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Forex and Currency News Archive |
EURGBP - EUR/GBP stretches lower to near 0.8610 on downbeat German Retail Sales data, HICP eyed EUR/GBP loses ground on weaker-than-expected November Sales data from Germany. German Retail Sales YoY and MoM declined by 2.4% and 2.5%, respectively. Improved UK credit and housing data might have ... |
Crude Oil - Dragon Oil commences crude oil production at Al Wasl Field in Egypt Discovered in 2021 by Dragon Oil, the Al Wasl field in North Safa is the largest oil discovery in the Gulf of Suez region in the past two decades. Dragon Oil commences crude oil production at Al Wasl ... |
Oil Price - WTI Oil outlook: Crude Oil price rises further on growing supply concerns WTI Oil price rose further in early Thursday’s trading, in extension of 3.5% rally on Wednesday, the biggest daily gain since Nov 17. Worsening fundamentals on closure of one of the largest oil fields ... |
Silver Price - Gold And Silver Prices Surge As US Fed Hints At Rate Cut; Bulls Eye Record Highs Gold prices shot up today on the Multi Commodity Exchange (MCX), reaching an intraday high of Rs 62,771 per 10 gm and nearly touching the lifetime high of Rs 64,065 in response to the US Federal ... |
Brent Oil - Commodity Roundup: Gold, oil dip ahead of Fed minutes; UBS sees Brent in $80–90 range Gold prices (XAUUSD:CUR) eased on Wednesday pressured by a stronger dollar, while investors remained caution ahead of the release of minutes from the U.S. Federal Reserve's December meeting, due at ... |
GBPUSD - GBP/USD Forecast: Pound Sterling could extend slide in case 1.2630 turns into resistance Pressured by the broad-based US Dollar (USD) strength, GBP/USD turned south and declined to its lowest level since mid-December near 1.2600 on Tuesday. Although the pair recovered toward 1.2650 early ... |
Commodities Prices - FTSE 100 Gains As Oil Prices Jump On Fears Of Supply Disruption U.K. stocks edged higher on Tuesday as higher oil prices boosted energy stocks. The benchmark FTSE 100 was up 20 points, or 0.3 ... |
EURUSD - Pound Sterling Today: US Jobs, Fed Minutes Crucial For GBP, EUR Vs USD This Week The US dollar faced pressure in December due to drastically adjusted interest rate expectations, with markets now foreseeing an 85% likelihood of a Federal Reserve rate cut in March and fully ... |
EURGBP - Pound To Euro 2024 Forecasts: Top 11 End-of-Year Institutional Predictions As markets enter the 2023/2024 New Year holiday, the Pound to Euro exchange rate is trading at 1.15355. The relative performance of the UK and Euro-Zone economies will be a crucial element for the ... |
GBPUSD - Outlook For Pound US Dollar Exchange Rate: Analyst Views On Where Next For GBP/USD The Pound US Dollar (GBP/USD) exchange rate experienced volatility last week, staging a significant rally on Wednesday before retreating on Thursday as high inflation and recession fears dented Pound ... |
Brent Oil - Oil prices to end year 10 per cent lower as demand concerns...Oil prices to end year 10 per cent lower as demand concerns... Oil prices are set to end 2023 about 10 per cent lower, the first annual decline in two years, after geopolitical concerns, production cuts and global measures to rein in inflation triggered wild ... |
EURUSD - Gold Retreats From a 3-Week High; EUR/USD Consolidates Above 1.10500 On Thursday, the euro (EUR) fell by 0.4% as the US Dollar Index (DXY) had a correction after its long decline. |
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