Saudi Air Defences Intercept Drones Targeting Eastern Oil Facilities
Saudi Arabia's Defence Ministry reported the interception and destruction of several drones launched from Iraqi territories aimed at oil facilities in the Eastern Region. The incident underscores ongoing regional security tensions affecting critical energy infrastructure.
GBP/JPY Slips Below 218, As Policy and Politics Collide. What Next?
GBP/JPY had a good run from late-June to mid-July and entered a range pattern from there. Does a clear break below 216 signal a bearish tide?
Pre-FOMC US Dollar Price Action Setups: EUR/USD, USD/JPY, GBP/USD
It's one of those weeks where the range of possible outcomes is far and wide. As we go into tomorrow's Fed meeting there's a peculiar degree of indecision, as there's an approximate 30% probability of rates being hiked tomorrow.
Silver's Peru problem: A local risk the global deficit can't absorb
Silver's Peru problem: A local risk the global deficit can't absorb
Gold (XAUUSD), Silver, Platinum Forecasts – Gold Retreats As Traders Focus On Fed Policy Outlook
Precious metals are losing ground as traders worry about hawkish Fed.
Canadian Dollar Forecast: USD/CAD Recovery Presses a Key Breakout Zone
USD/CAD has recovered from this month's low after a sharp 1.7% pullback from the yearly high, but the advance is now beginning to show signs of exhaustion beneath a major confluence of resistance. Multiple technical studies converge just overhead, making this one of the most important inflection zones since the correction began.
Gold Forecast: XAU/USD loses strength ahead of the Fed decision
Once again, gold is showing signs of short-term weakness. Over the last 4 trading sessions, XAU/USD has accumulated a decline.
XAU/USD Price forecast: Gold bounces on poor US data
XAU/USD Price forecast: Gold bounces on poor US data
Trump Minimizes Zelenskyy’s Claims of Russian Aid to Iran, Plans Discussion with Putin Amid GOP Sanctions Push
President Trump downplayed Ukrainian President Zelenskyy's allegations that Russia is assisting Iran, describing any aid as 'very un-impactful.' Meanwhile, Republican lawmakers are advancing Senator Graham's Russia sanctions bill ahead of the August recess.
Pound Sterling Price News and Forecast: GBP/USD has nothing to say in front of two central banks
Pound Sterling Price News and Forecast: GBP/USD has nothing to say in front of two central banks