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High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not

NEW YORK: Oil prices sank by about 1% a barrel on Monday after Iran’s weekend attack on Israel proved to be less damaging than anticipated, easing concerns of a quickly intensifying conflict that could displace crude barrels. Brent futures for June delivery fell 91 cents to $89.54 a barrel, a 1% loss, by 1:17 p.m.

Dollar bounces slightly in early US trading following unexpectedly strong retail sales data. However, there is no clear follow through buying in the greenback for now. The only exception is USD/JPY which continues to make new 34-year highs. Against others, Dollar might extend its consolidation phase for a while longer, as the impact from rising

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not

Oil futures were barely moved by Iran’s unprecedented attack on Israel, with traders attributing the lackluster price action to the notion that the strike was well-flagged beforehand, and expectations that the conflict will remain contained in the aftermath. As Israel weighs its response to the assault, here’s what market watchers are saying about the outlook:

The forex markets are primarily focused on Yen’s continued broad-based decline as another trading week commences. In particular, the Japanese currency has now reached a new 34-year low against Dollar. Despite frequent official warnings and the expressed readiness to intervene against speculative movements, Japanese authorities have yet to take concrete action. Finance Minister Shunichi Suzuki

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not

Oil rose around 1% on Friday on geopolitical tensions in the Middle East but posted a weekly loss on a bearish world oil demand growth forecast from the International Energy Agency (IEA) and worries about slower U.S. interest rate cuts. Brent crude futures settled up 71 cents at $90.45 a barrel, while U.S. West Texas

UPCOMING EVENTS: Monday: New Zealand Services PMI, Eurozone Industrial Production, US Retail Sales, US NAHB Housing Market Index, PBoC MLF. Tuesday: China Industrial Production and Retail Sales, UK Labour Market report, Eurozone ZEW, Canada CPI, US Housing Starts and Building Permits, US Industrial Production. Wednesday: New Zealand CPI, UK CPI. Thursday: Australia Labour Market report,

Silver prices in the domestic market are at lifetime highs amid multiple catalysts like safe-haven demand due to escalating geopolitical tensions, hopes of US interest rate cuts, speculative buying, and a sharp rally in industrial metals. Meanwhile, the performance of the benchmark London spot silver remained sluggish but hovering near three-year highs. In the key

On Israel TV, a senior Israeli official was cited as saying there will be a ‘significant response’. It don’t think it was ever realistic to think that Israeli would let it end here. So now we wait for the response, and then the response to the response, etc. If you want a silver lining here,

On Friday, spot gold broke above $2,400 mark on reports that Israel is bracing for a direct and unprecedented attack by Iran on government targets as soon as Saturday. However, the metal lost buying momentum after hitting a fresh record high of $2431 to settle lower. The yellow metal closed with a loss of 1.37%

The financial markets were jolted last week by data confirming the stall in disinflation progress in the US. This development prompted traders to quickly revise their expectations regarding Fed’s monetary policy, withdrawing bets on a June rate reduction. This shift in sentiment led to strong rise in treasury yields and corresponding deep decline in stock

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not

Stop and Reverse (SAR) indicator is a powerful tool used by traders to identify potential trend reversals in the price movements of MCX gold and silver contracts. Unlike traditional indicators that follow price trends, the SAR indicator is unique in that it dynamically adjusts its position relative to price, making it particularly effective in spotting

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not

Gold and silver prices rallied for the fourth straight session and hit fresh peaks on Friday, with the yellow metal gaining sharply by Rs 1,050 to breach Rs 73,000 per 10 grams level amid bullish global trend. According to HDFC Securities, gold price surged Rs 1,050 to hit its lifetime high of Rs 73,350 per

Dollar’s rally presses on today and extends into early US session, reflecting continued strength even after a period of brief consolidation. Swiss Franc and Japanese Yen are also rebounding notably, indicating a broader trend of currency strength in traditionally safe-haven assets. This pattern is further underscored by the ongoing record rally in Gold, pointing to