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Gold Extends Rally as Treasury Buyback Plan Pressures Dollar

August 24, 2026 6:41 am
Key Moments Gold (XAU/USD) trades near $4,625 in early Asian hours, its highest level since May 15. US Treasury signals potential bond buybacks beyond $4 billion, weighing on yields and the US Dollar. Technical setup remains bullish, with XAU/USD above key moving averages but showing overbought RSI readings. Gold Climbs as Treasury Signals Expanded Buybacks […] Read more

Sterling Targets Fresh Highs as Dollar Weakness

August 24, 2026 6:09 am
Key Moments GBP/USD trades in the mid-1.3600s, hovering just below its highest level since February 11. Reduced expectations for imminent Fed rate hikes and lower US bond yields keep the US Dollar under pressure. Geopolitical tensions and oil-driven inflation risks may cushion USD downside and cap further gains in GBP/USD. GBP/USD Holds Firm Near Recent […] Read more

Euro-Canadian Dollar Pair Retreats as Oil Rally Lifts CAD

August 20, 2026 9:31 am
Key Moments EUR/CAD pauses a three-day advance and trades near 1.6110 as the Canadian Dollar gains on stronger crude prices. US Treasury plans to double long-term note and bond buybacks in the next quarter, a move expected to pressure the US Dollar and underpin the Euro. German producer prices rise 3.0% year-on-year in July, beating […] Read more

Merck Eases After 52-Week High on mRNA Cancer Data

August 20, 2026 9:02 am
Key Moments Merck & Co. (NYSE:MRK) is down 1.1% in pre-market trading after a sharp rally to a new 52-week high of $153.50 in the prior session. The move follows Phase 3 INTerpath-001 results showing Merck and Moderna’s personalized mRNA cancer vaccine intismeran autogene plus Keytruda met primary and key secondary endpoints in over 1,100 […] Read more

Oil Rises as Iran Sanctions Tighten Despite U.S. Crude Build

August 20, 2026 8:30 am
Key Moments ICE Brent traded above $92/bbl and NYMEX WTI moved past $86/bbl as crude extended its rally for a fifth straight session. U.S. commercial crude inventories rose by 4.4 million barrels to 428.8 million barrels, the third weekly increase and the highest level since May. Refinery utilization climbed to 97.2%, while distillate inventories dropped […] Read more

Euro Holds Near Multi-Month Highs as Fed, Iran Weigh Dollar

August 20, 2026 7:41 am
Key Moments EUR/USD has paused in a bullish consolidation after touching its highest level since late May, with bulls eyeing a sustained break above 1.1700. US Dollar stabilization, driven by hawkish FOMC Minutes and safe-haven demand linked to Iran risks, has capped further EUR/USD gains. Expectations of a September ECB rate hike and ongoing tightening […] Read more

WTI Climbs on Middle East Tensions, U.S. Inventory Data

August 20, 2026 6:21 am
Key Moments: WTI trades near $85.50 per barrel in Asian hours after a prior session pullback, supported by escalating U.S.-Iran tensions. UAE suspends all financial and economic dealings with Iran following alleged missile attacks, while Gulf exporters keep supplies flowing via alternative routes. EIA reports a 4.4 million barrel increase in U.S. crude inventories, alongside […] Read more

Silver Holds Near $63 as Fed and Geopolitical Risks Weigh

August 19, 2026 1:01 pm
Key Moments Silver (XAG/USD) trades around $63.45, up 0.16% after rebounding from an intraday low of $62.19 and Tuesday’s pullback from the $66.50 area. Heightened Middle East tensions and elevated Oil prices sustain inflation worries and restrain demand for precious metals despite a softer US Dollar and lower Treasury yields. Markets focus on the FOMC […] Read more

Sterling Holds Near Yen Lows Despite Firm UK Inflation Data

August 19, 2026 8:24 am
Key Moments GBP/JPY trades near its intraday low around 215.70 following the release of UK July CPI figures. UK headline CPI rises to 2.9% YoY in July, in line with expectations, while core CPI holds at 2.6% YoY rather than easing. JPY outperforms major peers as markets price in a potential 25 bps Bank of […] Read more

Kiwi Slides as Dollar Strength, Geopolitical Tensions Weigh

August 19, 2026 6:00 am
Key Moments NZD/USD extended its pullback from the 0.5925 area, dropping toward the mid-0.5800s and marking a fresh weekly low. Rising U.S. Treasury yields, supported by inflation risks linked to higher oil prices and Middle East tensions, continued to underpin the U.S. Dollar. A hawkish stance from the Reserve Bank of New Zealand and expectations […] Read more