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Forex and Currency News Archive
Brent Oil - Oil prices steady amid strong dollar, China economy worries
Oil prices were little changed on Friday as a strong dollar and concern over top oil importer China's economy were countered by a tighter supply outlook. Brent crude prices fell by 8 cents, or 0.1%, ...
GBPUSD - GBP/USD Analysis Today - 18/07: GBP Hits Year High (Chart)
GBP/USD broke through the psychological resistance level of 1.3000, extending gains to 1.3044 and remaining close to its highest level i ...
Commodities Prices - Oil prices rise on bigger than expected drop in US crude stocks
LONDON - Oil prices extended gains on Thursday ... A weaker U.S. currency can boost demand for oil by making dollar-priced commodities cheaper for buyers holding other currencies. (Reporting by Paul ...
EURUSD - EUR/USD juggles below 1.0950 ahead of ECB policy outcome
EUR/USD consolidates around 1.0950 ahead of the ECB policy outcome. The near-term outlook of the shared currency pair remains firm as the US Dollar (USD) remains vulnerable. The US Dollar Index (DXY), ...
Silver Price - Gold prices in India witness slight drop, Silver follows upward trend
The prices of Gold and Silver witnessed a slight change on Wednesday. The cost of 24 carat gold is priced at Rs 7480 per gram, down by Rs 460 while the cost of 22 carat gold is Rs.6852 per gram, down ...
EURGBP - EUR/GBP loses momentum below 0.8400 as traders trim BoE rate cut bets after UK CPI data
The Eurozone HICP inflation data is due later on Thursday, which is expected to show an increase of 0.2% MoM in June.
USDJPY - Have USD/JPY bulls lost the game?
In summary, USDJPY could continue to face bearish pressure after its significant drop, but there is potential for bullish activity if the price remains above 155.00.
Gold Price - What's driving today's rise in gold prices
"A rate cut in September is now fully priced in by markets, supporting gold prices in the near term," Yeap was quoted as saying in the Reuters report. Powell indicated confidence
GBPUSD - GBP/USD Signal Today 15/07: Overbought Before UK CPI (Chart)
Bullish view
  • Buy the GBP/USD pair and set a take-profit at 1.3030.
  • Add a stop-loss at 1.2900.
  • Timeline: 1-2 days. Bea ...
    • Brent Oil - Oil holds its ground as dollar gain and Chinese demand concerns weigh
    Oil held its ground on Monday as downward pressure from a stronger U.S. dollar and concern about demand in top importer China offset support from strong demand elsewhere and OPEC+ supply restraint.
    EURUSD - EUR/USD trades close to 1.0900 as Fed rate-cut bets shoot
    EUR/USD moves higher and trades close to a fresh monthly high at 1.0900, posted on Thursday. The near-term outlook of the shared currency pair strengthens as investors expect that an interest rate cut by the Federal Reserve (Fed) in the September meeting is a done deal.
    Crude Oil - TotalEnergies Uganda oil project 'devastating': conservationist
    Production has yet to begin, but TotalEnergies' controversial East African oil project is already taking a dire environmental toll in Uganda's largest national parks, a leading conservationist group ...
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