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ActionForex

Volatile ETF Flows Signal Investor Caution in the Gold Market

Gold ETF flows experienced significant volatility in Q1 2024, with March outflows contrasting against a strong start to the year. Total inflows for the quarter were notably lower than the previous year, driven by elevate...

FXStreet

ECB: Expected to hike in June as inflation risks build – Commerzbank

Commerzbank analysts Dr. Jörg Krämer and Bernd Weidensteiner anticipate the European Central Bank (ECB) will maintain current interest rates at its upcoming meeting but forecast a rate hike in June if the Strait of Hormu...

ActionForex

USDJPY Slows on Approach to 160 Zone as Japan’s Authorities Repeat Signals of Potential Intervention

USDJPY has slowed its upward momentum as it approaches the psychological 160.00 level, with Japan's authorities reiterating signals of potential market intervention to curb excessive yen weakness. The pair has traded nea...

Argaam

‎Poll: How did Saudi banks perform in Q1 2026

Saudi listed banks reported an 8% increase in net profits for Q1 2026, reaching SAR 23.95 billion, compared to SAR 22.26 billion in the same period last year. All banks saw profit growth except Saudi Awwal Bank (SAB), wh...

InvestingLive

USDCAD swings up & down & back up again. The 200 hour MA is barometer for buyers/sellers

Canadian retail sales data showed mixed results, with headline sales rising 0.7% (vs. 0.9% expected) but prior revisions to 1.2% softened the disappointment. Excluding automobiles, sales grew 0.5% (vs. 0.8% expected), wi...

Argaam

‎Middle East crisis reshapes global gas market: IEA

The International Energy Agency (IEA) has warned that the ongoing Middle East crisis is disrupting global natural gas markets, causing a major supply shock and delaying the anticipated LNG expansion. Infrastructure damag...

InvestingLive

USDCHF tries to extend back above the 100 day MA at 0.7864 but stalled. Key barometer.

The USDCHF pair initially rose above the 100-day moving average (MA) at 0.7864, a key technical level, but failed to sustain momentum and retreated. The pair faced resistance between 0.7869 and 0.7878, aligning with the...

ActionForex

Dollar Eases as US–Iran Talk Hopes Rise, Markets on Guard for Weekend Risk

The US dollar retreated slightly from its weekly gains as optimism grew over potential progress in US-Iran nuclear talks. This shift in market sentiment led to a modest pullback in oil prices, with Brent crude dipping to...

ActionForex

Canada Retail Sales Rise 0.7% in February, Miss Expectations Despite Broad Gains

Canada's retail sales increased by 0.7% month-on-month in February, reaching CAD 72.1 billion, below the forecasted 0.9% growth. The rise was broad-based, with seven of nine subsectors reporting gains, led by motor vehic...

FXStreet

DXY: Range holds as energy shock eases – BBH

Brown Brothers Harriman's (BBH) analyst Elias Haddad highlights that the US-Iran tensions in the Strait of Hormuz remain a key factor supporting elevated Brent crude prices, which in turn underpin the US Dollar (DXY). Ho...

FXStreet

Iran’s Araghchi to reach Pakistan on Friday for another round of peace talks with US

Iran's Foreign Minister Seyed Abbas Araghchi is set to arrive in Islamabad on Friday for the second round of indirect peace talks with the United States, as reported by Al Arabiya. The visit includes a small delegation a...

CoinTelegraph

Metaplanet raises $50M in zero-interest bonds to buy more Bitcoin

Metaplanet, a digital asset management firm, has secured $50 million in zero-interest bonds from EVO FUND to increase its Bitcoin holdings. This capital raise aligns with the company's strategy of leveraging capital mark...

ActionForex

Weekly Recap: Dollar, Crude Oil and S&P500 Continues Their Growth

The US dollar has extended its gains amid heightened geopolitical tensions in the Middle East, particularly due to the US strategy to restrict Iranian oil exports by targeting the Strait of Hormuz. This approach has incr...

ActionForex

Dollar Gaining Ground, Mirroring the 2022 Pattern

The US dollar has been gaining strength against major currencies, echoing patterns observed during 2022. Traders are positioning for a repeat of the European Central Bank's (ECB) tightening cycle, which historically weak...

Finance Magnates

FCA Led Operation Targets Finfluencers After 1,267 Illegal Ads Reach 2.3M UK Users

The UK's Financial Conduct Authority (FCA) led a global enforcement operation targeting unauthorized financial promotions by 'finfluencers,' removing 1,267 illegal ads that reached 2.3 million UK users. The operation, in...

FXStreet

USD/JPY: Higher range capped below 160.05 – UOB

United Overseas Bank (UOB) strategists Quek Ser Leang and Lee Sue Ann reported that USD/JPY has risen to 159.84, confirming earlier expectations of a retest at 159.65. They anticipate the pair will remain within an intra...

ActionForex

Gold Falls Nearly 3.0% Over the Week Amid Geopolitical Pressure

Gold prices fell nearly 3% over the week as tensions between the US and Iran over the Strait of Hormuz escalated. The standoff has driven energy prices higher and intensified inflation concerns, reducing demand for gold...

FXStreet

US Dollar Index (DXY) holds gains near 99.00 as geopolitical tensions grow

The US Dollar Index (DXY) remains resilient near 99.00 as geopolitical tensions between the US and Iran intensify, driving risk-averse positioning. The index has gained 0.4% this week, reflecting investors' flight to saf...

FXStreet

USD: Cautious tone into weekend – ING

ING's Chris Turner highlights that rising Gulf tensions and expanding inflationary pressures are discouraging investors from taking short positions against the US Dollar (USD). He notes that short-dated US yields remain...

FXStreet

GBP/USD Price Forecast: Bulls seem hesitant as US-Iran tensions counter Fed-BoE divergence

The GBP/USD pair has shown a modest recovery in the first half of the European session, rebounding from a two-week low near 1.3400. This partial reversal follows the previous day's losses, driven by a mix of geopolitical...