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Forex and Currency News Archive |
Brent Oil - Oil Headed for Weekly Loss Amid Demand Fears Oil prices were on track for weekly losses of roughly 3%, pressured by a stronger U.S. dollar and worries about global demand growth. Brent crude and WTI were both down 0.6% at $72.48 and $68.97 a ... |
Commodities Prices - Commodity Trader Glencore Raises Purchases of Middle East Crude Glencore, a major oil trader, is buying crude oil to supply a newly acquired refinery in Singapore, signaling a growing role for traders in the physical oil market. |
EURGBP - EUR/GBP: BoE decision could turn to non-event – ING The latest macro indicators have all but reinforced expectations that the Bank of England (BoE) will keep rates on hold on Thursday. In this context, the EUR/GBP pair is set to stay capped below ... |
Silver Price - Silver: Crucial Support at $30 Needs to Hold to Keep Long-Term Bullish Trend Alive Silver’s long-term growth outlook remains intact, but short-term volatility looms with key technical levels in play. The $30 support level is crucial, with the Fed’s stance influencing the immediate ... |
USDJPY - USD/JPY Forecast Today 18/12: Pulls Back Before FOMC (Video) The US dollar initially rallied a bit during the early part of Tuesday but has given back those gains to show signs of weakness. ... |
Oil Price - Pound, gold and oil prices in focus: commodity and currency check, 17 December Gold prices fell in early European trading on Tuesday, as investors remained cautious ahead of a series of key central bank meetings this week, with the US Federal Reserve's meeting drawing particular attention. Spot gold declined 0.6%, trading at $2,642.72 per ounce, while US gold futures slipped 0.5% to $2,658.30. |
Gold Price - Pound, gold and oil prices in focus: commodity and currency check, 17 December Gold prices fell in early European trading on Tuesday, as investors remained cautious ahead of a series of key central bank meetings this week, with the US Federal Reserve's meeting drawing particular attention. Spot gold declined 0.6%, trading at $2,642.72 per ounce, while US gold futures slipped 0.5% to $2,658.30. |
GBPUSD - GBP/USD Forecast: Pound Sterling recovers above key technical level GBP/USD rose above 1.2620, where the Fibonacci 23.6% retracement of the latest downtrend is located. However, the Relative Strength Index (RSI) indicator on the 4-hour chart is yet to recover above 50 ... |
Brent Oil - Oil Slides on Profit-Taking, Weak Chinese Data Oil prices slipped early Monday as traders took profit from last week and the latest batch of Chinese data disappoints. Brent crude was down 0.4% to $74.17 a barrel, while WTI fell 0.6% to $70.88 a ... |
Commodities Prices - Coffee prices climb to near 50-year highs — and it may take years for the rally to run out of steam A record-breaking rally for coffee prices shows no sign of slowing down, analysts say, with some warning it could take years for one of the world’s most traded commodities to recover. Arabica coffee ... |
EURUSD - EUR/USD trades choppy after ECB Lagarde shows concerns over Eurozone economic growth EUR/USD broadly consolidates near 1.0470 in Friday’s European session, staying under bearish pressure after comments from European Central Bank (ECB) President Christine Lagarde on Thursday indicated ... |
Silver Price - Silver Price Forecast: XAG/USD posts fresh monthly high around $32.30 on firm dovish Fed bets Fed dovish bets escalated after the release of the United States (US) Consumer Price Index (CPI) report for November, which showed that rental prices rose at a moderate pace. Annual headline and core ... |
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