peace talks from President Trump, sparked a sharp sell-off. Despite that initial optimism about…

Gold opened with gap higher and above cracked $4500 level on Friday, as geopolitical situation escalated during the one-day break on Christmas and prompted traders into fresh longs. The latest US attack on Nigeria added to growing tensions over US pressure on Venezuela and war in Ukraine, which sees no results from the recent peace talks.…

Gold hit new record high following 1.8% acceleration in early Monday, which broke above psychological $4400 barrier and pushed the price further into uncharted territory. Increased safe haven demand on fragile geopolitical and economic situation contributed to the latest rally, driven mainly by growing expectations more dovish Fed’s stance in…

EURJPY hit new record high following 1.1% advance in post BoJ rate decision trading. Japanese yen weakened across the board after the Bank of Japan raised interest rates by 25 basis points to 0.75% (the highest in three decades) and left the door opened for further tightening. The pair is in steep ascend in past 10 months, which is the part of…

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…