Analysis, education and company news from our Dubai desk — practical reading for anyone trading Forex, indices and commodities.
The US Treasury’s decision to expand bond buybacks has improved market sentiment, pushing Treasury yields lower and supporting equities and cryptocurrencies. Meanwhile, gold remains near recent highs but faces pressure from a stronger US dollar and hawkish Fed expectations.
For most of the financial market, the Strait of Hormuz is an oil story.
Dubai's equity market is entering the final sessions of the week with investors weighing a difficult combination of regional security risk, elevated oil prices and an increasingly complicated global macroeconomic backdrop.
Gold remains under short-term bearish pressure after falling from recent highs, while Brent holds a bullish structure and GBP/USD shows signs of recovery. Key support and resistance levels highlight potential areas to watch across the three markets.
Gold retreats below the $4,400 level as the US dollar stabilizes, while Brent maintains a bullish short-term structure and GBP/USD faces corrective pressure.
Global forex and commodity markets ended the week with investors balancing softer U.S. economic data against renewed geopolitical risks in the Middle East. The U.S. dollar weakened after disappointing retail sales, gold received support from a softer dollar and reduced expectations for a Federal Reserve rate hike, while crude oil climbed as concerns over Middle East supply risks returned to focus.
Gold is correcting after reaching a two-month high of $4,450, but its broader hourly structure remains constructive above the $4,300–$4,330 region. Brent crude maintains a bullish bias while holding above $87.50–$88.00, with $90 and $91.08 as key resistance levels. The Nasdaq-100 remains neutral-to-bullish above 29,500–29,600, with 29,915 acting as the key breakout level.
An economic calendar helps a forex trader know when scheduled data, central-bank decisions, and policy speeches may increase volatility. For traders in Dubai, the key step is converting release times correctly into Gulf Standard Time, which is UTC+4 and does not use daylight saving.
XAU/USD account advertisements often focus on a low spread, high leverage or small minimum deposit. Each number can influence the trading experience, but none should be evaluated alone. A narrow spread cannot make an oversized leveraged position safe.
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