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Gold futures climbed Friday to finish higher for the week, but overall strength in the dollar amid aggressive monetary policy tightening by the Federal Reserve, as it continues its efforts to tame inflation, pushed prices for the metal lower for the month, as well as the quarter. Gold for December delivery GCZ22, -0.02% rose $3.40, […]

BRENT As we can see in the H4 chart, Brent is trading below the 200-day Moving Average it to indicate a possible descending tendency. The Relative Strength Index has broken the ascending trendline to the downside. In this case, the pair is expected to break 4/8 (87.50) and continue falling towards the support at 2/8 […]

For bulls, Bitcoin’s (BTC) daily price action leaves a lot to be desired, and at the moment, there are few signs of an imminent turnaround.  Following the trend of the past six or more months, the current factors continue to place pressure on BTC price: Persistent concerns of potential stringent crypto regulation. United States Federal […]

Robinhood Markets Inc. HOOD, +3.38% said late Friday it will take higher-than-expected restructuring charges as it exits leases on office space that it is not using. In a Securities and Exchange Commission filing Friday, the online broker said it expects to take charges of $90 million to $105 million in the third quarter, up from […]

William Watts is MarketWatch’s senior markets writer. Based in New York, Watts writes about stocks, bonds, currencies and commodities, including oil. He also writes about global macro issues and trading strategies. Before moving to New York, he reported for MarketWatch from Frankfurt, London and Washington, D.C.

Oil futures declined Friday, contributing to their losses for the month and quarter as concerns over a potential recession raised expectations for a slowdown in demand. Still, oil supply will get tighter in the winter and “now that most of the crude demand destruction has been priced in, prices should stabilize going into the year-end,” […]