GOLD PRICE (XAU/USD) MOVES HIGHER WITH EYES ON US CORE PCE INFLATION
Post Views: 24 Gold price (XAU/USD) rises to $2,350 in Friday’s European session. Gold price (XAU/USD) rises to $2,350 in Friday’s European session, showing strength ahead of the United States core Personal Consumption Expenditure Price Index (PCE) data for March, which will be published at 12:30 GMT. US core PCE inflation is estimated to steady at 0.3% on month.…
CANADIAN DOLLAR FOLLOWS BROADER MARKET FLOWS AS INVESTORS GRAPPLE WITH US PCE INFLATION
Post Views: 25 The Canadian Dollar (CAD) is mixed on Friday, playing a quiet counterparty to broader market focus. back seat to broader market flows on Friday as investor focus remains pinned on decaying hopes for a rate cut from the Federal Reserve (Fed). US Personal Consumption Expenditure (PCE) Price Index figures came in above expectations on…
GBP/USD PRICE ANALYSIS: TUMBLES BELOW 1.2500 AS BEARS CUT BULLS HOPES SHORT
Post Views: 28 The GBP/USD trades at 1.2481, down 027%. During the mid-North American session, the Pound Sterling retreats and registers losses against the US Dollar, slumping below 1.2500. Data from the United States showed that inflation is picking up, which would deter Fed intentions from cutting interest rates. The GBP/USD trades at 1.2481, down 027%. GBP/USD Price Analysis: Technical outlook Although the…
AUD/USD CONTINUES RISING AFTER US CORE PCE BEATS ESTIMATES WITH FIFTH UP-DAY IN A ROW
Post Views: 23 AUD/USD trades in the 0.6540s as it continues rallying after the release of US core Personal Consumption Expenditures Price (PCE) Index data for March. AUD/USD trades in the 0.6540s as it continues rallying after the release of US core Personal Consumption Expenditures Price (PCE) Index data for March. Despite the data showing…
SILVER PRICE FORECAST: XAG/USD REMAINS SIDEWAYS NEAR $27.60 AS INVESTORS REASSESS FED RATE CUT BETS, 26 April 2024, 16:53
Post Views: 23 Silver price (XAG/USD) remains stuck in a tight range around $27.60 in Friday’s American session. Silver price (XAG/USD) remains stuck in a tight range around $27.60 in Friday’s American session. Traders reassess expectations for the Federal Reserve (Fed) rate cuts as the United States core Personal Consumption Expenditure Price Index (PCE) for March remain…
GBP/USD DROPS AFTER MIXED UK RETAIL SALES, RISK AVERSION
Post Views: 69 As a consequence, the GBP/USD tumbled toward 1.2388, a new five-month low, before recovering some ground. The Pound Sterling tumbles against the US Dollar during the mid-North American session after a volatile trading day due to an escalation of the Israel-Iran conflict. Major central bank speakers led by the Bank of England (BoE) and…
GOLD PRICE HOLDS STRENGTH AS MIDDLE EAST TENSIONS PROPEL SAFE-HAVEN DEMAND
Post Views: 115 Gold price (XAU/USD) faces pressure to recapture new all-time highs around $2,430 in Friday’s European session. Gold price (XAU/USD) faces pressure to recapture new all-time highs around $2,430 in Friday’s European session. The precious metal still holds some intraday gains, supported by safe-haven flows after worsening Middle East tensions. On Friday, Israel launched…
USD/JPY GOES ON A ROLLER-COASTER RIDE PROMPTED BY GEOPOLITICAL RISK
Post Views: 106 USD/JPY is trading in the 154.50s on Friday after declining to a low for the day in the 153.00s on the back of a spike in safe-haven demand that disproportionately favored the Japanese Yen (JPY). An escalation in Middle East tensions, triggered a flight to safety overnight after news of bomb explosions…
MEXICAN PESO STRUGGLES AMID GEOPOLITICAL TENSIONS DESPITE RECORDING SOLID RETAIL SALES
Post Views: 98 The Mexican Peso remains on the defensive after plummeting close to 5% against the US Dollar during the overnight session for North American traders. The Mexican Peso remains on the defensive after plummeting close to 5% against the US Dollar during the overnight session for North American traders. Newswires that Israel attacked…
US DOLLAR SEES SLIGHT FRIDAY DOWNFALL AS BUYER MOMENTUM DWINDLES
Post Views: 107 The US Dollar Index (DXY) is currently trading at 106.09, a mild loss from its recent peak of 106.35. The US Dollar Index (DXY) is currently trading at 106.09, a mild loss from its recent peak of 106.35. Despite this, the index remains geared toward testing its November 1 high of 107.10.…
Grammy award-winning Christian music artist and American Idol contestant alum Mandisa Lynn Hundley died at 47.
Post Views: 90 Born and raised in California, Mandisa Lynn Hundley gained fame when she hit back at notoriously critical “American Idol” judge Simon Cowell with kindness while appearing on Season 5 of the singing competition series in 2006. K-Love Radio reported Mandisa, whose full name was Mandisa Hundley, died at her Nashville home on…
Taylor Swift Reacts to Meme About Her Dating History, “Tag that Swiftie (we all know one),” the Instagram account Betches captioned their post.
Post Views: 125 Taylor Swift’s love life has often made headlines over the years and in a surprising move, she has liked a series of memes about the men she’s dated. Taylor Swift’s love life has often made headlines over the years and in a surprising move, she has liked a series of memes about…
INDIA GOLD PRICE TODAY: GOLD RISES, ACCORDING TO MCX DATA
Post Views: 94 India Gold prices rose in India on Friday, according to data from India’s Multi Commodity Exchange (MCX) Gold price stood at 73,280 Indian Rupees (INR) per 10 grams, up INR 250 compared with the INR 73,030 it cost on Thursday. As for futures contracts, India Gold prices decreased to INR 72,635 per…
XAU/USD: Gold Price Is Trading Close To $2,400 Early Friday
Post Views: 107 reversing from a fresh five-day high reached at $2,418 earlier in the Asian session. Despite the pullback, XAU/USD Gold price remains on track to book the fifth weekly gain in a row. XAU/USD Gold price regains the upside traction and approaches the $2,400 mark, showing some near-term consolidation for the time being.…
IPL 2024 34th Match Today: LSG vs CSK Fantasy 11 And Dream 11, Team Predictions, LSG vs CSK Head-To-Head Record, Pitch Report
Post Views: 100 LSG vs CSK: IPL 2024 34th Match Today: Lucknow Super Giants will aim at reviving their campaign when they meet the Chennai Super Kings. After registering a comprehensive win over their arch-rivals Mumbai Indians, defending champions Chennai Super Kings will now turn their attention to their next encounter against the Lucknow Super…
EUR/JPY PRICE ANALYSIS: BULLS MAINTAIN CONTROL, CONSOLIDATION PHASE LIKELY
Post Views: 126 The EUR/JPY slightly declined to 164.70 in Thursday’s session. The EUR/JPY slightly declined to 164.70 in Thursday’s session. That being said, the overall trend still favors the bulls but a consolidation phase, suggested by bears dominating the hourly chart, may create a balanced playing field for both buyers and sellers ahead of the…
EUR/USD RETREATS TO 1.0645 LOWS FOLLOWING DOVISH COMMENTS FROM ECB MEMBERS
Post Views: 102 The EUR/USD remains vulnerable, dangerously close to the mid-term low at 1.0600. The Euro recovery has been capped a few pips shy of the 1.0700 area, and the pair pulled lower on Thursday, to hit intra-day lows at 1.0645. The dovish comments by ECB policymakers and strong US data endorsing the Fed’s “higher for…
GBP/USD STAYS FIRM AMID BOE, FED COMMENTARY AND US DATA
Post Views: 107 A slew of Federal Reserve officials keep pounding the mantra of patience when easing rates. The GBP/USD trades at 1.2456, almost flat. The Pound Sterling is virtually unchanged against the US Dollar in the mid-North American session, amid a scarce economic docket in the United Kingdom (UK) if not interrupted by Bank of…
US DOLLAR (USD) STRENGTHENS FOLLOWING ENCOURAGING LABOR MARKET DATA, HIGHER US TREASURY YIELDS, 19, April
Post Views: 111 The US Dollar Index (DXY) rose toward 106.25 on Thursday and appears on track to test the November 1 high near 107.10. What is underpinning this rise is the Federal Reserve’s (Fed) hawkish stance, along with a related recovery of US Treasury yields. Low Jobless Claims also benefited the US Dollar (USD).…
SILVER PRICE ANALYSIS: XAG/USD CLINGS TO $28.00 AMID HIGH US YIELDS
Post Views: 105 Silver Price clings to modest gains of 0.29% and stays above $28.00 for the sixth consecutive trading day amid higher US Treasury bond yields and a strong US Dollar. At the time of writing, the XAG/USD trades at $28.30 after hitting a daily low of $28.14. Silver clings to modest gains of…
USD/MXN: MEXICAN PESO DROPS AS US TREASURY YIELDS RISE ON ROBUST US DATA
Post Views: 104 The USD/MXN Mexican Peso depreciated against the US Dollar as sentiment shifted sour on Thursday. The Mexican Peso depreciated against the US Dollar as sentiment shifted sour on Thursday. Treasury yields in the United States (US) are rising following the release of a subdued US jobs report. Market participants remain wary that…
USD/CAD BACKTRACKS AFTER STRONG RALLY IN APRIL
Post Views: 117 USD/CAD is trading in the 1.3750s on Thursday, down roughly a tenth of a percent on the day as it continues to backtrack after the strong rally at the beginning of April. USD/CAD is trading in the 1.3750s on Thursday, down roughly a tenth of a percent on the day as it continues to…
WTI OIL SINKS OVER 3% IN TWO TRADING DAYS DESPITE SANCTION RISKS AGAINST IRAN
Post Views: 132 WTI Oil prices retreat further on Thursday. Oil prices retreat further on Thursday, extending the decline triggered on Wednesday after a string of headlines from the US President Joe Biden administration over tariffs and sanctions. On the tariff front, Biden called for higher fees on Chinese steel and aluminium. On the sanctions…
USD/CAD: CANADIAN DOLLAR RECOVERY STALLS ON STRONG US DATA, HAWKISH FEDSPEAK
Post Views: 114 The Canadian Dollar (USD/CAD) is trading higher for the second consecutive session on Thursday. The Canadian Dollar (CAD) is trading higher for the second consecutive session on Thursday, yet with weaker bullish momentum. Strong US macroeconomic data and hawkish comments from New York Federal Reserve (Fed) President John Williams have provided some…
AUD/USD TICKS HIGHER AS RBA ALSO EXPECTED TO DELAY CUTTING INTEREST RATES
Post Views: 108 AUD/USD climbs about a tenth of a percent into the 0.6440s on Thursday, continuing the correction of the steep sell-off in the pair at the start of April. AUD/USD climbs about a tenth of a percent into the 0.6440s on Thursday, continuing the correction of the steep sell-off in the pair at…
EUR/GBP RECOVERS TO 0.8550 AS ECB LAGARDE SEE FIGHT WITH INFLATION IS STILL ON
Post Views: 104 The EUR/GBP pair extends its recovery to 0.8550 in the early American session on Thursday. The cross recovered after discovering strong buying interest near the psychological support of 0.8500. The Euro strengthened against the Pound Sterling after commentary from ECB President Christine Lagarde raised doubts about whether the central bank will really pivot to…
USD/CAD PULLS BACK AMID US DOLLAR CORRECTION, LOWER CRUDE OIL PRICES
Post Views: 112 USD/CAD snaps its five-day winning streak, trading around 1.3820 during the Asian session on Wednesday. USD/CAD snaps its five-day winning streak, trading around 1.3820 during the Asian session on Wednesday. The mild correction in the US Dollar (USD) contributes to downward pressure on the USD/CAD pair. However, the weaker crude Oil prices could put pressure on…
INDIA GOLD PRICE TODAY: GOLD RISES, ACCORDING TO MCX DATA 17, April 2024
Post Views: 128 India Gold price rose in India on Tuesday, according to data from India’s Multi Commodity Exchange (MCX) Gold price stood at 72,985 Indian Rupees (INR) per 10 grams, up INR 666 compared with the INR 72,319 it cost on Monday. As for futures contracts, India Gold price increased to INR 72,461 per…
CANADIAN DOLLAR HITS FRESH FIVE-MONTH LOWS AFTER MIXED INFLATION DATA
Post Views: 142 The Canadian Dollar (CAD) is going through a sharp depreciation against a stronger Greenback on Tuesday, and the mixed Canadian Consumer Prices Index (CPI) has failed to provide any significant support. The Canadian Dollar (CAD) is going through a sharp depreciation against a stronger Greenback on Tuesday, and the mixed Canadian Consumer…
US UNITED STATES 52-WEEK BILL AUCTION: 4.915% VS 4.81% INDUSTRIAL PRODUCTION RISES 0.4% IN MARCH AS EXPECTED
Post Views: 122 Industrial Production in the US United States continued to expand at a moderate pace. US Dollar Index continues to fluctuate above 106.00. Industrial Production in the US grew 0.4% on a monthly basis in March, the US Federal Reserve (Fed) reported on Tuesday. This reading followed the 0.4% increase recorded in February…
USD/CAD CLIMBS ABOVE 1.3800 AFTER MIX CANADIAN INFLATION DATA
Post Views: 127 The USD/CAD pair jumps to 1.3820 in Tuesday’s early New York session after Statistics Canada reported a mixed Consumer Price Index (CPI) report for March. The USD/CAD pair jumps to 1.3820 in Tuesday’s early New York session after Statistics Canada reported a mixed Consumer Price Index (CPI) report for March. The agency showed that monthly headline CPI grew by 0.6%, slower from…
AUD/USD EXTENDS DOWNSIDE TO 0.6400 AS FED SEEMS TO DELAY RATE CUTS
Post Views: 117 The AUD/USD pair slumps to near the round-level support of 0.6400 in Tuesday’s early American session. The AUD/USD pair slumps to near the round-level support of 0.6400 in Tuesday’s early American session. The Aussie asset has extended its losing streak for the third trading session on Tuesday as the broader market mood…
USD/JPY ADVANCES ON STRONG US DOLLAR, HIGHER US YIELDS
Post Views: 118 USD/JPY rises propelled by strong US retail data strengthening the Dollar against the Yen. The US Dollar clocks gains versus the Japanese Yen in early trading during the North American session. Strong economic data from the United States (US) and neutral to hawkish comments by US Federal Reserve officials boost the Greenback.…
USD/CAD STANDS TALL NEAR 1.3800, HIGHEST SINCE NOVEMBER AS TRADERS LOOK TO CANADIAN CPI
Post Views: 141 The USD/CAD pair builds on last week’s breakout momentum through the 1.3600-1.3610 supply zone and gains some positive traction for the fifth successive day on Tuesday. The USD/CAD pair builds on last week’s breakout momentum through the 1.3600-1.3610 supply zone and gains some positive traction for the fifth successive day on Tuesday.…
UNITED KINGDOM ILO UNEMPLOYMENT RATE (3M) CAME IN AT 4.2%, ABOVE EXPECTATIONS (4%) IN FEBRUARY
Post Views: 137 The United Kingdom Unemployment Rate rose to 4.2% in three months to February. UK UNEMPLOYMENT RATE CLIMBS TO 4.2% IN QUARTER TO FEBRUARY VS. 4.0% EXPECTED The United Kingdom’s (UK) ILO Unemployment Rate came in at 4.2% in the three months to February, rising from 3.9% in the previous period, data published by the…
FOREX TODAY: US DOLLAR STRETCHES HIGHER AHEAD OF FEDSPEAK, HOUSING DATA
Post Views: 118 The US Dollar (USD) continues to gather strength early Tuesday after outperforming its major rivals on Monday. Here is what you need to know on Tuesday, April 16: strength early Tuesday after outperforming its major rivals on Monday. The US economic docket will feature Housing Starts and Building Permits data for March.…
EUR/USD FALLS TOWARD 1.0600 ON HIGHER EXPECTATIONS OF THE FED PROLONGING HIGHER RATES
Post Views: 297 EUR/USD extends its losing streak as the Fed is expected to maintain higher interest rates for an extended period. US Retail Sales (MoM) experienced a 0.7% increase in March, against the expected 0.3% and 0.9% prior. The dovish remarks from the ECB’s officials contribute to downward pressure on the Euro. EUR/USD continues…
CANADIAN DOLLAR USD/CAD REMAINS VULNERABLE AFTER STRONG US RETAIL SALES
Post Views: 127 The US Dollar has resumed its bullish trend as better-than-expected retail consumption data has confirmed the strong momentum of the US economy. The Canadian Dollar (CAD) recovery attempt seen during Monday’s European session has been short-lived. The US Dollar has resumed its bullish trend as better-than-expected retail consumption data has confirmed the…
EUR/USD DECLINES TOWARD 1.0600 AS UPBEAT US RETAIL SALES IMPROVE US DOLLAR’S APPEAL
Post Views: 143 The EUR/USD pair sees more downside below the immediate support of 1.0620 in Monday’s early American session. The EUR/USD pair sees more downside below the immediate support of 1.0620 in Monday’s early American session. The major currency pair weakens as robust spending by United States households at retail stores in March has improved the US Dollar’s appeal. The…
EUR/GBP COULD BREAK BELOW 0.85 THIS YEAR
Post Views: 136 EUR/GBP to dip to 0.84 in the second half of 2024 “It has been our view for some time that EUR/GBP could break below the 0.85 level this year. This view is based on the forecast of a slower start to BoE rate cuts. It also assumes that the UK election, which is expected…
SILVER PRICE TODAY FORECAST: XAG/USD RECOVERS ABOVE $28.50 DESPITE MULTIPLE TAILWINDS
Post Views: 140 Silver price (XAG/USD) finds strong buying interest near $27.50 after correcting from fresh highs of $29.80. Silver price (XAG/USD) finds strong buying interest near $27.50 after correcting from fresh highs of $29.80. The white metal rebounds to $28.50 in Monday’s American session but struggles to extend recovery as investors expect that Middle…
USD/JPY SOARS TO 34-YEAR HIGH AMIDST RISING US YIELDS, RISK AVERSION
Post Views: 127 USD/JPY continues its ascent, breaking past 154.00, driven by strong US economic data and risk aversion from Middle East tensions. Japanese officials voice worries over swift currency fluctuations, staying in close contact with global partners on financial and FX market developments. The US Dollar extended its gains versus the Japanese Yen in…
United States RETAIL SALES RISE 0.7% IN MARCH VS. 0.3% EXPECTED
Post Views: 109 Retail Sales in the US rose 0.7% in March to $709.6 billion, the US Census Bureau reported on Monday. This reading followed the 0.9% increase (revised from 0.6%) recorded in January and came in better than the market expectation of 0.3%. Retail Sales ex Autos grew 1.1% in the same period. “Total…
INDIA GOLD PRICE TODAY: GOLD FALLS, ACCORDING TO MCX DATA
Post Views: 149 Comex India Gold price cheers haven demand amid Iran-Israel conflict Gold prices fell in India on Monday, according to data from India’s Multi Commodity Exchange (MCX). Gold price stood at 72,319 Indian Rupees (INR) per 10 grams, down INR 582 compared with the INR 72,901 it cost on Friday. As for futures…
Gold price dips from fresh highs near $2,430 as investors don’t see Middle East tensions escalating further. Gold XAU/USD Price Today $2324 New Week Down Trand
Post Views: 131 Gold price drops as investors see Isran-Israel tensions stalling Gold price retreats from fresh all-time highs near $2,430 as investors see Iran’s air strike on the Israeli state only as a retaliation to the attack on their embassy in Syria near Damascus. Tensions between Iran and Israel are not expected to escalate…
GBP/USD pair rebounds from lows since November amid expectations of the Fed delaying rate cuts.
Post Views: 143 GBP/USD: Dollar (USD), trading around 1.2460 during Asian hours on Monday. The US Dollar (USD) maintains its position below its peak since November 2023, potentially restricting the upward momentum of the GBP/USD pair. US Dollar Index (DXY) hovers around 106.00, with the 2-year and 10-year yields on US Treasury bonds standing at 4.91% and…
Gold price (XAU/USD) attracts some dip-buying on the first day of a new week and stalls its retracement slide from a fresh all-time peak, around the $2,431-2,432 area touched on Friday.
Post Views: 139 Gold price (XAU/USD) attracts some dip-buying on the first day of a new week and stalls its retracement slide from a fresh all-time peak, around the $2,431-2,432 area touched on Friday. Iran’s attack on Israel over the weekend fueled concerns about a further escalation of conflicts in the Middle East, which, in…
WTI US CRUDE OIL PRICES OSCILLATES IN RANGE AROUND $85.00 MARK DESPITE WORSENING MIDDLE EAST CRISIS
Post Views: 142 West Texas Intermediate (WTI) US crude Oil prices fail to lure buyers despite Iran’s attack on Israel over the weekend and seesaws between tepid gains/minor losses during the Asian session on Monday. WTI kicks off the new week on a subdued note and reacts little to Iran’s attack on Israel. Worries about…
AUSTRALIAN DOLLAR BOUNCES BACK FROM EIGHT-WEEK LOWS AMID A FIRMER US DOLLAR
Post Views: 145 The Australian Dollar (AUD/USD) rebounds on Monday from the eight-week low of 0.6456 reached last Friday. The Australian Dollar (AUD) rebounds on Monday from the eight-week low of 0.6456 reached last Friday. However, the AUD/USD pair encountered obstacles as traders sought refuge in the US Dollar (USD) amidst heightened tensions in the…
IPL 2024: MI vs CSK , Pathirana picks 4 to help CSK win by 20 runs, Rohit Sharma century 105*
Post Views: 146 MI vs CSK, Score updates: and updates from the IPL 2024 match between Mumbai Indians and Chennai Super Kings at the Wankhede Stadium in Mumbai. MI VS CSK IPL 2024 MS Dhoni’s quickfire cameo alongside half-centuries from Ruturaj Gaikwad and Shivam Dube have helped Chennai Super Kings get to 206/4 against Mumbai…
Cryptocurrency: Bitcoin slump on Iran attack flashes warning for global markets
Post Views: 122 Bitcoin struggled for traction after sinking the most in more than a year, part of a wider tumble in. The largest cryptocurrency slid 7.7% on Saturday, the biggest such retreat since March 2023. The token pared some of the drop to change hands at about $63,230 as of 11:36 a.m. in Singapore…
T20 World Cup: Rinku Singh, Sanju Samson, Shubman Gill find no place in India’s T20 World Cup squad
Post Views: 166 With India’s squad for the T20 World Cup squad likely to be announced in a couple of weeks, it is a given that the Ajit Agarkar-led selection committee. Most of India’s squad members pick themselves but there are a few spots still up for grabs. There are many takers for the keeper-batter’s…
Biden Administration Forgives $7.4 Billion More in Student Loans
Post Views: 151 President Joe Biden’s changes to the rules of federal student loan programs has paid off for another batch of borrowers. President Joe Biden has forgiven federal student loans for another 277,000 borrowers, bringing the total number of people who got forgiveness under his administration to 4.3 million. Biden has forgiven $153 billion…
Dow Jones Industrial Average loses 476 points, JP Morgan tumbles 6%
Post Views: 149 Shares of Jp Morgan Chase fell more than 6% on the release of the bank’s first-quarter earnings. The week’s last trading session settled negative as concerns about inflation and geopolitics again dampened Wall Street market optimism. The market was also affected by a broad sell-off in big bank shares. Shares of Jp…
Cryptocurrency Market Today: Bitcoin Price Today Down $61000 Dollar
Post Views: 147 Cryptocurrency Market Today: Bitcoin Price Today Down Trand $60000 To $65000 Dollar Bitcoin Falls 9%, Drops Below $61K Before Rebound Other major cryptocurrencies saw similar declines. Bitcoin (BTC) and the broader cryptocurrency market fell nearly 9% on Saturday, with the price of the largest digital asset briefly falling below $61,000 before recovering to around…
US reaffirms ‘ironclad’ support to Israel amid Iran attack; Biden to convene G7 meet for ‘unified diplomatic response’
Post Views: 103 Biden also elaborated that Israel was able to “take down nearly all of the incoming drones and missiles” with the help of the US military. US President Joe Biden has reaffirmed the country’s “ironclad” support to Israel in the face of Iran’s first-ever direct attack on Israeli territory with drones and missiles.…
US attacks Iranian drones launched towards Israeli Military, guns down a few over Iraq
Post Views: 185 The Israeli military stated early on Sunday that Iran has launched over 100 explosives-laden drones towards Israel. Three U.S. officials have disclosed that on Saturday, the U.S. military intercepted and shot down Iranian drone aircraft en route to Israel, said a report by Reuters. However, they did not specify the number of drones…
SILVER PRICE ANALYSIS: XAG/USD PLUMMETS AFTER HITTING THREE-YEAR HIGH, STAYS BULLISH
Post Views: 127 Silver’s price tumbled on Friday’s session after refreshing three-year highs reached in February 2021. The grey metal peaked at $29.79 before plunging close to $2.00. The XAG/USD traded at $27.84, down 2.01%. Silver XAG/USD Price Analysis: Technical outlook Silver is bullishly biased despite retreating sharply after spiking toward the $29.70s area. However, achieving…
Cryptocurrency: Bitcoin Price Today $65000
Post Views: 183 Bitcoin today news, Down Trand $71000 high and $65000 is low UNITED STATES IMPORT PRICE INDEX (YOY) INCREASED TO 0.4% IN MARCH FROM PREVIOUS -0.8% lost All market Down
EUR/USD DIVES TO FRESH FIVE-MONTH LOWS NEAR 1.0600
Post Views: 265 The pair EUR/USD is on track to its weakest weekly performance in more than one year. The Euro has been falling like a stone over the last two days, crushed by the combination of a hawkish Federal Reserve and a dovish European Central Bank. The pair has lost nearly 2% in the…
Gold XAU/USD Price Down $2350
Post Views: 148 Gold XAU/USD Price Today Down $2350 Gold XAU/USD Price Down $2350, Today All-Time High $2430 and Gold Down $2350
Gold Rate Today (12th Apr 2024), Gold Price in India, 75,470.00 Indian Rupee
Post Views: 196 The price of gold Rate in India today is ₹ 6,720 per gram for 22 karat gold and ₹ 7,331 per gram for 24 karat gold Gold has over the years been a perfect hedge against inflation. Investors are increasingly looking at gold as an important investment. Goodreturns (OneIndia Money) is providing…
Gold XAU/USD New Price Today Advances To New Historic High Above $2,430
Post Views: 373
Gold Prices (XAU/USD) Climbs To A Record High Near $2430 During The Early Asian Session On Friday.
Post Views: 163 Gold prices (XAU/USD) climbs to a record high near $2430 during the early Asian session on Friday. The market expectation that the US Federal Reserve (Fed) will cut its benchmark interest rate this year is the main driver for the yellow metal. Gold Prices (XAU/USD) Today High $2430 All-Time Additionally, the gold…
GOLD CLIMBS TO A NEW ALL-TIME HIGH
Post Views: 194 Gold Price Today $2400 All-Time High Gold gathered bullish momentum and gained over 1.5% on Thursday. XAU/USD continues to push higher and was last seen trading at a new record high within a touching distance of $2,400.
GBP/USD CLINGS TO MILD LOSSES BELOW 1.2700 AHEAD OF US CPI DATA
Post Views: 147 GBP/USD trades with mild losses around 1.2675 on the consolidation of USD. The UK’s OBR forecasts the UK economy to grow by 0.8% this year as domestic demand has rebounded. The GBP/USD pair trades with a mild negative bias near 1.2675 during the early Asian session on Wednesday. The USD Index (DXY)…
GOLD PRICE TODAY: GOLD XAU/USD DIPS FROM PEAK HIGHS AS TRADERS AWAIT US CPI DATA 10 April 2024
Post Views: 240 Gold Price Today: Technical analysis: Gold’s XAU/USD Advance stalls near $2,350 as bulls take a breather Gold’s XAU/USD rally paused close to $2,350 as the Relative Strength Index (RSI) hit 84.23, its highest level since March 8. This indicates that the RSI is overbought and that the yellow metal is getting less…
cryptocurrency: Bitcoin (BTC) Price Today $68500
Post Views: 211 Today Bitcoin Price High $72000 And Low $68170 The global cryptocurrency market cap today is $2.71 Trillion, a -3.64% change in the last 24 hours.
GOLD PRICE KEEPS RISING ON ESCALATING GEOPOLITICAL TENSIONS AS US INFLATION
Post Views: 233 Gold price jumps above $2,360 on fresh escalation in Israel-Hamas tensions. Fed’s Goolsbee warns of upside risks to unemployment if interest rates remain higher for longer. US inflation data for March could come in higher than expected due to higher rentals, insurance costs, and portfolio management fees. Gold price (XAU/USD) keeps moving…
EUR/JPY PRICE ANALYSIS: TRADES WITH A MILD POSITIVE BIAS ABOVE 164.80
Post Views: 237 EUR/JPY posts modest gains around 164.88 amid the BoJ’s dovish stance. The cross maintains the bullish outlook above the key EMA; RSI indicator holds in the bullish territory above the 50-midline. The first upside barrier is located at 165.18; the initial support level is seen at 164.53. The EUR/JPY cross trades with…
FOREX TODAY: GOLD HITS YET ANOTHER RECORD HIGH TO START THE WEEK
Post Views: 348 Gold preserved its bullish momentum and hit a new all-time high above $2,350 at the weekly opening after gaining over 4% in the previous week. Here is what you need to know on Monday, April 8: Gold preserved its bullish momentum and hit a new all-time high above $2,350 at the weekly…
Technical Analysis: Gold price needs to consolidate before the next leg up amid extremely overbought RSI on the daily chart
Post Views: 265 Gold price needs to consolidate before the next leg up amid extremely overbought RSI From a technical perspective, Friday’s strong move up and acceptance above the $2,300 round-figure mark could be seen as a fresh trigger for bullish traders and support prospects for additional gains. That said, the Relative Strength Index (RSI)…
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