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Forex and Currency News Archive
Oil Price - ‘Hammer blow’ of £145 Brexit food import charges; oil prices near $90 – business live
Live, rolling coverage of business, economics and financial markets as UK government imposes charges of £29 per type of item for imports of cheeses, meats and yoghurt ...
Silver Price - Gold prices in Hyderabad surge beyond Rs 70,000 mark, silver also hits record high
On Thursday, the price of 24-carat gold soared to a record-breaking Rs 70,470 per 10 grams, marking a substantial increase of Rs 600 within a single day. This milestone represents the first time in a ...
Gold Price - Gold Prices In US: Yellow Metal Rates Hit Record Highs Amid Inflation Fears; Defy Rate Cut Doubts
Gold prices continued their ascent on Wednesday, fueled by mounting concerns over inflation and a surge in demand for the precious metal as a hedge. Despite lingering scepticism regarding an imminent ...
GBPUSD - GBP/USD Price Analysis: Pound Holds Elevated After Positive Data
The GBP/USD price analysis reveals a slightly bullish picture, near recent highs following a surge triggered by encouraging economic data.
Brent Oil - Global oil benchmark Brent breaks above $88 on fresh supply threats
Global oil benchmark Brent rose above $88 a barrel for the first time since October on Tuesday as oil supplies faced fresh threats with more Ukranian attacks on Russian energy facilities and ...
EURUSD - EUR/USD descends to lower 1.0700s after strong US data
EUR/USD falls to the lower 1.0700s on Tuesday after more strong US macroeconomic data supports the US Dollar (USD), pushing down the probability of the US Federal Reserve (Fed) cutting interest rates ...
Crude Oil - UAE Slashes Exports of Medium Sour Crude
The UAE is slashing exports of its Upper Zakum oil grade as it is diverting more volumes of the medium sour crude to a huge domestic refinery.
Commodities Prices - Expert Speaks on Future of Naira, Explains Why Commodity Prices Are Not Reducing Despite Naira Gain
It will take time for advances in foreign exchange rates to be translated into cheaper commodities prices, according to financial specialists in a report.
Silver Price - It may be silver’s turn to shine after the gold rush to record high prices
Gold has generally outpaced performance in silver over the last few years, but the tide may soon turn in favor of silver.
EURGBP - Major Exchange Rate Forecasts 2024-2025: ING March Update
Overall, it sees scope for gradual Euro gains with EUR/GBP support near 0.8500 (GBP/EUR hitting strong resistance close to 1.1765) with gradual gains to 0.88 on a 12-month view (1.1365 for GBP/EUR).
Oil Price - Firmer oil prices expected as demand builds and supply curbs persist: Reuters poll
Oil prices will gain some momentum this year as demand picks up and output curbs by the OPEC+ producer group continue to squeeze supply that is already being pressured by military conflicts, a Reuters ...
USDJPY - USD/JPY: Japanese authorities may intervene somewhere in the 153.00-155.00 range – ING
Speculation over Japanese FX intervention remains high. Economists at ING analyze the USD/JPY outlook after the pair touched a multi-decade high near 152.00 on Wednesday. We suspect Japanese ...
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