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Silver climbed within striking distance of $42 an ounce on Monday, posting its strongest rally since 2011 as a deteriorating U.S labour market reinforced expectations of a September Fed rate cut. The highly anticipated Non-Farm Payrolls data confirmed a sharp slowdown in job creation with unemployme

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Gold price corrects sharply from the all-time peak amid receding safe-haven demand.A modest USD uptick further contributes to the downfall amid overbought conditions.Fed rate cut bets and trade-related uncertainties could limit losses for the commodity. Gold (XAU/USD) is extending the previous day's

Politics The new Polish president, Karol Nawrocki, has officially taken office after being sworn in at a joint session of the country’s upper and lower houses of Parliament. He succeeds Andrej Duda in the presidential palace in Warsaw. In his first speech as head of state, Nawrocki said that he will

USD/CHF trades in positive territory near 0.8010 in Tuesday’s early European session. The pair gains ground amid a firmer US Dollar, but the Fed’s dovish tone might cap its upside. The Swiss Real Retail Sales and US August ISM Manufacturing PMI will be the highlights later on Tuesday. The USD/CHF pa

Dow Jones futures decline as market sentiment turned cautious amid growing concerns over the Fed's independence.President Trump announced the dismissal of Fed Governor Lisa Cook over allegations of mortgage fraud.Traders await Nvidia’s highly anticipated earnings report scheduled for Wednesday. Dow

Asia stocks slip; PCE, Nvidia in focus Asian equities are shuffling into the session with their shoelaces tied together, inheriting Wall Street’s stumble and staring down an inflation report that could redraw the map of Fed policy. Japan, Hong Kong, and Australia futures are limping lower, while Chi

In this technical article we’re going to look at the Elliott Wave charts of Dollar index DXY published in members area of the website. US Dollar has recently given us Double Three pull back and found buyers again precisely at the equal legs area as we expected. In this discussion

With strong U.S. manufacturing data released, investor expectations for future interest rate policy have undergone subtle changes. Gold has held at around $3,335 per ounce, while market bets on a Federal Reserve rate cut have fallen from over 90% a week ago to roughly 73%. This adjustment reflects a

USD/CAD weakens to around 1.3905 in Friday’s early Asian session.Flash US S&P Global Manufacturing PMI surprises to the upside in August. A recovery in crude oil prices lifts the commodity-linked Loonie. The USD/CAD pair loses traction to near 1.3905, snapping the three-day winning streak during

XAU/USD falls 0.30% as traders await Powell’s Jackson Hole speech.US PMI signals stronger growth at 2.5% annualized pace, but jobless claims rise to highest since late 2021.Fed officials Hammack, Schmid, and Bostic warn inflation risks outweigh jobs concerns, pushing for restrictive policy.Russia de