Image Source: Unsplash Trump’s second term is off to a flying start.In just a few days, the new president’s first decisions are already making themselves felt.On a visit to Colombia to explore mining sites, I noticed that Trump’s first foreign policy
January 31, 2025
Pound Sterling flattens against USD ahead of US core PCE inflationThe Pound Sterling (GBP) trades in a tight range slightly above the key support of 1.2400 against the US Dollar (USD) in Friday’s European session. The GBP/USD pair steadies despite an increase
The month of January has been somewhat negative for the crude oil market, although it’s probably worth noting that we are in the middle of the range, and this is a range that we have been in for quite some
Image Source: Unsplash Exxon Mobil Corporation (NYSE: XOM) reported its financial performance for the fourth quarter of 2024. The company achieved earnings of $7.6 billion, translating to $1.72 per share. This performance was primarily driven by significant production milestones in the Permian and Guyana
EUR/USD faces selling pressure and declines to near 1.0370 in Friday’s European session. The major currency pair declines as the Euro (EUR) weakens across the board amid a slowdown in inflationary pressures in six German states. Softer-than-expected Consumer Price Index (CPI) data for
Gold hits record high above $2,800/oz Trump’s tariff threats boost safe-haven demand ECB rate cut, BoC easing support gold rally US rates unchanged, PCE data eyed for volatility Trade war fears fuel gold’s monthly surge Gold is poised for its largest monthly gain since March 2024, driven by
Having traversed above the 1.05000 ratio late last week and early this one, the EUR/USD has seen selling develop once again and is battling to remain above the 1.04000 level. The EUR/USD is near the 1.04100 ratio as of this
Image Source: Pixabay Gold prices have entered a bullish consolidation phase after reaching a fresh all-time high of $2,800 during the early European session on Friday. Despite this surge, the Federal Reserve’s hawkish pause and rebounding US bond yields have limited
Silver Price Forecast: XAG/USD Recovers To Near $30.50 As Trump’s Tariff Threats Keep Outlook Intact
Silver price (XAG/USD) recovers a majority of intraday losses and rebounds to near $30.50 in Friday’s European session. The white metal bounces back strongly as its outlook remains firm amid fears that United States (US) President Donald Trump will impose
The US dollar has fallen a bit during the course of the trading session on Thursday, but we continue to see plenty of buyers in this market. This is not a huge surprise, considering just how much of a difference
