The Gold Spot Price (XAUUSD) rose after Fitch downgraded the United States' security rating from AAA to AA+ due to financial deterioration. This downgrade highlights the pressing issue of government…
Japan’s interest rates remained unchanged at -0.1% last week as the Bank of Japan (BoJ) maintained its ultra-loose monetary policy. The GBPJPY currency pair was subsequently sent skyrocketing, up 3.41%…
The USDCAD currency pair is looking to complete its sixth daily gain in the last seven days, as a sustainable breakout looks imminent despite the recent US credit rating downgrade.…
The AUDUSD currency pair experienced a boost in anticipation of the Reserve Bank of Australia's (RBA) interest rate decision and better-than-expected Chinese Manufacturing data. However, the RBA ultimately held rates…
After almost honouring the Fibonacci Retracement's Golden Ratio and reversing from the level to resume a selloff that began in the previous week, the Gold Spot Price (XAUUSD) started the…
While the sentiment around global demand improves, the supply side in the oil market has boosted the WTI futures (NYMEX: CL) to a 15.8% monthly gain in July, its highest…
Last week, the GBPJPY currency pair experienced a sharp decline following the Bank of Japan's decision to expand the range in which 10-year Japanese government bond yields can trade. While…