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Forex and Currency News Archive |
EURUSD - EUR/USD clings to gains above 1.0800 as Fed rate-cut bets swell EUR/USD gains ground above 1.0800. The major currency pair strengthens after stabilizing above the 20-day and 50-day Exponential Moving Averages (EMAs), which trade around 1.0750 and 1.0770, ... |
Oil Price - Chevron: Big Yield As Oil Prices Jump To Multi-Month Highs Chevron has struggled relative to the S&P 500 in 2024 despite rising oil prices, but the stock still sports a favorable valuation. Q1 results showed mixed performance, with strong production and cash ... |
Crude Oil - Is the ‘Angola model’ over as China buys more crude oil from Gulf and Russia than Africa? More than a decade ago, Angola was China’s No 2 source of crude oil. But it has been bumped down the list as Beijing increasingly turns to the Arab states of the Gulf Cooperation Council, Russia, and ... |
Gold Price - Gold prices set to climb further in 2024 amid geopolitical uncertainty, possible rate cuts: Analysts SINGAPORE - Gold prices are expected to hit record highs by the end of 2024 amid political and macroeconomic developments. Analysts told The Straits Times that the yellow metal, currently trading at ... |
GBPUSD - GBP/USD: There is a solid resistance level at 1.2805 – UOB Group The Pound Sterling (GBP) is expected to trade in a sideways range between 1.2725 and 1.2775, but risk for GBP has shifted to the upside. Note that there is a solid resistance level at 1.2805, UOB ... |
Commodities Prices - Will gold prices continue to rise after weak US economic data As of 0637 GMT, spot gold dipped 0.1% to $2,353.14 per ounce after reaching its highest level since June 21 in the previous session. |
EURUSD - EUR/USD, GBP/USD, DXY Price Forecast: DXY Nears $105; Eyes on US NFP Report UK Parliamentary Elections and Construction PMI reports will influence GBP/USD. ECB President Lagarde’s speech will impact EUR/USD market movements. The Dollar Index is trading at $105.274, up 0.01%. |
Crude Oil - Oil prices steady after large US crude inventory draw Oil prices steadied on Wednesday after trading higher as industry data showed a bigger-than-expected draw in U.S. crude stockpiles, with gains capped by economic headwinds from China and the euro zone ... |
EURGBP - EUR/GBP trades with mild losses below 0.8500 ahead of ECB’s Lagarde speech Investors await the Eurozone PMI data for June and the ECB’s Lagarde speech on Wednesday. |
USDJPY - USD/JPY Price Analysis: No Respite for Yen Amid Rate differential The USD/JPY price analysis shows a strong uptrend as the yen continues its slide due to Japan-US interest rate differential. |
Silver Price - Silver price today: Silver falls, according to FXStreet data Silver prices (XAG/USD) fell on Tuesday, according to FXStreet data. Silver trades at $29.37 per troy ounce, down 0.30% from the $29.46 it cost on Monday. Silver prices have increased by 23.42% since ... |
Oil Price - Oil prices lifted by summer demand hopes Oil prices rose on Monday, helped by expected peak summer consumption and OPEC+ production cuts, though gains were capped by rising output from other producers and the potential for economic ... |
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