Spot gold ticked lower this morning after the US imposed sanctions on Russia however, bullion continues to feed off geopolitics leading up to the Fed’s March meet.
The Euro continues to shrug off headlines tracking the crisis in the Ukraine. The currency may turn lower if ECB vs. Fed monetary policy bets retake center stage in earnest.
Brent crude oil prices climbed to fresh 7-year highs as investors mulled sanctions imposed on Russia by the US and its allies after the Ukraine situation escalated this week. Iran…
Wall Street stocks fell for a third day as geopolitical tensions continued to spiral between Ukraine and Russia. The RBNZ raised interest rate by another 25bps. Asia-Pacific stocks rebounded mildly...
The New Zealand Dollar gained on a hawkish RBNZ rate hike, pushing NZD/USD to continue reversing the downtrend from November. Ukraine and US PCE data remain key downside risks.
The sentiment-linked Australian Dollar rose as the anti-risk Japanese Yen weakened despite Ukraine geopolitical tensions, why? Ahead, the New Zealand Dollar is eyeing the RBNZ.
Gold prices surged more than 7.5% off the January low with the breakout now probing technical resistance near the 2021 high. Levels to know on the XAU/USD weekly chart.