The Gold price has continued its recovery, reaching close to $2,030 as the US Dollar stabilizes. Although there is a pullback in Gold, it lacks strong conviction as traders have scaled back expectations for a Federal Reserve (Fed) rate cut

Christine Lagarde, President of the European Central Bank (ECB), addressed the World Economic Forum (WEF) in Davos on Friday, marking her final appearance at the annual meeting. This followed her participation in panel discussions on “How to Trust Economics” and

The Japanese Yen (JPY) has experienced a notable decline against the US Dollar (USD) since the start of the year. Analysts at Commerzbank are examining the outlook for USD/JPY. The Yen’s depreciation is attributed, in part, to a stronger Dollar,

The US dollar is holding firm near one-month highs, consolidating recent gains following a six-day rally. Comments from Swiss National Bank (SNB) Chief Thomas Jordan expressing concern about the strength of the Swiss Franc are putting pressure on the currency.

The US Dollar is holding steady near one-month highs as investors reevaluate the likelihood of Federal Reserve cuts in March. The Swiss Franc (CHF) is under pressure following hints from SNB Chairman Thomas Jordan regarding a potential shift in monetary

Today’s focal point will be the unveiling of the European Central Bank (ECB) minutes and a panel discussion featuring President Christine Lagarde. Lagarde’s message on Wednesday appeared somewhat nuanced. While aligning with other ECB members in asserting that the market’s

In its monthly oil market report published on Thursday, the International Energy Agency (IEA) lifted the global oil demand growth forecast for 2024. Key takeaways 2024 world oil demand growth forecast raised by 180k bpd to 1.24 mil bpd. Economic