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Forex and Currency News Archive
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.
EURGBP - EUR/GBP Forecast Today- 14/08: EUR Seeks GBP Support (Chart)
I recognize that this asset is testing the crucial 200-Day EMA, which of course a lot of people will pay close attention to, as it is on ...
EURUSD - EUR/USD, GBP/USD, DXY Price Forecast: DXY Slips Below $103; US CPI in Focus
The Dollar Index (DXY) is trading at $102.625, up slightly by 0.01%, but it’s showing signs of weakness. The index recently broke below its previous sideways trading range of $103 to $103.315, ...
Oil Price - Oil prices steady as markets refocus on demand concerns
Oil prices steadied on Tuesday after rising for five consecutive sessions, as markets refocused on concerns about demand after OPEC on Monday cut its forecast for demand growth in 2024 due to softer expectations in China.
Silver Price - Silver Prices Rose on August 13 [SMM Daily Review]
SHANGHAI, May 16 (SMM) - In April 2023, the monthly average price of Ni1.5% medium-grade laterite nickel ore was $52/wmt CIF, down from March. SHANGHAI, May 16 (SMM) - Aluminium prices rose initially ...
Brent Oil - Oil price rises for fifth day running amid Middle East tensions; battle against UK inflation ‘isn’t over’ – business live
Brent crude hits $80, as Catherine Mann warns wage pressures in the UK economy could last for years. The oil price is rising for the fifth day in a row – dampening hopes that cheaper energy will keep inflation down. Brent crude is up 0.75% this morning ...
Gold Price - Gold price outlook: Is precious metal still a good investment bet post import duty cut? Here’s why you shouldn’t dismiss it!
The recent reduction of gold import duty from 15% to 6% resulted in an 8% drop in domestic gold prices, affecting gold ETFs and sovereign gold bonds.
Crude Oil - Army Raids Oil Storage Facility, Intercepts Trucks with Stolen Crude
“Relatedly, troops of 63 Brigade, Nigerian Army, while on routine patrols, successfully intercepted trucks ladened with products suspected to be stolen crude in Delta State. The arrest was made at ...
EURUSD - EUR/USD consolidates as investors look for fresh guidance on Fed-ECB rate-cut path
EUR/USD holds gains above 1.0900 as the US Dollar (USD) drops on firm Fed rate-cut prospects. The US Dollar Index (DXY), which tracks the Greenback’s value against six major currencies, trades near ...
Silver Price - Gold Prices In Bangalore: 1kg Silver Falls By Rs 6,000; Latest 24K, 18K, 22K Gold After RBI's Status Quo
Gold prices in Bangalore is steady on August 8, the day when RBI kept repo rate unchanged for the ninth time in a row. On the contrary, silver prices witnessed a steep decline of Rs 6,000 in 1Kg.
EURGBP - FTSE 100 in red today; U.K. shares mixed at market open
U.K. equities started with losses on Thursday, with falls in nearly all sectors, the most notable ones being the Industrial Transportation, Mobile Telecommunications, Construction & Building Materials ...
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