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Forex and Currency News Archive
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 ...
Gold Price - SGBs: Premature redemption price for Sovereign Gold Bond 2016-17 Series II revealed. Check details
The premature redemption price for Sovereign Gold Bond (SGB) 2016-17 Series II has been revealed by the Reserve Bank of India (RBI). The premature redemption will be done on March 30, 2024. The ...
GBPUSD - EUR/USD, GBP/USD, DXY Price Forecast: DXY Holds Firm Above $104.15; Time to Buy?
Amid pivotal economic updates, the Dollar Index’s subtle rise to 104.365 signals enduring strength, suggesting a potentially opportune moment for investment.
Brent Oil - Oil prices inch lower amid cease-fire hopes in Gaza
Oil prices fell slightly on Tuesday, with renewed hopes of a cease-fire in Gaza offset by a weak US dollar and a tight global supply outlook. International benchmark Brent crude traded at $86.01 per ...
EURUSD - EUR/USD labors higher on profit-taking
EUR/USD continues to labor higher on Tuesday after bouncing off the lows of the wave B of the three-wave Measured Move pattern that unfolded higher during February and early March. The current ...
Crude Oil - India Grants Adnoc Permission to Export Oil from Strategic Storage
India Grants Adnoc Permission to Export Oil from Strategic Storage - The Indian government has granted Abu Dhabi National Oil Company (Adnoc) permission to export crude oil ...
Commodities Prices - The U.S. Recession Myth That Tanked Oil Price Predictions in 2023
Oil prices have become very difficult to predict. This is the latest outtake from CERAWeek where analysts discussed how so many of them managed to get 2023 prices so very wrong. The future price of ...
EURGBP - EUR/GBP may struggle to find much more support above 0.8600 – ING
EUR/GBP may struggle to find much more support above 0.8600 as UK data still has to validate the recent repricing of the Sonia curve.
Oil Price - India's inflation, growth at risk from Red Sea crisis-driven oil price rise, govt says
India's inflation and economic growth are at risk from the rise in oil prices caused by disruptions in the Red Sea, the government said on Friday, highlighting the need to diversify trade routes.
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