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Forex and Currency News Archive |
EURUSD - EUR/USD Forecast: Euro remains bullish despite mixed PMI data EUR/USD trades in the upper half of the ascending regression channel but the Relative Strength Index (RSI) indicator on the 4-hour chart stays above 70, suggesting that the bullish bias remains intact ... |
Silver Price - Silver Price Forecast: XAG/USD eases around $29.50 ahead of Jackson Hole Symposium Silver price (XAG/USD) price edges lower to near $29.50 per troy ounce during the European hours on Thursday. Traders are focused on Federal Reserve Chair Jerome Powell's upcoming keynote speech at ... |
Oil Price - EUR/CAD drops to near 1.5150 despite a dovish BoC, lower Oil prices The EUR/CAD cross received support as traders expect the European Central Bank (ECB) to gradually lower interest rates. However, ECB officials have been cautious about committing to a specific ... |
Gold Price - Gold price in Pakistan continues upward trend Gold prices in Pakistan increased for the second consecutive day, with 24-karat gold per tola rising by Rs300 to Rs261,000. The price of 10 grams of gold also went up by Rs257. Despite these local increases, |
Commodities Prices - Gold prices sprint to record high on potential Fed rate cut Spot gold was up 0.7% at $2,522.17 per ounce, as of 0907 GMT, surpassing a previous record hit on Friday. U.S. gold futures gained 0.8% to $2,561.10. |
EURUSD - EUR/USD: FX options markets suggest some active buying – ING EUR/USD continues to grind higher without much news. At the heart of the story is whether EUR/USD will break out of an 18-month trading range, which has largely contained EUR/USD between 1.05 and 1.11 ... |
Crude Oil - Fighting Against Crude Oil Theft, Nigeria Dismantles 63 Illegal Refineries Nigerian authorities arrested 16 suspects and seized 63 illegal refineries across the country in a week-long operation aimed at combating crude oil theft, which has plagued the oil industry for years. |
USDJPY - USD/JPY Forecast: Yen Gains Amid BoJ-Fed Divergence The USD/JPY forecast points to solid bearish momentum as the yen rallies on divergence in policy outlook for the Bank of Japan and the Fed. |
Oil Price - Strategist Flags 'Choppy Week' for Oil Prices Crude prices have had something of a choppy week, Michael Brown, a Senior Research Strategist at Pepperstone, said in a market analysis. |
Gold Price - Gold prices steady amid US rate cut speculation: What investors should know Spot gold remained nearly unchanged at $2,457.14 per ounce by 0747 GMT but has gained more than 1% for the week. |
Brent Oil - Oil rises on weak US production data, geopolitical tensions Oil prices rose on Thursday, driven by a reported decline in U.S. crude production, intensifying geopolitical tensions, and growing expectations of interest rate cuts from the US Federal Reserve. |
GBPUSD - EUR/USD, GBP/USD, DXY Price Forecast: DXY Steady at $102.57, Retail Sales Key The Dollar Index (DXY) remains steady at $102.57 as traders await U.S. Retail Sales data, which could drive the next market move. |
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