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Forex and Currency News Archive
USDJPY - USD/JPY Price Forecast: Seems vulnerable amid BoJ-Fed policy divergence, US CPI in focus
In contrast, the reaction to a stronger CPI print is more likely to be limited amid dovish Fed expectations, suggesting that the path of least resistance for the Greenback and the USD/JPY pair remains ...
Brent Oil - Upstream PSU oil majors weak on bearish forecasts, supply disruption
The head of oil at Trafigura Group — a leading trader in the commodity — Ben Luckock has said that he sees Brent prices slipping into the $60-70 range 'relatively soon', adding to the selloff in the ...
EURUSD - Dollar Index Forecast: UK Labor Data Boosts GBP – EUR/USD and GBP/USD Outlook
UK labor data boosts GBP while Dollar Index weakens; EUR/USD and GBP/USD show bullish trends ahead of key U.S. economic reports.
EURGBP - FWirePro- EURGBP trade idea
EURGBP jumped slightly with no follow-through buying. It hits a high of 0.84472 and is currently trading around 0.84391. Markets eye UK jobs data tomorrow for further direction. Technicals- ...
Commodities Prices - What's behind the recent downturn in metals and energy prices? Peter McGuire answers
So, we are really just seeing where we are with rate policy and you have also got to understand we are at record high territory when it comes to equity markets.
Gold Price - Gold price in Pakistan reaches record high with another spike
Gold prices in Pakistan reached a record Rs263,500 per tola, with a Rs1,400 increase on Friday, following a rise in international rates. The price of 10 grams of 24-karat gold also climbed by Rs1,200 ...
GBPUSD - GBP/USD exchange rate to firm following US labour data?
The pound US dollar (GBP/USD) exchange rate is trading in a narrow range this morning as markets await the publication of the latest US non-farm payrolls data and unemployment rate. At the time of ...
Brent Oil - Citi says 2025 oil prices could average $60/bbl without deeper OPEC+ cuts
Citi warns of oil price drop to $60 due to reduced demand & increasing supply from non-OPEC countries; market dynamics could lead to further decline to $50
EURUSD - EUR/USD Forecast: Euro could extend recovery once it clears 1.1100
EUR/USD fluctuates in a narrow range slightly below 1.1100 after closing in positive territory on Wednesday. Later in the day, employment-related macroeconomic data releases from the US could ...
Crude Oil - Crude oil futures decline on concern over increase in supply
Crude oil futures drop on supply concerns, while Libya conflict may soon end, impacting global oil production.
Commodities Prices - Commodity Roundup: Gold dips, UBS retains positive outlook on oil despite prices near 9-month low
Gold prices ticked lower on Wednesday as investors braced for a data-heavy week, including the U.S. payrolls report, that could influence the Federal Reserve's interest rate cut plans, while oil ...
USDJPY - Dollar steady ahead of ISM release, key labor market data
Investing.com - The U.S. dollar steadied Tuesday as investors look forward to the release of key economic data, including Friday's U.S. payrolls, that could cement an interest rate cut from the ...
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