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Forex and Currency News Archive
Gold Price - When will gold prices fall?
Well, there is only one big reason that could cause the gold price to fall. US interest rates and gold prices (measured in dollars) tend to have a negative corelation. This means they tend to move in ...
GBPUSD - BoE Preview: Three scenarios and their implications for GBP/USD – TDS
GBP/USD stays below 1.2800 in the European session on Thursday after the mixed PMI data from the UK. The US Dollar stages a rebound following Wednesday's sharp decline and caps the pair's upside ahead ...
Brent Oil - Morgan Stanley raises Brent crude price prediction amid OPEC+ output cuts, Russian output concerns
In response to evolving market dynamics, Morgan Stanley has revised its forecast for Brent crude prices, particularly highlighting the potential for ...
EURUSD - EUR/USD Forecast: Euro fluctuates between key technical levels ahead of Fed
EUR/USD seems to have stabilized slightly above 1.0850 in the early European session on Wednesday after registering small losses on Tuesday. The pair's near-term technical outlook points to a lack of ...
Crude Oil - Crude oil down despite tight supply outlook
Crude oil futures traded lower on Tuesday morning despite tight supply outlook by major oil producers such as Iraq, Saudi Arabia and Russia. However, a Reuters report noted that Russia will increase ...
Silver Price - Silver Price Analysis: XAG/USD moves away from YTD peak, slides below $25.00 mark
Silver (XAG/USD) remains under some selling pressure for the second successive day on Tuesday and retreats further from the YTD peak, around the $25.45 region touched last week. The white metal ...
Oil Price - Oil prices trade at 4 1/2-month high as drone attacks crimp Russia output
Oil futures rose early Monday, finding support as continued attacks by Ukraine on Russian energy facilities were estimated to have idled a significant chunk of Russia’s refining capacity. Crude prices ...
USDJPY - USD/JPY Forecast: Holds Ground Ahead of BoJ, Fed
The USD/JPY forecast shows a slight upside potential, with the currency steady ahead of central bank meetings in Japan and the US.
Gold Price - Gold Prices Soar Past $2,150 After Bullish Rally
Once again, the Global Precious Metals MMI (Monthly Metals Index) failed to exhibit strong bearish or bullish pressure. The index remained sideways throughout February, budging down a mere 0.65%.
GBPUSD - EUR/USD, GBP/USD, DXY Price Forecast: Euro and Pound Await MPC Speeches
As the Dollar Index retreats slightly to 102.724, the Euro and Pound eagerly await MPC speeches for market direction.
Brent Oil - Oil prices up with US demand rise, supply risks amid geopolitical tension
the world's biggest oil consumer, and supply concerns stemming from the ongoing conflict in the Middle East. International benchmark Brent crude traded at $84.31 per barrel at 10.57 a.m. local time ...
EURUSD - Gold Prices, EUR/USD Rise Amid Weakness in Dollar; Bitcoin Soars to Fresh All-Time
In today's Asian trading session, EUR/USD stayed close to 1.09500, attempting to preserve yesterday's gains. Today, traders should pay attention to US reports: the Producer Price Index, the Retail ...
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