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Forex and Currency News Archive
Brent Oil - Brent crude prices rise amid Israeli air strikes in Lebanon and expected China growth
The price of oil impacts how much it costs to fill up a petrol tank, which has been lower recently than at anytime in three years, and can affect the cost of everyday goods.
GBPUSD - GBP/USD Rally Targets 1.41 as Dovish Fed, Hawkish BoE Add Bullish Fuel
The Bank of England's hawkish stance has driven GBP/USD above 1.33. Traders should watch upcoming GDP figures for their potential impact on BOE decisions. As bulls target 1.41, the momentum could ...
Crude Oil - Indian refiners cancel 1,00,000 metric tons of palm oil purchases on duty hike, price rise
Indian refiners have cancelled 1,00,000 metric tons of palm oil purchases for delivery between October and December. This move follows New Delhi's decision to raise import duties due to a surge in ...
Commodities Prices - Commodities Prices in Bengaluru Today
Get the latest commodity prices in Bengaluru for rice, jaggery, coriander, chili, potato, onion, and more. Check today's rates for spices, pulses, and oil.
EURGBP - FxWirePro-EURGBP trade idea
EURGBP declined further with intraday bias bearish. It hit a low of 0.8380 at the time of writing and is currently trading around 0.83948. UK retail sales- The pair declined further after upbeat UK ...
Gold Price - Gold prices near all-time high: Should you invest now or wait?
The surge in gold prices is largely attributed to the US Federal Reserve's recent decision to cut interest rates. The Fed announced a 50 basis points reduction, which has set the
Brent Oil - Oil market deficit seen temporarily supporting Brent prices in Q4 - Citi
Brent crude oil prices could be bolstered in the near-term by demand possibly outstripping supply in the fourth quarter, according to analysts at Citi. A reported decision by the Organization of the ...
GBPUSD - Today's markets: Fed’s mega cut sends shares soaring
On the mainland, shares in Frankfurt and Paris are up even higher, rising 1.2 per cent and 1.7 per cent respectively. Ocado’s surprising update makes it one of the largest risers across the continent ...
Crude Oil - India Will Continue to Buy Cheap Russian Crude Oil
India will continue to purchase cheaper Russian crude oil, despite Western pressure, to meet its growing energy demands.
Oil Price - Oil prices dip after US inventory rise offsets Middle East tensions
Oil fell on Wednesday after two sessions of gains after an industry report showed increasing US crude and fuel inventories, offsetting rising tension in the Middle East and the potentially bullish impact of a US interest rate cut. US crude stocks rose by 1 ...
GBPUSD - GBP/USD Forecast: Pound Sterling stabilizes, maintains bullish bias
GBP/USD started the week on a bullish note and registered impressive gains on Monday. The pair seems to have entered into a consolidation phase above 1.3200 in the European morning on Tuesday.
Gold Price - Retail sales may pose some risk to the gold price
While the outcome of today’s US retail sales may pose some risk to the gold price, unless the sales data truly shocks, then the fallout should be limited with
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