Crude oil prices rose 1% yesterday after Iran detained a tanker in Omani waters, increasing the potential for conflict escalation in the Middle East. The ship was due to sail to Türkiye. The detentions coincide with a weeks-long series of attacks by the Iran-backed Houthi militia in Yemen, target...

Gold prices are still moving stable. The market is still waiting for inflation data to be announced this week, which could provide a clue about the direction of the Fed's interest rates. The spot price of gold only rose less than 0.1% yesterday after touching a three-week low on Monday. If inflati...

The dollar remained relatively stable on Wednesday. The market is still waiting for inflation data this week which is expected to influence the Fed's decision regarding interest rates. The dollar index was still moving in the 102.54 area at 11.31 WIB today, after strengthening 0.215% yesterday. The...

Gold prices rallied in late December, but declined in early January as traders were reluctant to be bullish, fearing a deep interest rate cut in 2024 would not be implemented. Although the FOMC will lower borrowing costs, expectations of easing seem extreme, considering the economy is not yet close...

The dollar is still stable at the beginning of 2024 after weakening at the end of 2023 due to expectations that the Fed will end the cycle of increasing interest rates and prepare to cut interest rates. Market expectations are for an interest rate cut of 140 basis points throughout this year. Accord...

Gold prices (XAU/USD) remain positive despite gains in the American Dollar (USD) during the early Asian session on Monday. Better than expected US employment data on Friday increased demand for the Dollar. Even so, this week's inflation data will be very important. Currently, gold price is trading a...

The US dollar, based on dollar index readings, weakened yesterday following strengthening in the previous week, in line with the correction that occurred in US government bond yields ahead of the release of important economic data this week, including CPI data next Thursday. The Fed has committed t...

The dollar steadies ahead of the eagerly awaited US inflation report, creating tension in markets. Uncertainty at the start of the year appears to be easing as chances of an interest rate cut by the Federal Reserve (Fed) begin to decline. The latest survey shows a 64 percent probability that the Fed...