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Risk aversion rebounded; USD extended losses post-Monday open, gold hit 3-week high.
On Monday (June 2), the Trump administrations steel tariffs escalated global trade tensions. The intensification of the Russia-Ukraine conflict over the weekend also sharply increased geopolitical ris
What's the best way to learn about Forex Trading?
The best way to learn Forex trading is through a mix of structured education, hands-on practice, and reliable mentorship. Heres a step-by-step approach that works for beginners and even intermediate t
PU Prime Launches Exclusive Trading Contest for Canada
PU Prime is excited to unveil the Canada Trading Contest — a dynamic, month-long trading competition crafted exclusively for Canadian traders. Running from 1 to 30 June 2025, this event offers partici
DBG Markets: Market Report for Jun 03, 2025
Market OverviewGOLDRecent fundamental ongoings, particularly these heightened global trade and geopolitical concerns, have allowed GOLD prices to return with a strong bullish push. It has broken throu
Before and After: EBC Compares Indonesia's Monetary Policy Shifts
Indonesia stands at a crucial economic junction as Bank Indonesia implements its second interest rate cut this year. With GDP growth slowing to its lowest point in three years and global uncertainties
FPG GBPUSD Market Report June 3, 2025
GBPUSD is currently around 1.35205, approaching a major resistance zone after a sustained bullish rally throughout May. The pair has shown a strong uptrend structure, but multiple wicks near resistanc
Today's Financial Headlines: A Quick Rundown
Market Overview The global landscape is increasingly defined by trade tensions, particularly between the U.S. and China. Recent U.S. actions—such as revoking Chinese student visas linked to c
Key Economic Indicators: What to Watch Today
Market OverviewThe global landscape is increasingly defined by trade tensions, particularly between the U.S. and China. Recent U.S. actions—such as revoking Chinese student visas linked to critical fi
Safe-Haven Demand Lifts Gold Prices, But Bullish Momentum Shows Signs of Fatigue
Gold prices continued their upward trajectory this week, approaching a one-month high and refocusing market attention on its role as a safe-haven asset. Rather than attributing the rally solely to “ro
TUESDAY TRADING
BUY GOLD 3375. and below TP 3421SELLGOLD 3445 and above TP 3350BUY EURUSD 1.1390 target 1.1475SELL EURUSD 1.1480 target 1.1390BUY GBPUSD 1.3485 target 1.3585SELL GBPUSD 1.3590 target 1.3495BUY USDJPY
Safe-Haven Demand Boosts Gold to Three-Week High
Market OverviewIn early Asian trading on Tuesday, June 3, gold prices climbed to around $3,390 per ounce after rallying more than 2% on Monday to a three-week high. A weaker U.S. dollar, heightened ge
IC Markets Global Renews Sponsorship of World Table Tennis Championships, Supporting the Successful
IC Markets Global, a leading global financial services provider, has renewed its partnership with the World Table Tennis Championships for a second consecutive year, once again serving as the Official
Gold Rally Enters High-Altitude Consolidation: A Subtle Shift in Capital Flows
In early Asian trading on June 2, spot gold opened higher and extended gains, surging over $20 intraday to peak at $3,316.50 per ounce. This upswing was largely driven by heightened geopolitical tensi
DBG Markets: Market Report for Jun 02, 2025
Market OverviewGOLDGOLD prices remain consolidated, with prices situated on the EMA200 and the lower boundary of the consolidation barrier. The MACD and RSI are also currently indicating consolidation
Today's Must-Know Market Updates
Market Analysis GOLD GOLD prices remain consolidated, with prices resting on the EMA200 and the lower boundary of the consolidation range. The MACD and RSI indicators are also cu
Understanding Today's News
Market Analysis GOLD GOLD prices remain consolidated, with prices resting on the EMA200 and the lower boundary of the consolidation range. The MACD and RSI indicators are also cu
MONDAY TRADING
BUY GOLD 3280. and below TP 3340SELLGOLD 3350 and above TP 3260BUY EURUSD 1.1300 target 1.1390SELL EURUSD 1.1380 target 1.1295BUY GBPUSD 1.3400 target 1.3500SELL GBPUSD 1.3490 target 1.3410BUY USDJPY
Dollar Slips Below 100 as Trade Tensions Resurface; Eyes on Powell and ISM PMI
Key Takeaways:Market uncertainties surrounding White House trade policy weakened the dollars strength.Market eyes on today‘s U.S. PMI reading to gauge the strength of the dollar. Market Summary:The U.
Risk-Off Sentiment Returns as Gold Surges $20
Market OverviewU.S. equities closed mixed on Friday after a volatile session driven by renewed tensions surrounding former President Trumps tariff policies and fresh reports of tech-related sanctions.
FPG XAUUSD Market Report June 2, 2025
FPG XAUUSD Market Report June 2, 2025Gold (XAUUSD) is currently around 3289.14, moving sideways after an extended bullish trend. The market shows signs of consolidation as bullish momentum fades below