Analyzes

Gold prices have surged to record highs near $4,800 per ounce, driven by safe-haven demand amid U.S. – EU tensions over Greenland and weakening Dollar confidence.

The USD/SGD pair fell sharply to test recent lows near 1.28375 as global risk sentiment deteriorates, with Trump’s Davos speech in focus.

The USD/BRL continues to trade within a tight range near 5.3750, but upcoming remarks from President Trump at Davos could spark short-term volatility.

The prospect of a renewed US/EU trade war over Greenland could produce wild moves in this currency pair

USD/JPY experienced major volatility on Tuesday amid rising Japanese bond yields, but strong carry trade dynamics continue to favor the US dollar.

Following a two-day rally that lifted EUR/USD to a fresh three-week high above 1.1750, the pair corrects lower toward 1.1700 in the European session on Wednesday. Investors adopt a cautious stance as they await US President Donald Trump’s speech at the World Economic Forum in Davos.