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Forex and Currency News Archive
USDJPY - USD/JPY outlook: Bullish bias above 150, key US data eyed for fresh signals
Although near-term action is in a sideways mode, it keeps bullish bias while holding above 150 mark, for renewed attack at 2024 high (150.88, posted on Feb 13), violation of which to signal bullish ...
Oil Price - Oil prices down over demand outlook concerns in China
Supply factors stemming from major producers reducing output, escalating geopolitical tensions in Middle East limit price fall - Anadolu Ajansı ...
Brent Oil - Oil rises after OPEC+ extends output cuts
Oil prices rose on Monday after OPEC+ members agreed to extend voluntary oil output cuts of 2.2 million barrels per day into the second quarter, largely in line with market expectations. Brent futures ...
Gold Price - Gold holds ground amid growing bets for Fed rate cut
Gold prices stabilized today, March 4, amid increasing bets for an interest rate cut by the Federal Reserve by next June. Bullion for April del ...
Crude Oil - FxWirePro- Crude oil Daily Outlook
WTI crude oil pared some of its gains despite being weak in US inflation. US Headline rose 0.30% m/m in Jan, in line with the estimate. Core PCE came at 0.40%, matched forecasts. Major factors ...
EURUSD - EUR/USD Price Analysis: Euro Slides on Easing German Inflation
Friday's EUR/USD price analysis revealed a bearish sentiment, driven by the emerging signals of inflation easing in the Eurozone.
Gold Price - Gold price consolidates as focus remains on US core PCE Price Index
Gold price remains sideways, slightly below $2,040, as investors await United States core PCE Price Index data for January. Market participants will pay close attention as it is the Fed’s preferred ...
Oil Price - Oil prices rise as extension of OPEC+ output reductions outweighs financial concerns
On Wednesday, oil prices experienced a modest uptick driven by speculation surrounding the potential extension of production cuts by OPEC+ member cou ...
Brent Oil - Kuwaiti oil price up to US$82.31 pb
The price of Kuwaiti crude oil went up by US$1.66 to $82.31 per barrel (pb) on Tuesday, compared with $80.65 pb on the day before, said Kuwait Petroleum Corporation (KPC) Wednesday. In international ...
EURUSD - EUR/USD, GBP/USD, DXY Price Forecast: Market Braces for US GDP Insights
As the US Dollar strengthens, markets await vital GDP and PCE data, potentially reshaping Federal Reserve policy directions.
Crude Oil - Oil prices steady as investors weigh up Gaza ceasefire signals
Oil prices were largely stable on Tuesday, as investors weighed up signals of a Gaza ceasefire against the reality on the ground in the Middle East. Brent crude futures fell 10 cents, or 0.12%, to $82 ...
Commodities Prices - Lynas Rare Earths and South32 shares flop to multi-year lows as commodity prices bite
Lynas and South32 are both feeling the pinch from weaker Chinese demand for a bevy of commodities, as the shares of the duo slump to levels not seen since 2021.
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