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Forex and Currency News Archive
Gold Price - Gold Prices Forecast: CPI Data to Determine Upcoming Trends
A remarkable increase in net-long positions in gold futures, the most in 3.5 years, indicates a strong bullish shift in market sentiment.
GBPUSD - GBP/USD Forecast: Pound Sterling could correct lower on risk aversion
The Relative Strength Index (RSI) indicator on the 4-hour chart retreated below 70 after climbing above 80 late last week, suggesting that GBP/USD's bullish bias remains intact, with a potential to ...
Brent Oil - Oil stable as investors digest rate cut signals
Oil prices were little changed on the day on Friday, as investors digested hints of looming interest rate cuts in the United States and Europe. Brent crude futures were up 0.24%, or 20 cents, at ...
EURUSD - EUR/USD: US NFP day, will Euro resent rise be questioned?
The European single currency remains above the levels of 1,09 trying to secure the gains of the last days where although there were no major surprises on the table the single currency maintained a ...
Crude Oil - Crude Oil News Today: Rangebound Trade Reflects Global Supply-Demand Tensions
Oil prices are currently in a state of flux, influenced by global supply concerns and varying demand. This situation is shaped by several key factors, including U.S. crude inventory levels, ...
Commodities Prices - Commodity Capsule: Brent crude oil steady; gold hurtling past record-high
China posted a 5.1 per cent rise in crude oil imports in the first two months of 2024 from a year earlier to about 10.74 million barrels per day (bpd) ...
Silver Price - Silver prices fluctuated rangebound on March 6 [SMM Daily Comment]
The silver prices opened at $23.63 per ounce today. The average ex-factory price SMM 1# silver in the morning session stood at 6075 yuan/kg, down 1 yuan/kg or 0.02% compared with yesterday. According ...
EURGBP - Outlook on EUR/USD, EUR/GBP and GBP/USD ahead of UK budget and Powell speech
​​​EUR/USD, EUR/GBP and GBP/USD likely to be affected by UK budget and Powell speech in Congress.​​ ...
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 ...
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