Market News - Gold, Oil &amp; Forex

Is GBP/USD Set for Further Declines After Failing to Clear Key Moving Average?

GBP/USD retreated to 1.3486 on Tuesday, failing to sustain earlier gains as it was rejected near the 200-day moving average. Deteriorating UK economic data and a strong US dollar are weighing on the pair.

27 May 2026 32 days ago

Energy

Crude Oil Slumps As U.S.-Iran Talks Gain Pace Despite Fresh U.S. Attacks On Iran

(RTTNews) - Crude oil prices have tumbled on Tuesday as optimism about a U.S.-Iran peace deal that could lead to reopening of the Strait of Hormuz soon grows despite reports of fresh U.S. strikes on Iran yesterday.

Is Bitcoin Poised for a Golden Cross Amidst Stagnant Crypto Markets?

The cryptocurrency market cap has stalled at $2.57 trillion, with Bitcoin hovering near its 50-day moving average. Traders are watching for a potential 'golden cross' that could signal a bullish turn, despite recent ETF outflows.

Can the Yen Find Stability as Intervention Cools EUR/JPY Momentum?

The Japanese Yen has staged a notable recovery against the Euro, driven by direct government intervention. After breaching 160 against the dollar, Tokyo stepped in with ¥5.5 trillion in late April 2026, arresting the Yen's slide and impacting EUR/JPY's upward trajectory.

Will USD/JPY Break 150 as BoJ Signals Caution Amidst Middle East Tensions?

The Bank of Japan maintains a hawkish stance on policy tightening, but Deputy Governor Himino expressed caution regarding the Middle East conflict's impact on inflation and the Japanese economy. This comes as global bond yields rise.

Is GBP/USD Poised for a Fall After Rejection at 200-SMA and Weakening UK Data?

GBP/USD faced rejection near the key 200-day moving average at 1.3520, signaling fading bullish momentum. This technical hurdle coincides with concerning UK economic data and a resilient US dollar, increasing downside risks for the pair.

Commodities

Gold Slides As U.S.-Iran Standoff, Strait Of Hormuz Closure Continue

(RTTNews) - Gold prices have edged lower on Tuesday amid renewed concerns of inflationary pressure following fresh U.S. military strikes on Iran yesterday while the Strait of Hormuz remains closed for oil and energy transit.

Stocks

Analyst Favorites: ArcelorMittal Ranks As a Top Metals Pick

A study of analyst recommendations at the major brokerages shows that ArcelorMittal SA (Symbol: MT) is the #5 broker analyst pick, on average, out of the 50 stocks making up the Metals Channel Global Mining Titans Index. The Metals Channel Global Mi

Economy

US Consumer Confidence Slips to 93.1 as Middle East Inflation Pressures Weigh on Households

US Conference Board Consumer Confidence edged down from 93.8 to 93.1 in May, slightly beating expectations of 91.6 but still highlighting growing pressure on households from elevated energy costs tied to the Middle East conflict. The decline suggests consumers are becoming somewhat less comfortable with current economic conditions even as broader recession fears remain contained. […] The post US Consumer Confidence Slips to 93.1 as Middle East Inflation Pressures Weigh on Households appeared...

Is Bitcoin's Sideways Dance Signaling a Golden Cross or Stalemate?

The cryptocurrency market cap remains pinned at $2.57 trillion, with Bitcoin trading cautiously just above $77,000, caught between a potential golden cross and persistent ETF outflows.

Can EUR/JPY Break 185 Amid Yen Intervention and Divergent Monetary Policies?

The EUR/JPY pair is testing a key resistance level around 185, following Japan's significant currency intervention in late April 2026 and ongoing divergence in monetary policy between the Bank of Japan and the European Central Bank.

Can the Yen Hold Gains as BoJ Signals Caution Amidst Global Inflationary Pressures?

The Japanese Yen faces a critical juncture as the Bank of Japan maintains a hawkish policy bias, yet Deputy Governor Himino signals caution regarding Middle East-driven inflation. Global bond yields are climbing, adding complexity to the BoJ's tightening path.