Silver has been garnering increasing attention from investors due to its promising technical chart patterns. Recently, the metal formed a double-bottom pattern near a key support level, a classic indicator suggesting a potential breakout. This formation signals that selling pressure might be waning and that bullish momentum could soon take center stage. The double-bottom, combined
Forex News
In the current cryptocurrency landscape, Mara Holdings (NASDAQ: MARA) stands out as a beacon of resilience and strategic foresight. Recently, the company’s midyear outlook ignited a significant rally, propelling its stock about 11% higher. While many might interpret this as a simple reaction to short-term news, it masks a deeper, more compelling narrative of long-term
Crude oil prices are exhibiting a cautious stance, trading within a narrow corridor near $64.50 per barrel. This sideways movement marks a stark contrast to the volatile swings seen in previous weeks, primarily driven by geopolitical tensions. The recent Iran–Israel ceasefire temporarily eased geopolitical fears, leading to a decline in risk premiums that had kept
In the first half of 2025, the US Dollar experienced an unprecedented downturn, marking its worst start to a year since the currency’s floating era began in 1973. With a more than 10% decline against other major currencies, the Greenback’s tumble reflects deep-rooted structural vulnerabilities and shifts in investor sentiment. This decline is not merely
The New Zealand Dollar (NZD), often known colloquially as the “Kiwi,” has quietly yet decisively gained traction against the US Dollar (USD), nudging closer to the 0.6080 mark during early European trading sessions this week. This recent surge, marking a six-day consecutive climb, is far from a random market fluctuation. Instead, it encapsulates a broader
The EUR/JPY currency pair has recently propelled itself to heights not witnessed since mid-2024, flirting with the psychologically significant 170.00 mark. This robust surge primarily stems from the widening chasm between the European Central Bank’s hawkish posture and the Bank of Japan’s persistent dovish stance. While the Eurozone grapples with mixed economic sentiment, the Euro
In the midst of fluctuating global economic landscapes, the Australian Dollar (AUD) has demonstrated remarkable strength, extending its gaining streak for four consecutive sessions as of Thursday. The ongoing geopolitical tensions, particularly surrounding the US-Iran discourse, have inadvertently bolstered the AUD’s position against the US Dollar (USD). This resilience calls into question prevailing perceptions of
In recent trading sessions, the Pound Sterling (GBP) has exhibited impressive strength, firmly positioned around the 1.3650 mark against the US Dollar (USD). This surge comes on the heels of significant geopolitical developments, notably the truce between Israel and Iran announced earlier this week. As the global market digests the implications of this peace initiative,
In an unexpected turn of events, gold prices witnessed a decline as geopolitical tensions eased with the announcement of a ceasefire between Israel and Iran, proclaimed by U.S. President Donald Trump. The proclamation came via a social media post where he emphasized the importance of stability in the Middle East. This announcement, however, has triggered
In the volatile world of currency exchange, the British Pound (GBP) has proved to be surprisingly resilient amidst the storm of geopolitical tension and mixed economic indicators. Recently, GBP/USD experienced a notable ascent from a low of 1.3369 to around 1.3500, marking a 0.37% increase against the US Dollar. This shift is particularly striking given
On what began as a promising Friday for the U.S. stock market, the indices were set for a positive charge, only to recoil amid turbulence. Investors witnessed an intriguing session where optimism quickly turned to caution. Initially, the S&P 500 soared by 0.5%, but the joy was short-lived as the index and its counterparts soon
The currency pair GBP/USD finds itself in a precarious position as it hovers around the 1.3382 mark, a significant decline following a tumultuous week for Britain’s economy and geopolitical tensions that have sparked a flight towards the safe-haven US Dollar. The recent decisions made by the Bank of England (BoE) to maintain interest rates, set