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Forex and Currency News Archive
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
Brent Oil - Oil prices stabilise ahead of Fed interest rate decision
Brent crude futures for November were up 23 cents, or 0.32%, at $71.84 a barrel by 0934 GMT. U.S. crude futures for October were up 32 cents, or 0.47%, at $68 ...
EURUSD - EUR/USD Forecast: Euro maintains bullish bias to start new week
EUR/USD holds its ground in the European session on Monday and trades above 1.1100, supported by the broad-based US Dollar (USD) weakness. The technical outlook highlights a buildup of bullish ...
USDJPY - USD/JPY recovers a few pips after refreshing YTD low, remains heavily offered below 141.00
The USD/JPY pair drops to a fresh YTD trough during the first half of the European session on Friday, albeit manages to recover a few pips in the last hour. Spot prices currently trade around the ...
GBPUSD - US Dollar Forecast: Consumer Sentiment Eyed; GBP/USD and EUR/USD Outlook
The upcoming US Consumer Sentiment Index release could impact the US Dollar’s movement, influencing both GBP/USD and EUR/USD ahead of key economic events.
Crude Oil - Kpler Predicts Oil Surplus to Persist Despite OPEC+ Output Caps
Crude oil production will continue to outpace demand in 2025 despite OPEC+ caps on output, Kpler analyst Homayoun Falakshahi told Reuters.
EURGBP - FTSE 100 opens with gains; shares rise
U.K. equities started with gains in all sectors on Thursday. The top risers are Automobiles & Parts, Beverages, Industrial Metals & Mining and Personal Goods. At the market open in London, the FTSE ...
GBPUSD - US Dollar Price Forecast: CPI Data to Shake DXY, GBP/USD, and EUR/USD Outlook
CPI data release could shake the US Dollar Index (DXY), with potential market impacts on GBP/USD and EUR/USD as inflation data unfolds.
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