The rupee touched a fresh record low against the US dollar. What global and domestic pressures are weighing on the currency, and how are equities and crude prices shaping investor sentiment this week?
IG Group Holdings (LSE: IGG) posted record total revenue of £1.12 billion for calendar year 2025, driven by double-digit growth in net trading revenue and a surge in new customer acquisition, fuelled by the Freetrade integration. The London-listed trading and investment platform also launched a strategic review that could reshape its ownership structure, listing venues [...] The post IG Group Posts Record £1.12bn Revenue, Launches Strategic Review as Customer Growth Accelerates first appeared on FOREX NEWS REPORT .
BitcoinWorld WTI Crude Oil Plummets to Near $96 Amid Soaring US Dollar, Heightened Middle East Tensions Global energy markets witnessed a significant shift as West Texas Intermediate (WTI) crude oil futures retreated sharply, trading near the $96 per barrel mark. This notable decline in the benchmark US oil price coincides directly with a substantial strengthening of the US Dollar against a basket of major currencies. Consequently, traders and analysts are scrutinizing [...] This post WTI Crude Oil Plummets to Near $96 Amid Soaring US Dollar, Heightened Middle East Tensions first appeared on BitcoinWorld .
XAUUSD remains on the defensive as dollar strength and Fed hawkishness continue to weigh on gold. Gold remains under strong downside pressure as the market adjusts to a firmer US dollar and a more hawkish Federal Reserve stance. The Fed kept rates unchanged at 3.50%–3.75% in its March meeting, while Powell signalled that higher oil prices linked to Iran could lift inflation in the short term. That matters because when inflation risks stay elevated, the market becomes more cautious on rate cuts, Treasury yields tend to stay supported, and the dollar gains strength. In that environment, gold usually struggles to hold firm. From a macro perspective, this is not the kind of backdrop that supports aggressive upside in gold. A stronger dollar and reduced expectations for Fed easing are both working directly against the metal, and the chart is now reflecting that pressure clearly. Technical Structure From a technical standpoint, gold is trading in a clear bearish structure. Price has already broken below the descending support trendline and is now pressing into the lower demand zone around 4,750–4,780. The structure currently shows: price has lost trendline support the market is testing the 4,750–4,780 reaction zone if this area fails, the next major downside target opens near 4,550 any short-term rebound should still be treated as corrective while price stays below broken structure This is no longer a chart that suggests stability. It is a chart where sellers remain in control and each bounce is at risk of being sold into again. Key Price Zones Immediate Support: 4,750–4,780 This is the current reaction area. It may trigger a short-term bounce, but it is also the final nearby support before the chart opens lower. Major Downside Target: 4,550 If current support breaks decisively, this becomes the next major bearish target. Overhead Pressure: Any rebound into previously broken structure should still be watched carefully, because sellers may use those rallies to reload. Market Scenarios Corrective bounce: Gold may react from the current support zone and produce a short-term rebound. But unless price reclaims broken structure with real strength, that bounce should still be treated as corrective. Bearish continuation: If the 4,750–4,780 support zone breaks cleanly, the downside may extend towards 4,550, which remains the next major target on the chart. Key takeaway: As long as gold stays below broken structure, sellers continue to hold the broader advantage. Market Insight Gold is now trading under a macro environment that clearly favours the dollar. A more hawkish Fed tone, fading rate-cut expectations, and renewed inflation concerns tied to oil are all reinforcing downside pressure on the metal. From my perspective, the structure remains firmly bearish unless the market proves otherwise. A technical bounce can still happen from current support, but as long as gold stays below broken levels, the larger risk continues to point lower. For now, the message is simple: gold is under pressure, and unless support holds with real strength, the path towards 4,550 remains open.
BitcoinWorld Bank of Japan Holds Firm: Critical Rate Hike Option Remains Open Amid Yen Volatility TOKYO, March 2025 – The Bank of Japan maintained its current monetary policy stance today, yet crucially preserved its option to implement interest rate hikes in the coming months. This decision arrives amid significant volatility in Japanese Yen (JPY) exchange rates and ongoing global economic uncertainty. Financial markets closely monitored the central bank’s announcement for [...] This post Bank of Japan Holds Firm: Critical Rate Hike Option Remains Open Amid Yen Volatility first appeared on BitcoinWorld .
United Kingdom Employment Change (3M): 84K (January) vs 52K
Exness sees trust as the key theme for growth in MENA Trading Growth for 2026 Exness sees trust as the key theme for growth in MENA Trading Growth for 2026 Exness sees trust as the key theme for growth in MENA Trading Growth for 2026 Exness sees trust as the key theme for growth in [...] The post Swissquote Is Bullish with 2026 Revenue Outlook, but Cautious on Profits first appeared on FOREX NEWS REPORT .
Co-operative Bank of Kenya posted record net profit of KSh 29.75 Bn in FY2025, up 16.9%, as net interest income surged 22% on a 12.8% drop in funding costs.
SentinelOne and Cloudflare deepen ties, feeding edge and Zero Trust telemetry into Singularity AI SIEM to unify threat detection and response.
Keeper launches KeeperDB to centralise zero-trust database access, hiding credentials and recording sessions within its existing security vault.
The Women in CyberSecurity (WiCyS) West Africa Affiliate has educated students at Kasoa Methodist Basic School “A” on safeguarding their digital footprint.
BHP Group has picked the continuity candidate for its next boss: A life-long company man who has spent quarter of a century at the biggest miner, honing his skills in iron-ore and copper, its most important products. But just like his predecessor, Brandon Craig will have to navigate an industry under pressure to grow — placing bets on deals as a means to get there, or continuing along BHP’s stated path of building more mines.