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Forex and Currency News Archive
Commodities Prices - Gold prices rebound as dollar weakens ahead of key US inflation data
Gold registered its deepest one-day decline in more than five months on Monday, and hit its lowest since Nov. 18 in the previous session, as safe-haven demand for the metal softened ...
EURUSD - EUR/USD steady ahead of major US data releases
EUR/USD remains stable at around 1.0483 as markets digest the implications of the latest FOMC minutes. The Federal Reserve signalled a potential pause in rate cuts if inflation reaccelerates but also ...
Silver Price - Gold prices rebound from morning lows as focus shifts to Fed meeting minutes later today
Gold prices after a sharp slump-biggest one-day loss in 2 years has rebounded as factors like Trump trade war weighs.
Crude Oil - BREAKING: Port Harcourt Refinery Is Back, Begins Crude Oil Processing At 60,000bpd, Says NNPCL
The Nigeria National Petroleum Company Limited (NNPCL) has announced that its Port Harcourt Refinery in Rivers State has commenced crude oil processing. This was disclosed by the Chief Corporate ...
USDJPY - USD/JPY: Downside play – OCBC
USD/JPY turned lower, amid pullback in UST yields and USD. Bessent relief is the latest trigger behind the USD pullback. Pair was last at 154.41 levels, OCBC’s FX analysts Frances Cheung and ...
Oil Price - Pound, gold and oil prices in focus: commodity and currency check, 25 November
Traders expect the BoE to leave interest rates unchanged at 4.75% in the December meeting and prices in 75 basis points (bps) cut to 4% by 2025, according to Reuters. Investors will be closely watching speeches from BoE deputy governor Clare Lombardelli and external policy member Swati Dhingra,
Brent Oil - Oil heads for weekly gains as Ukraine war intensifies
Oil prices held steady on Friday, on track for a weekly rise of 5%, as the Ukraine war intensified and Chinese imports were set to increase in November. Brent crude futures climbed 33 cents, or 0.44%, ...
Gold Price - Gold Rate in Pakistan Posts Fifth Straight Increase in Record-Breaking Week
The price of gold in Pakistan continued its bull run on Friday as it posted the week’s fifth straight increase.   According to data issued by the ...
Crude Oil - Oil up on Russia-Ukraine missile exchange, outweighing US crude stock rises
LONDON :Oil prices rose on Thursday as Russia and Ukraine launched missiles at each other, overshadowing the impact of a bigger-than-expected increase in U.S. crude inventories. Brent crude futures ...
EURUSD - EUR/USD: Euro so far successfully defending the critical level of 1.0500 but risk of collapse remain high
The single European currency remains above the critical level of 1.05 with investors being conservative enough to take further large bets in favor of the US currency, but on the other hand, so far ...
EURGBP - FOREX: USD Buying Persists, EUR/GBP Could See Routine Dip-Buying
The persistent, but gradual, grind higher for US yields across the morning continues to make itself felt via a stronger USD into the NY crossover, cementing the USD's position as best performer on the ...
Silver Price - What is Gold Silver Ratio? What current levels signify?
Gold silver ratio is a metric widely used in the commodities market. This is as the ratio tells about the strength of gold in comparison to silver or simply speaking an outlook on which precious metal ...
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