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Forex and Currency News Archive
Brent Oil - Commodity Roundup: Oil faces biggest monthly loss since Oct., gold extends gains
Oil futures rose on Wednesday amid heightened tensions in the Middle East, but were on course for their biggest monthly loss since last October, while gold exte ...
GBPUSD - GBP/USD Forecast: Sellers look to retain control despite improving risk mood
The US Dollar (USD) held resilient against its rivals after the data from the US showed that the CB Consumer Confidence Index improved in July. Additionally, JOLTS Job Openings for June came in at ...
Crude Oil - Nigeria Still Top Crude Oil Producing Country in Africa
Nigeria's daily oil production in July saw a significant increase, with average production reaching 1.61 million barrels per day as of July 23. This marks an improvement from the 1.25 million barrels ...
EURGBP - FTSE 100 down today; U.K. shares mixed at market open
U.K. equities started mixed on Tuesday, with falls in Beverages, Chemicals and Software & Computer Services sectors; and gains in Financial Services, Mining and Oil & Gas sectors. At the market open ...
Oil Price - Oil prices rebound on Middle East conflict fears
Oil prices rose on Monday, paring last week’s loss, on fears of a widening conflict in the Middle East following a rocket strike in the Israeli-occupied Golan Heights, which Israel and the United ...
Silver Price - Silver (XAG) Daily Forecast: Prices Rise to $28.06; More Buying Ahead?
Key US macroeconomic data, including the Nonfarm Payrolls (NFP) report, will also likely influence silver’s direction. Weak Dollar and Falling Yields Drive Gold Prices Higher Amid Modest Inflation The ...
Gold Price - Gold Prices Drop By Rs 5,000/10gm Post Budget, Bring Cheers To Investors
Gold prices have corrected sharply by 7 per cent or Rs 5,000 per 10 grams in the local markets after the government slashed basic custom duty on gold, and the lower costs will encourage more people to ...
GBPUSD - EUR/USD, GBP/USD, DXY Price Forecast: USD Strengthens to $104.29 Amid 2.8% GDP Rise
Conversely, staying below this level may lead to further declines. On the 4-hour chart, GBP/USD is trading at $1.28625, up 0.11%. The pivot point is $1.28776. Immediate resistance levels are $1.29417, ...
Brent Oil - Oil slips on mixed demand signals
Oil prices eased on Thursday as concerns over weak demand in China, the world's largest crude importer, and expectations of a nearing ceasefire deal in the Middle East overcame gains in the previous ...
EURUSD - EUR/USD, GBP/USD, DXY Price Forecast: DXY Steady Near $104.30; Eyes on US GDP
On July 24th, The EUR/USD was influenced by weaker-than-expected French and German Flash Manufacturing PMIs, coming in at 44.1 and 42.6, respectively, signaling continued contraction in the ...
EURGBP - EUR/USD weakens on unexpectedly sluggish Eurozone flash PMI
EUR/USD weakens to near 1.0830 in Wednesday’s European session as the preliminary Eurozone Hamburg Commercial Bank (HCOB) Purchasing Managers’ Index (PMI) report for July showed that Composite numbers ...
Commodities Prices - Commodity Currencies Slump Amid Falling Raw Material Prices
Commodity currencies, including the Australian, New Zealand, and Canadian dollars, fell to multi-week lows due to declining raw material prices and weaker demand, especially from China. The yen surged ...
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