The GBP/USD pair has encountered downward pressure despite UK industrial production exceeding consensus. While energy-related sectors demonstrated notable resilience, the pound remains in a consolidative state below key resistance levels. Although long-term bullish structures persist, the pair’s inability to rally underscores prevailing market caution regarding broader macroeconomic and geopolitical headwinds.

USD/JPY rose to 159.40 on Friday, with the Japanese yen surrendering all the gains accumulated since the beginning of this week. Pressure intensified following comments from Bank of Japan Governor Kazuo Ueda, who failed to provide clear guidance on rates ahead of the next meeting. Ueda noted that the regulator must balance rising inflation against the

Gold prices climbed in Thursday’s trading session on the COMEX exchange (a division of NYMEX), reflecting continued investor demand for safe-haven assets amid global economic uncertainty, AzerNEWS reports. The price of one troy ounce of gold increased by $10.7, reaching $4,819. In contrast, silver prices moved in the opposite direction. The price of one ounce

The US spot crude oil price has significantly retreated from its previous surge, while oil prices in Europe and Asia continue to hit record highs nearly seven weeks into the Iran conflict. The effective paralysis of the Strait of Hormuz and damage to regional facilities have caused global oil flows to become chaotic, with Eurasian