Analyzes

Stagflation —a combination of rising inflation and decelerating growth— may be making a comeback. Tensions in the Middle East are not new — but a full-scale war is.

The GBP/USD pair attracts buyers for the third consecutive day and climbs to over a one-week high, around the 1.3485 region, during the first half of the European session on Tuesday.

Following a bearish opening to the week, EUR/USD reversed its direction in the second half of the day on Monday to end marginally higher. The pair holds its ground early Tuesday and trades in positive territory at around 1.1650.

Gold is finding fresh demand, building on its previous rebound in another attempt to regain the $5,200 barrier on Tuesday.  

Spot Gold trades with a negative tone on Monday, amid persistent demand for the US Dollar (USD) due to risk aversion.

The US dollar rallied against the South African rand on Friday, as traders continue to see a lot of risk appetite volatility globally. With this, an opportunity might be presenting itself.