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Markets
XAG/USD hits record $67.45, eyes $68.00 target
Silver price rallies to a new all-time high of $67.45 even though US Treasury yields and the Dollar remained firm on Friday, amid the lack of catalysts, except for the US Consumer…
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Winter Holiday blues after Central Banks’ frenzy
The US Dollar Index (DXY) is on a three-day winning streak, although gains are modest, the index is heading into the weekly close near the 98.60 price region, after a…
Drifts lower as UK data disappoints and Fed cautious tone caps upside
GBP/USD drifts lower as UK data disappoints and Fed cautious tone caps upsideThe GBP/USD pair hovers around familiar levels, yet it has dropped below the 1.3400 mark on Friday…
Gold consolidates below $4,350 amid firm US Dollar
Gold (XAU/USD) Gold (XAU/USD) regains ground on Friday, edging modestly higher after earlier weakness, even as a resilient US Dollar (USD) caps upside momentum. At the time of…
GBP/USD drifts lower as UK data disappoints, BoE-Fed divergence looms
The GBP/USD hovers around familiar levels yet it has dropped below the 1.3400 mark on Friday after Retail Sales in the UK missed estimates and Fed speakers crossed the wires. At…
The Brexit implementation fiasco
The writer is chair of Marshall Wace, a multi-asset managerPublic opinion in the UK is settling on the view that Brexit has been an economic failure. So far, it is hard to argue…
Catching up with Santa
S&P 500 and Nasdaq ran into and after CPI, but that three times the buyers ran out of steam – the 6,850s area proved a tough nut to crack. The premarket push higher provided a…
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VanEck Gold Miners ETF ($GDX) extreme area offers a buying opportunity
In today’s article, we’ll examine the recent performance of VanEck Gold Miners ETF ($GDX) through the lens of Elliott Wave Theory. We’ll review how the rally from the Nov 2025 low…