Stay on top of your trading with analyses of the latest market news.
Key points: Dollar heads for its largest weekly rise in over a month. U.S. business activity hits a two-year high, influencing interest rate expectations. The dollar surged this week, marking its largest weekly rise in over a month. Surprisingly strong …
Key points: Chicago wheat prices rose 0.4% to $7.01 a bushel, marking a 7.6% weekly gain. Corn futures increased by 0.3% to $4.65-1/4 a bushel, while soybeans fell 0.1% to $12.38-1/4 a bushel. Chicago wheat prices gained more ground on …
Gold (XAU/USD) experienced a sharp drop on Wednesday, settling just above the important support level of $2,375. This support is vital for bulls, as holding this line could prevent a deeper retracement towards $2,360. Should the weakness continue, the focus …
Key Points: Brent crude futures continued to fall to $81 per barrel, and WTI crude futures dropped to $76 per barrel. The FOMC meeting minutes indicated the potential for further rate hikes if inflation surges, impacting the demand for crude …
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