GBP/USD Holds Near Weekly Highs as Dollar Weakens Amid Geopolitical Uncertainty
GBP/USD Holds Near Weekly Highs as Dollar Weakens Amid Geopolitical Uncertainty HG MARKETS: The British Pound (GBP) held firm against the US Dollar (USD) during Monday’s European session, with GBP/USD trading close to weekly highs near the 1.3550 level. The pair found support around the key psychological mark of 1.3500 earlier in the day, as […]
Oil Prices Surge as Donald Trump Signals No Urgency in Ending Iran Conflict
Oil Prices Surge as Donald Trump Signals No Urgency in Ending Iran Conflict HG MARKETS: Global oil prices climbed sharply on Friday amid rising concerns that tensions between the United States and Iran could escalate into a prolonged conflict. Comments from Donald Trump indicating there was no urgency to finalize a peace agreement added to […]
EUR/USD Pauses Near 1.1750 as Iran’s Ceasefire Unravels
EUR/USD Pauses Near 1.1750 as Iran’s Ceasefire Unravels HG MARKETS: The Euro (EUR) experienced modest gains against the US Dollar (USD) on Wednesday. Despite the slight increase, the currency pair remains near the lower end of the recent trading range, hovering around 1.1750. This comes as hopes for a positive resolution to the US-Iran peace […]
Gold Declines Further as Oil Surge and U.S.-Iran Tensions Drive Market Sentiment
Gold Declines Further as Oil Surge and U.S.-Iran Tensions Drive Market Sentiment HG MARKETS: Gold prices declined further during Monday’s Asian session, pressured by a sharp rebound in oil prices and a stronger U.S. dollar as geopolitical tensions between the United States and Iran intensified. Spot gold fell 0.9% to $4,786 per ounce, while gold […]
S&P 500 Hits New Record Highs, Continues Winning Streak
S&P 500 Hits New Record Highs, Continues Winning Streak HG MARKETS: The S&P 500 has recently reached a new record high on April 16, 2026, continuing its strong upward momentum in global markets. This steady rise reflects growing investor confidence and a positive outlook toward economic recovery. Strong corporate earnings and stable financial conditions have […]
Geopolitical Volatility and the Hormuz Blockade: Assessing the Divergent Path for Global Crude Benchmarks
Geopolitical Volatility and the Hormuz Blockade: Assessing the Divergent Path for Global Crude Benchmarks HG MARKETS: Crude oil benchmarks remained largely range-bound during Wednesday’s trading session as market participants weighed the possibility of renewed U.S.–Iran diplomatic talks against the ongoing physical supply squeeze caused by the closure of the Strait of Hormuz. By early morning […]
US Dollar Index holds steady around 99.00 after trimming recent advances
US Dollar Index holds steady around 99.00 after trimming recent advances HG MARKETS: The US Dollar Index (DXY), which gauges the dollar’s strength against six major currencies, remains in positive territory, although it has pared some of its earlier gains and is currently, trading around 99.00 on Monday. The greenback gained support amid heightened demand […]
Israeli attacks on Lebanon threaten fragile ceasefire
Israeli attacks on Lebanon threaten fragile ceasefire HG MARKETS: Israel’s military announced that it conducted strikes against Hezbollah militants aligned with Iran in Lebanon on Friday. This escalation could potentially hinder efforts to establish a long-term ceasefire between the U.S. and Iran, which are expected to be discussed in upcoming weekend negotiations. The developments in […]
Bullion climbs to near three week top following Trump Iran ceasefire
Bullion climbs to near three‑week top following Trump‑Iran ceasefire HG MARKETS: Gold climbed to a three-week high on Wednesday as the U.S. dollar weakened following President Donald Trump’s announcement of a two-week ceasefire with Iran, halting planned attacks on the country’s civilian infrastructure. Spot gold jumped 2.7%, hitting $4,832.51 per ounce, its highest since March 19.U.S. […]
Crude Oil Trims Gains Amid Iran Ceasefire Talk Reports; Trump Deadline in Spotlight
Crude Oil Trims Gains Amid Iran Ceasefire Talk Reports; Trump Deadline in Spotlight HG MARKETS: Oil prices pared earlier gains during Asian trading on Monday as investors assessed reports of a possible U.S.–Iran ceasefire, along with President Donald Trump’s deadline for Iran to reopen the Strait of Hormuz. Brent crude futures for June delivery edged […]