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iran

USD On Watch Into ADP Data
USD On Watch Into ADP Data

USD SoftensThe US Dollar is on watch today following the pullback from yesterday’s multi-month highs. Traders will be looking to the latest ADP employment print this afternoon ahead of Friday’s...

Gold Back Above Key Support As USD Cools
Gold Back Above Key Support As USD Cools

Gold ReboundsGold prices are stabilising today with the futures market trading back above a key support level following a break below yesterday. XAUUSD is sitting back atop the 5,113.51 level today,...

China Manufacturing Jump Underpins Copper
China Manufacturing Jump Underpins Copper

China Data BoostCopper prices are bouncing back today following a sharp move lower yesterday. The recovery comes amidst a cooling in USD as the Dollar pulls back from yesterday’s multi-month highs....

Crude Hits New Highs on US/Iran Escalation
Crude Hits New Highs on US/Iran Escalation

Crude Soars AgainFollowing a brief correction lower yesterday oil prices are pushing firmly higher again today as traders monitor developments in the Middle East. Widespread retaliatory attacks from...

Silver Heavily Sold Amidst USD Rally
Silver Heavily Sold Amidst USD Rally

Metals Reversing LowerSilver prices have come under heavy selling pressure today, extending losses amidst the reversal from yesterday’s highs. The move lower has been heavily influenced by the...

Dollar Rallying on Safe-Haven Flows and Fed Expectations
Dollar Rallying on Safe-Haven Flows and Fed Expectations

Iran Conflict Driving USD Safe-Haven RallyThe US Dollar is pushing firmly higher today with the DXY now up around 1.5% on the week that’s. The move is being fuelled in part by a strong uptick in...

Cable Plunges on Rising UK Political Uncertainty
Cable Plunges on Rising UK Political Uncertainty

Pound Under PressureThe British Pound is coming under heavy selling pressure today with GBPUSD hitting fresh 1-month lows. Part of the move lower is in response to a stronger US-Dollar which has risen...

Crude Volatility Soars on Iran Strikes
Crude Volatility Soars on Iran Strikes

US/Israel Attack IranOil prices are seeing significant volatility at the start of the week following news over the weekend of the US and Israel attacking Iran. Joint missile strikes on Iran led to the...

Gold Breakout Eyed on Safe-Haven Surge
Gold Breakout Eyed on Safe-Haven Surge

Rising Safe-Haven DemandAmidst the market fallout from the US/Israel attack on Iran over the weekend, gold prices have seen fresh safe-haven demand. The futures market is firmly in the green today...