Patience Is A Virtue: Bank of Japan Holds Steady

Crude oil starts the week with moderate gains after three consecutive weeks of losses. Tensions in the Middle East have escalated after the U.S. imposed new sanctions on individuals and vessels involved in exporting Iranian crude to China, which could impact global supply. However, gains are limited by concerns that Trump’s tariffs on steel and […]

USDJPY resumes uptrend, unlocks 3½-month high Short-term bias is positive; July’s barrier could pose a test USDJPY broke into the 155.00 territory for the first time since July, reigniting optimism that the upleg which started in mid-September has more room to run. That said, the pair seems to be facing an obstacle near the 155.20 […]

The price of gold continues its impressive ascent, balancing around $2500 per troy ounce early this week, hovering near record peaks. The primary catalyst driving this rally is the intensified demand for safe-haven assets amid ongoing geopolitical tensions. The spotlight remains on the Middle East conflict, with U.S. Secretary of State Antony Blinken slated to […]