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Forex and Currency News Archive
Crude Oil - Saudi energy minister commits to crude capacity levels and climate targets
Saudi Arabia is "committed" to maintaining crude capacity at 12.3 million barrels per day, Energy Minister Prince Abulaziz bin Salman said on Tuesday.
USDJPY - A move toward 155-160 yen can't be ruled out, strategists say
Strategists at TD Securities called the election result in Japan -- where the ruling LDP lost its majority but there was no clear winner -- a "mess." The dollar recently was exchanging hands at 152.82 ...
Oil Price - FTSE 100 Live 28 October: Oil price slide hits BP and Shell, Trainline upgrades guidance
The benchmark's decline to about $71.50 a barrel came amid relief that Israel's retaliatory missile strikes on Iran avoided oil and nuclear installations. BP fell 2% or 8.8p to 396.1p, leaving the energy giant down 16% year-to-date ahead of tomorrow's third quarter results.
EURUSD - EUR/USD holds onto recent gains despite increasing bets of large ECB rate cut
EUR/USD strives to extend Thursday’s recovery above 1.0800 in Friday’s European session. The major currency pair bounced back on Thursday after the release of the flash Hamburg Commercial Bank (HCOB) ...
Gold Price - Gold prices in Pakistan see minor decline
Gold price Pakistan, gold rate October 2024, gold price drop, gold per tola, silver price, APGJSA gold rates, international gold price, gold market trends, gold and silver prices, gold Pakistan Select ...
EURGBP - EUR/GBP depreciates to near 0.8300, remains tepid after Eurozone PMI figures
EUR/GBP holds losses following the release of Purchasing Managers Index data from the Eurozone and Germany. The HCOB Eurozone PMI Composite improved to 49.7 in October, against the previous 49.6 ...
Silver Price - Silver at ₹ 1 lakh—your battle plan ahead
There are commodities, and then there’s silver—unique in its price discovery. On Tuesday, silver hit ₹1 lakh per kg on the MCX, making history. But what works for other commodities won’t work here. Let’s explore what will.
Oil Price - India to Consider Scrapping Windfall Tax on Crude Oil
India's Finance Ministry is considering the removal of the windfall tax on domestic crude oil production due to declining international oil prices.
Gold Price - Pound, gold and oil prices in focus: commodity and currency check, 23 October
The dollar index — which measures the US currency against six other major currencies — rose to 104.34, the highest since early August. However, the pound could make a comeback
Brent Oil - Oil prices steady on Mideast ceasefire push, China demand weighs
Oil prices steadied near $74 a barrel on Tuesday as the top U.S. diplomat renewed efforts to push for a ceasefire in the Middle East and as slowing demand growth in China, the world's top oil importer ...
GBPUSD - GBP/USD: Breakdown Below 1.30 May Trigger Larger Decline Amid Rising Rate-Cut Bets
Inflation data from the UK sparked speculation of more rate cuts by the BoE. This has put GBP/USD bears on alert. With the pair near 1.30, traders are watching for a potential breakout towards support ...
EURUSD - EUR/USD remains uncertain as ECB sets to cut rates further
EUR/USD struggles to extend Friday’s recovery above the immediate resistance of 1.0870 and retraces back to 1.0850 in Monday’s European session. The major currency pair could retreat to its 11-week ...
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