Gold off multi-month tops amid profit-taking
Risk aversion could reemerge at any point and drive the safe-haven yellow metal back to recent highs
Gold prices rallied to late-May highs around $1,913 on Tuesday before retreating...
Pound resilient in the face of geopolitics
In part, the cable’s resilience is due to a lack of dollar demand despite its safe-haven status.
Despite the dominating risk aversion in the global financial markets, the pound...
Safe-haven gold at fresh mid-2021 highs
Tensions surrounding Ukraine have eased somehow ahead of the weekend
Gold has been trending mostly higher this week, deriving support from its safe-haven status amid persisting geopolitical tensions. Following...
Bitcoin needs to hold above 20-DMA
The overall picture in the cryptocurrency market looks neutral at this point
Bitcoin price briefly dipped to local lows around $41,500 at the start of the week to turn positive...
Euro bounces but upside potential limited
ECB warns against the negative impact of gas supply disruption on the Eurozone’s economy
The euro bounced strongly on Tuesday, recovering from local lows seen below 1.1300 at the start of...
Safe-haven dollar keeps rallying to start the week
Fed’s George said that the central bank should weigh asset sales to curb inflation
The dollar keeps climbing north due to its safe-haven status, extending the ascent since last Friday when rising geopolitical...
Bitcoin retreats but stays on recovery path
The initial spike in price still could be viewed as another bullish sign
The bitcoin price rallied at the start of the week, extending gains after a recovery above the $40,000...
What to expect from inflation and dollar
Core CPI is projected to climb to 5.9% last month from 5.5% previously
The US dollar was trading lower on Wednesday, struggling to regain upside momentum amid positive risk...
Euro enjoys a short-term bounce as dollar retreats
The common currency edged slightly higher amid fresh hawkish hints from the ECB
Following two days of losses, the euro saw a bounce on Wednesday, deriving support from a weaker dollar....
Euro stays offered, focus shifts to US CPI data
Should the inflation report reveal another jump in consumer prices, the greenback will add to recent gains
The greenback has been retaining a bullish bias since the start of...
