Zelenskiy Announces Continued Deep Strikes on Russia and New Role for Former Defence Minister Fedorov
Ukrainian President Zelenskiy stated that Ukraine will persist with deep strikes on Russia under the leadership of its new commander-in-chief. Additionally, former Defence Minister Fedorov has been offered a position to oversee defence technology developments.
Precious Metals Rally Amid U.S.-Iran Tensions and Rising Oil Prices
Precious metals, led by silver, surged as markets reacted to escalating U.S.-Iran tensions, higher oil prices, and the Federal Reserve's outlook. Silver outperformed due to its dual role as a safe-haven asset and industrial demand driver.
U.S. to Impose New Tariffs Over Forced Labor Concerns as Current Stopgap Expires
The U.S. government plans to implement new tariffs on trading partners due to forced labor issues, with measures expected to take effect as early as Friday when the existing stopgap expires. This move aims to address human rights concerns while impacting international trade relations.
USD/MXN Forecast: Mexican peso stays neutral as uncertainty persists
Although USD/MXN has declined more than 0.8% over the last few sessions, favoring the Mexican peso, the broader chart still does not show a clear direction. For now, the Mexican currency remains in an important neutral phase, in a context where the renewed threat of tariffs in North America and the lack of strong signals continue to limit confidence.
Silver Price Forecast: XAG to break resistance trendline, eyes on $60
Silver Price Forecast: XAG to break resistance trendline, eyes on $60
Japanese Yen Forecast: USD/JPY Breakout Bid Meets Major Resistance
USD/JPY has broken out of its July range to trade at fresh yearly highs. Key resistance just overhead may determine whether t.
Gold (XAUUSD), Silver, Platinum Forecasts – Gold Rallies As Traders Ignore Rising Yields
Silver and platinum have also gained strong upside momentum in today's trading session.
Houthi Naval Blockade on Saudi Arabia Raises Risks to Global Oil Supplies
Houthi forces have declared a naval blockade on Saudi Arabia in the Red Sea, causing Saudi crude tankers bound for Asia to reverse course. This escalation in the U.S.-Iran conflict threatens to disrupt global oil shipments and increase volatility in energy markets.
USD/CAD Analysis: Canadian dollar weakens as tariff risks return
It has not been an easy start to the week for the Canadian dollar. Now, renewed weakness in the currency is becoming evident, while USD/CAD has gained more than 0.6% over the last 2 trading sessions, reflecting U.S. dollar strength and a new loss of momentum in the CAD.
Brent Oil Approaches $92 Amid Inflation Concerns While AI Stocks Propel Market Gains
Brent oil prices are nearing $92, raising concerns about persistent inflation and the potential for further Federal Reserve tightening. Despite these inflation fears, AI stocks continue to drive the overall market higher.