Oil prices stabilized on Thursday (February 12th), as the market reassigned a risk premium to US-Iran tensions despite US inventory data showing swelling domestic supplies. This movement confirms one thing: geopolitical headlines are still more "noise" than signals of a short-term surplus. As of 3:50 PM WIB, Brent was at $69.60/barrel (+0.29%) and WTI was at $64.83/barrel (+0.31%). The gains were moderate, but enough to keep prices near the psychological $70 level for Brent. From a geopolitical perspective, market focus is on the potential for escalation in the Middle East. Recent reports...
The US Dollar Index (DXY) remained slightly higher in a quiet year-end session on Wednesday. However, it has lost most of its intraday gains, having peaked at 98.44, and is trading near 98.25 ahead of the US open. The DXY, which measures the greenback against a basket of six currencies, is trading about 2% below its November peak of 100.40 and is on track for a nearly 10% annual decline, its weakest performance in eight years. The US dollar has been one of the weakest performers in the G8 in 2025. Investor concerns about the impact of US President Donald Trump's erratic trade policies and...
EUR/USD loses ground for the sixth consecutive day on Wednesday, trading below 1.1730 after peaking above 1.1800 last week. The pair struggles amid a moderate US Dollar (USD) rebound following the release of December's Federal Reserve Monetary Policy Meeting minutes. From a wider perspective, however, the common currency remains on track to a 14% yearly appreciation, boosted by the monetary policy divergence between the European Central Bank (ECB) and the Fed. Apart from that, US President Donald Trump's erratic trade policies and the softening US economy have weighed heavily on the...
The US Dollar Index (DXY) remains marginally higher in a quiet year-end session on Wednesday. Still, the Index has given away most of the daily gains, after peaking at 98.44, and trades near 98.25 heading into the US session opening. The DXY, which measures the value of the greenback against a basket of six currencies, is trading about 2% below November's peak, at 100.40, and on track to a nearly 10% yearly depreciation, its weakest performance in the last eight years. The US Dollar has been one of the weakest G8 performers in 2025Investors' concerns about the impact of US President Donald...
Gold prices fell today as many investors took profits after a long rally that had seen them reach record highs. When a large number of investors sold to lock in profits, this selling pressure automatically put downward pressure on prices in the global market. In addition to profit-taking, the market also experienced a technical correction towards the end of the year. After a significant increase in the past few days, this correction is normal as the market adjusts prices and seeks a new equilibrium level before entering the new year. Although gold prices have fallen temporarily, gold's...
Gold prices (XAU/USD) continued their rally and held above $4,350 in early European trading on Wednesday. So far this year, gold has risen around 65% and is poised for its biggest annual gain since 1979, making many market participants increasingly curious: will this trend continue or is it starting to face a correction? The main driver of gold's rally comes from expectations of a US interest rate cut in 2026. When interest rates fall, the opportunity cost of holding gold shrinks because gold doesn't provide the same yield as bonds. Furthermore, global uncertainty remains high—from the...
Silver prices traded steadily on Wednesday, December 31, 2025, as the year draws to a close. Price movements tended to be limited as many investors opted to hold off amid low liquidity and a relatively quiet market due to the New Year holiday. The current price level is around $75 per ounce, demonstrating silver's resilience despite some minor fluctuations. Throughout the year, silver has recorded significant gains, as investor interest in the precious metal increased. The price surge was driven by central bank buying, inflation concerns, and global economic uncertainty. However, some...
The GBP/USD exchange rate moved steadily around 1.3465 in early Asian trading on Wednesday (December 31). This relatively calm movement occurred because trading volume was expected to be thin ahead of the New Year holiday. However, signals from the Bank of England that it was still open to gradual interest rate cuts provided some support for the pound sterling against the US dollar. At its December policy meeting, the Bank of England cut interest rates to 3.75%, the lowest level in almost three years. Governor Andrew Bailey emphasized that the policy direction remains downward, but the...
Global gold prices have stabilized after weakening at the end of the year. However, gold remains on track for its best annual performance since 1979, in line with silver's performance. Spot gold prices are hovering around US$4,335 per ounce, slightly strengthening after a sharp decline earlier this week. Meanwhile, silver prices remain above US$75 per ounce. Throughout this month, precious metal prices have fluctuated considerably. Gold and silver briefly set consecutive record highs before eventually correcting as investors began to take profits from price rallies deemed too rapid. This...
Gold rises in the early Asian trade. There's a broad commodities uptrend, driven by macro uncertainty, a weaker dollar, and persistent demand for "hard" assets, says Fawad Razaqzada, market analyst...
Oil extended declines after OPEC+ agreed to a bigger-than-expected production increase next month, raising concerns about oversupply just as US tariffs fan fears about the demand outlook.
Brent...
The Japanese Yen (JPY) weakened against its US counterpart and reversed part of Friday's recovery from the lowest level since July 23 following Bank of Japan (BOJ) Governor Kazuo Ueda's remarks....