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Forex and Currency News Archive
EURUSD - EUR/USD eyes 2023 top after quick rally
All in all, EURUSD exited its 2024 sideways trajectory and might aim for new higher highs, though for a meaningful rally, it might need to cross above the 2023 barrier of 1.1240-1.1274.
Crude Oil - This Nearly 7%-Yielding Energy Stock Expects Crude Oil Demand to Remain Robust Through at Least 2050
Higher oil volumes would boost the cash flows of its liquids pipelines business. The company is also investing heavily in diversifying into lower-carbon energy. The Canadian pipeline and utility company firmly believes its crude transportation assets will ...
Brent Oil - Oil set to end week lower on demand concerns, easing supply woes
Oil prices were little changed today but on track to end the week lower, as weaker US employment data raised concerns over demand, and renewed ceasefire talks in Gaza eased worries about supply ...
EURUSD - EUR/USD Forecast: Euro remains bullish despite mixed PMI data
EUR/USD trades in the upper half of the ascending regression channel but the Relative Strength Index (RSI) indicator on the 4-hour chart stays above 70, suggesting that the bullish bias remains intact ...
Silver Price - Silver Price Forecast: XAG/USD eases around $29.50 ahead of Jackson Hole Symposium
Silver price (XAG/USD) price edges lower to near $29.50 per troy ounce during the European hours on Thursday. Traders are focused on Federal Reserve Chair Jerome Powell's upcoming keynote speech at ...
Oil Price - EUR/CAD drops to near 1.5150 despite a dovish BoC, lower Oil prices
The EUR/CAD cross received support as traders expect the European Central Bank (ECB) to gradually lower interest rates. However, ECB officials have been cautious about committing to a specific ...
Gold Price - Gold price in Pakistan continues upward trend
Gold prices in Pakistan increased for the second consecutive day, with 24-karat gold per tola rising by Rs300 to Rs261,000. The price of 10 grams of gold also went up by Rs257. Despite these local increases,
Commodities Prices - Gold prices sprint to record high on potential Fed rate cut
Spot gold was up 0.7% at $2,522.17 per ounce, as of 0907 GMT, surpassing a previous record hit on Friday. U.S. gold futures gained 0.8% to $2,561.10.
EURUSD - EUR/USD: FX options markets suggest some active buying – ING
EUR/USD continues to grind higher without much news. At the heart of the story is whether EUR/USD will break out of an 18-month trading range, which has largely contained EUR/USD between 1.05 and 1.11 ...
Crude Oil - Fighting Against Crude Oil Theft, Nigeria Dismantles 63 Illegal Refineries
Nigerian authorities arrested 16 suspects and seized 63 illegal refineries across the country in a week-long operation aimed at combating crude oil theft, which has plagued the oil industry for years.
USDJPY - USD/JPY Forecast: Yen Gains Amid BoJ-Fed Divergence
The USD/JPY forecast points to solid bearish momentum as the yen rallies on divergence in policy outlook for the Bank of Japan and the Fed.
Oil Price - Strategist Flags 'Choppy Week' for Oil Prices
Crude prices have had something of a choppy week, Michael Brown, a Senior Research Strategist at Pepperstone, said in a market analysis.
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