Gold at two-week high as dollar and oil weaken

Welcome to Venor News, New York Edition. I'm Gracy Skai.

Reuters reports gold hit a two-week high as the dollar and bond yields fell.

Policymakers in London are expected to lift borrowing costs for the first time in three years.

Bitcoin holds above eighty thousand dollars as regulatory hopes return.

Oil edges up after this week's steep fall, which Bloomberg linked to hopes of an end to the US-Iran war.

First, currencies. Euro-dollar is little changed at 1.1232, up 0.04 percent. The pound is also flat, down 0.04 percent at 1.3465. Dollar-yen is steady at 158.32, down 0.06 percent. The dollar's mood is calm, with no major currency moving much.

Our number of the day: 13.7 percent. That's how far US crude oil has fallen this week.

Gold is the story today. It is up 1.58 percent since yesterday's close, at 4,126 dollars, and up 6.22 percent this week. Reuters reports gold hit a two-week high as the dollar and bond yields fell. The daily trend is still down, but the four-hour structure has turned up. Traders are watching the Bank of England's decision today and US unemployment claims.

Crypto now. Bitcoin is up 0.27 percent today at 80,380 dollars, and up 3.29 percent this week. Ethereum is up 0.21 percent today and 7.02 percent this week. The Motley Fool reports Bitcoin staged a sharp recovery earlier, alongside Wall Street, as regulatory hopes returned. The daily trend for Bitcoin is still down, and the four-hour structure is mixed.

The key event today is the Bank of England rate decision at 12:00 GMT. US unemployment claims follow at 8:30 New York time.

Finally, at the time of this recording, our live barometer showed: gold is clearly bullish, euro-dollar reads neutral, and pound-dollar reads neutral. For short-term sentiment, watch Market Pulse on our website. And our Session's Briefing goes out before every session on our Telegram channel, Venor Analysis. Scan the code on your screen to join.

That's all from Venor News. Goodbye, and happy trading.