Thu. May 2nd, 2024
  • US DOLLAR GAINS MOMENTUM FOLLOWING STRONG EMPLOYMENT AND CONFIDENCE DATA

    Post Views: 41 The US Dollar Index (DXY) is presently trading higher at 105.95,  while the two-day Federal Reserve (Fed) meeting kicked off. The US Dollar Index (DXY) is presently trading higher at 105.95,  while the two-day Federal Reserve (Fed) meeting kicked off. Markets are expecting a hawkish hold by the central bank, but messaging by Jerome Powell will be key.…


  • CANADIAN DOLLAR FALLS BACK ON TUESDAY AMID BROAD-MARKET GREENBACK BIDDING

    Post Views: 46 The Canadian Dollar (CAD) eased against the Greenback on Tuesday after the American market session kicked the day off with a risk-off push after US wages outpaced expectations. The Canadian Dollar (CAD) eased against the Greenback on Tuesday after the American market session kicked the day off with a risk-off push after…


  • USD/CAD RISES ABOVE 1.3700 AS STRONG US Q1 EMPLOYMENT COST INDEX, WEAK CANADIAN GDP

    USD/CAD RISES ABOVE 1.3700 AS STRONG US Q1 EMPLOYMENT COST INDEX, WEAK CANADIAN GDP

    Post Views: 46 The USD/CAD pair rises above the crucial resistance of 1.3700 in Tuesday’s early American session. The USD/CAD pair rises above the crucial resistance of 1.3700 in Tuesday’s early American session. The Loonie asset strengthens as the US Dollar extends recovery after the United States Bureau of Labor Statistics (BLS) reported stronger-than-expected Q1…


  • GBP/USD PRICE ANALYSIS: DROPS BELOW 200-DMA, AT CROSS-ROADS TO RESUME DOWNTREND

    GBP/USD PRICE ANALYSIS: DROPS BELOW 200-DMA, AT CROSS-ROADS TO RESUME DOWNTREND

    Post Views: 47 GBP/USD declines 0.36% from its daily peak, under pressure from indications of rising US inflation. The Pound Sterling reverses its course against the US Dollar, after extending its gains past the 200-day moving average (DMA). However, data from the United States (US), showing that inflation could be picking up, as shown by the Employment Cost Index (ECI),…


  • GBP/JPY FLOATS HIGHER ON UPBEAT MARKET MOOD AFTER PREVIOUS DAY’S STEEP DESCENT30 April 2024

    Post Views: 46 GBP/JPY trades over a third of a percentage point higher at just above 197 on Tuesday. forces at work in April. This might have been expected to weaken GBP, given lower inflation is more likely to bring forward the time when the BoE could decide to cut interest rates.  “Shop Price annual…


  • US DOLLAR DECLINES AHEAD OF KEY FED MEETING29 April 2024, 20:00

    Post Views: 48 The US Dollar Index (DXY) is declining on Monday and fell to 105.70. The Bank of Japan (BoJ)’s recent intervention led to a slight drop in the USD value. The US Dollar Index (DXY) is declining on Monday and fell to 105.70. The Bank of Japan (BoJ)’s recent intervention led to a slight drop…


  • GOLD PRICE EDGES HIGHER AMID HEAVY USD SELLING IN JAPAN29 April 2024

    GOLD PRICE EDGES HIGHER AMID HEAVY USD SELLING IN JAPAN29 April 2024

    Post Views: 101 The Gold price (XAU/USD) edges higher on Monday, trading at $2,338 an ounce The Gold price (XAU/USD) edges higher on Monday, trading at $2,338 an ounce, on the back of a weaker US Dollar (USD) – the currency in which Gold is mostly quoted and traded in.  The USD depreciates after heavy selling pressure,…


  • SILVER (XAG/USD) PRICE ANALYSIS: SILVER PRICE FORMING A BEAR FLAG PRICE PATTERN

    Post Views: 49 Silver (XAG/USD) price then declined to the initial target for the H&S pattern at $26.70 and bounced. Since then it has been consolidating. Silver (XAG/USD) price may have formed a Bear Flag pattern on the 4-hour chart with negative implications for the precious metal’s price going forward.  4-hour Chart  After a steep decline between…


  • GERMANY ANNUAL CPI INFLATION HOLDS STEADY AT 2.2% IN APRIL29 April 2024,

    Post Views: 51  Destatis reported on Monday. Inflation in Germany, as measured by the change in the Consumer price Index (CPI), remained unchanged at 2.2% on a yearly basis in April, Germany’s Destatis reported on Monday. This reading came in below the market expectation of 2.3%. On a monthly basis, the CPI rose 0.5% following…


  • USD/CAD REMAINS SUPPORTED ABOVE 1.3640 AHEAD OF FED’S POLICY ANNOUNCEMENT29 April 2024

    USD/CAD REMAINS SUPPORTED ABOVE 1.3640 AHEAD OF FED’S POLICY ANNOUNCEMENT29 April 2024

    Post Views: 47 The USD/CAD pair holds auction above the immediate support of 1.3460 in Monday’s early American session. The USD/CAD pair holds auction above the immediate support of 1.3460 in Monday’s early American session. The Loonie asset finds support as the US Dollar Index (DXY) rebounds after discovering buying interest near the previous week’s low of around 105.46.…


  • AUD/USD PRICE ANALYSIS: UPTREND EXTENDS

    AUD/USD PRICE ANALYSIS: UPTREND EXTENDS

    Post Views: 53 AUD/USD extends its short-term uptrend as it trades in the mid-0.6550s on Monday. AUD/USD extends its short-term uptrend as it trades in the mid-0.6550s on Monday.  AUD/USD 4-hour Chartç The pair has formed a neat channel higher on the 4-hour chart used to assess the short-term trend.  AUD/USD is currently pulling back within the…


  • USD/JPY FINDS SUPPORT NEAR 155.00 AFTER PLUNGING DUE TO PROBABLE JAPAN’S INTERVENTION

    USD/JPY FINDS SUPPORT NEAR 155.00 AFTER PLUNGING DUE TO PROBABLE JAPAN’S INTERVENTION

    Post Views: 52 The USD/JPY finds provisional support near 155.00 in Monday’s early American session. The USD/JPY finds provisional support near 155.00 in Monday’s early American session. The asset registered a vertical sell-off from historic highs of 160.00, which market participants recognised as an outcome of suspected intervention by Japan’s authorities. However, Japan’s top currency diplomat, Masato…


  • FED CHAIR POWELL TO LIKELY SOUND MORE CAUTIOUS THAN USUAL – TD SECURITIES, 29 April 2024

    Post Views: 45 Analysts at TD Securities share a brief preview of this week’s key macroeconomic events from the US. Looking for payrolls to lose momentum this week amid a very busy data calendar for the US. Chair Powell will likely sound more cautious than usual, with a hawkish bent, regarding the policy outlook. “Higher…


  • GBP/USD PRICE ANALYSIS: CLIMBS ABOVE 1.2500, WITH BULLS TARGETING 200-DMA, 29 April 2024

    GBP/USD PRICE ANALYSIS: CLIMBS ABOVE 1.2500, WITH BULLS TARGETING 200-DMA, 29 April 2024

    Post Views: 50 GBP/USD rises, rebounding from 1.2474 amid rumors impacting the US Dollar. The Pound Sterling advanced sharply against the US Dollar in early trading during Monday’s North American session after hitting a daily low of 1.2474. Rumors of an intervention by Japanese authorities to propel the Japanese Yen (JPY) weighed on the Greenback, which is…


  • EUR/GBP PRICE ANALYSIS: BACK INSIDE THE MULTI-MONTH RANGE, 29 April 2024

    EUR/GBP PRICE ANALYSIS: BACK INSIDE THE MULTI-MONTH RANGE, 29 April 2024

    Post Views: 45 EUR/GBP is trading back inside its multi-month range after forming five down days in a row. EUR/GBP is trading back inside its multi-month range after forming five down days in a row. The range stretches from roughly a ceiling level at 0.8600 and a floor at 0.8530. EUR/GBP Daily Chart  EUR/GBP has…


  • GOLD PRICE (XAU/USD) MOVES HIGHER WITH EYES ON US CORE PCE INFLATION

    GOLD PRICE (XAU/USD) MOVES HIGHER WITH EYES ON US CORE PCE INFLATION

    Post Views: 80 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

    CANADIAN DOLLAR FOLLOWS BROADER MARKET FLOWS AS INVESTORS GRAPPLE WITH US PCE INFLATION

    Post Views: 83 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

    GBP/USD PRICE ANALYSIS: TUMBLES BELOW 1.2500 AS BEARS CUT BULLS HOPES SHORT

    Post Views: 78 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

    AUD/USD CONTINUES RISING AFTER US CORE PCE BEATS ESTIMATES WITH FIFTH UP-DAY IN A ROW

    Post Views: 77 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

    SILVER PRICE FORECAST: XAG/USD REMAINS SIDEWAYS NEAR $27.60 AS INVESTORS REASSESS FED RATE CUT BETS, 26 April 2024, 16:53

    Post Views: 163 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…


  • UNITED STATES UOM 5-YEAR CONSUMER INFLATION EXPECTATION MEETS EXPECTATIONS (3%) IN APRIL

    Post Views: 173 UNITED STATES MICHIGAN CONSUMER SENTIMENT INDEX CAME IN AT 77.2 BELOW FORECASTS (77.8) UNITED STATES CORE PERSONAL CONSUMPTION EXPENDITURES – PRICE INDEX (MOM) MEETS FORECASTS (0.3%) IN MARCH UNITED STATES PERSONAL CONSUMPTION EXPENDITURES – PRICE INDEX (YOY) ABOVE EXPECTATIONS (2.6%) IN MARCH: ACTUAL (2.7%) UNITED STATES PERSONAL SPENDING CAME IN AT 0.8%,…


  • USD/CHF PICKS UP FROM 0.9075 SUPPORT FOLLOWING FED GOLSBEE’S COMMENTS

    Post Views: 167 USD/CHF bears need to breach 0.9075 support level. The US Dollar has retraced previous losses, as news of an Israeli attack on Iran boosted the safe-haven CHF, to consolidate at previous ranges, above the 0.9075 resistance area. On Friday, Chicago Fed President Austen Goolsbee has reiterated the the lack of progress on inflation and reaffirmed the…


  • GBP/USD DROPS AFTER MIXED UK RETAIL SALES, RISK AVERSION

    GBP/USD DROPS AFTER MIXED UK RETAIL SALES, RISK AVERSION

    Post Views: 105 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

    GOLD PRICE HOLDS STRENGTH AS MIDDLE EAST TENSIONS PROPEL SAFE-HAVEN DEMAND

    Post Views: 144 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: 142 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…


  • AUD/USD HOLDS RECOVERY ABOVE 0.6400 AS US DOLLAR DIPS

    Post Views: 135 The AUD/USD pair holds gains above the round-level support of 0.6400 in Friday’s early New York session.  The AUD/USD pair holds gains above the round-level support of 0.6400 in Friday’s early New York session. The Aussie asset recovers as fears of further escalation in Middle East tensions ease after Iran reported that…


  • CANADIAN DOLLAR PICKS UP AS GEOPOLITICAL CONCERNS EASE

    Post Views: 130 The Canadian Dollar (CAD) is trading higher for the third consecutive session on Friday and is on track for a moderate weekly recovery after a sharp sell-off over the previous two weeks. The Canadian Dollar (CAD) is trading higher for the third consecutive session on Friday and is on track for a…


  • MEXICAN PESO STRUGGLES AMID GEOPOLITICAL TENSIONS DESPITE RECORDING SOLID RETAIL SALES

    Post Views: 131 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…


  • DOW JONES ADVANCES MODERATELY IN A CAUTIOUS MARKET MOOD

    Post Views: 96 The Dow Jones Industrial Average (DJIA) is trading moderately higher on Friday with Wall Street indexes mixed on looming geopolitical concerns. News from an Israeli attack on Iran has boosted risk aversion although the Islamic Republic has downplayed the incident and showed no intention to retaliate. The US economic calendar is light today. Chicago Federal Reserve President…


  • FORECASTING THE COMING WEEK: FOCUS REMAINS ON CENTRAL BANK’S POLICY DIVERGENCE

    Post Views: 123 It was a choppy week for the Greenback despite reaching new higher around 106.50 when measured by the USD Index (DXY). Another week dominated by bets regarding the most-likely timing of the Fed’s start of the easing cycle saw the US Dollar rise to new highs, while conviction of an interest rate…


  • US DOLLAR SEES SLIGHT FRIDAY DOWNFALL AS BUYER MOMENTUM DWINDLES

    Post Views: 144 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.

    Grammy award-winning Christian music artist and American Idol contestant alum Mandisa Lynn Hundley died at 47.

    Post Views: 122 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.

    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: 160 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

    INDIA GOLD PRICE TODAY: GOLD RISES, ACCORDING TO MCX DATA

    Post Views: 233 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

    XAU/USD: Gold Price Is Trading Close To $2,400 Early Friday

    Post Views: 146 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

    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: 141 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

    EUR/JPY PRICE ANALYSIS: BULLS MAINTAIN CONTROL, CONSOLIDATION PHASE LIKELY

    Post Views: 164 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

    EUR/USD RETREATS TO 1.0645 LOWS FOLLOWING DOVISH COMMENTS FROM ECB MEMBERS

    Post Views: 144 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

    GBP/USD STAYS FIRM AMID BOE, FED COMMENTARY AND US DATA

    Post Views: 140 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

    US DOLLAR (USD) STRENGTHENS FOLLOWING ENCOURAGING LABOR MARKET DATA, HIGHER US TREASURY YIELDS, 19, April

    Post Views: 149 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

    SILVER PRICE ANALYSIS: XAG/USD CLINGS TO $28.00 AMID HIGH US YIELDS

    Post Views: 143 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…


  • DOW JONES BOUNCES UP AMID STRONG US DATA AND HAWKISH FED COMMENTS

    Post Views: 139 Broader Dow Jones trend remains negative, on corrective reversal from March highs. The Dow Jones Industrial Average (DJIA) is finally posting gains in January as investors digest the strong US economic outlook and pare back their interest rate cut hopes. US jobless claims and manufacturing activity figures have endorsed the view of…


  • USD/MXN: MEXICAN PESO DROPS AS US TREASURY YIELDS RISE ON ROBUST US DATA

    USD/MXN: MEXICAN PESO DROPS AS US TREASURY YIELDS RISE ON ROBUST US DATA

    Post Views: 245 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/CHF DIPS BELOW 0.9100 AS US DOLLAR CORRECTS

    Post Views: 137 The USD/CHF pair falls below the round-level support of 0.9100 in Thursday’s European session. The USD/CHF pair falls below the round-level support of 0.9100 in Thursday’s European session. The Swiss Franc asset comes under pressure as the US Dollar drops amid cheerful market mood. The US Dollar faces selling pressure after refreshing a five-month high. The…


  • USD/CAD BACKTRACKS AFTER STRONG RALLY IN APRIL

    USD/CAD BACKTRACKS AFTER STRONG RALLY IN APRIL

    Post Views: 153 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

    WTI OIL SINKS OVER 3% IN TWO TRADING DAYS DESPITE SANCTION RISKS AGAINST IRAN

    Post Views: 167 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

    USD/CAD: CANADIAN DOLLAR RECOVERY STALLS ON STRONG US DATA, HAWKISH FEDSPEAK

    Post Views: 152 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…


  • ECB’S VILLEROY: BARRING A MAJOR SURPRISE, WE SHOULD CUT RATES IN NEXT MEETING

    Post Views: 143 The EUR/USD pair inched slightly lower following these comments and was last seen losing 0.1% on the day at 1.0660 French central bank head and European Central Bank (ECB) policymaker Villeroy de Galhau said on Thursday that they could cut rates in the next meeting, barring a major surprise, per Reuters. Key takeaways “The risk would…


  • AUD/USD TICKS HIGHER AS RBA ALSO EXPECTED TO DELAY CUTTING INTEREST RATES

    AUD/USD TICKS HIGHER AS RBA ALSO EXPECTED TO DELAY CUTTING INTEREST RATES

    Post Views: 147 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

    EUR/GBP RECOVERS TO 0.8550 AS ECB LAGARDE SEE FIGHT WITH INFLATION IS STILL ON

    Post Views: 137 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…


  • SILVER (XAG/USD) PRICE ANALYSIS: TRADING AT THE TOP OF A FOUR-YEAR CONSOLIDATION ZONE

    Post Views: 143 Silver (XAG/USD) has broken out of the narrow range it was trapped in since the start of 2023, which ran from between roughly $21.00 and $26.00, and risen up to the top of a larger consolidation. Silver (XAG/USD) has broken out of the narrow range it was trapped in since the start…


  • UNITED STATES EIA NATURAL GAS STORAGE CHANGE REGISTERED AT 50B, BELOW EXPECTATIONS (54B) IN APRIL 12

    Post Views: 133 UNITED STATES EXISTING HOME SALES (MOM) CAME IN AT 4.19M BELOW FORECASTS (4.2M) IN MARCH UNITED STATES EXISTING HOME SALES CHANGE (MOM): -4.3% (MARCH) VS PREVIOUS 9.5% FED’S WILLIAMS: NO URGENCY TO CUT RATES New York Federal Reserve President John Williams said on Thursday that he doesn’t feel an urgency to cut…


  • USD/CAD PULLS BACK AMID US DOLLAR CORRECTION, LOWER CRUDE OIL PRICES

    Post Views: 150 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…


  • EUR/JPY PRICE ANALYSIS: BULLS MAKE A STRIDE AND RECLAIM THE 20-DAY SMA

    Post Views: 129 The EUR/JPY pair is trading at 164.22, recording a slight uptick on Tuesday’s session. The EUR/JPY pair is trading at 164.22, recording a slight uptick on Tuesday’s session. This slight appreciation points towards a continuing strength of the Euro against the Japanese Yen. Despite minor market fluctuations suggesting temporary corrections, the broader…


  • MEXICAN PESO NOSEDIVES AS RISK AVERSION GRIPS MARKETS AMID MIDDLE EAST TENSIONS

    Post Views: 151 The Mexican Peso trips down and plunges more than 1.8% against the US Dollar on Tuesday, courtesy of risk aversion. An escalation of Middle East conflict looms, along with solid economic data from the United States (US) and overall US Dollar strength. The USD/MXN trades at 17.04, bouncing off daily lows of 16.68.…


  • DOW JONES TICKS UP WITH GEOPOLITICAL RISKS WEIGHING ON RISK APPETITE

    Post Views: 169 The Dow Jones Industrial Average (DJIA) is going through a moderate advance in a cautious session on Tuesday morning. The Dow Jones Industrial Average (DJIA) is going through a moderate advance in a cautious session on Tuesday morning. The high US Treasury yields and market concerns about the volatile situation in the…


  • INDIA GOLD PRICE TODAY: GOLD RISES, ACCORDING TO MCX DATA 17, April 2024

    INDIA GOLD PRICE TODAY: GOLD RISES, ACCORDING TO MCX DATA 17, April 2024

    Post Views: 196 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…


  • NATURAL GAS (XNG/USD) RECOVERS AS ISRAEL PROMISES RESPONSE TO IRAN ATTACK

    Post Views: 170 Natural Gas (XNG/USD) prices are getting some support on Tuesday after Israel issued a harsh statement saying that it has no choice but to retaliate again against Iran, ignoring several diplomatic calls and G7 leaders urging Israel to keep its head cool.  Natural Gas (XNG/USD) prices are getting some support on Tuesday…


  • CANADIAN DOLLAR HITS FRESH FIVE-MONTH LOWS AFTER MIXED INFLATION DATA

    CANADIAN DOLLAR HITS FRESH FIVE-MONTH LOWS AFTER MIXED INFLATION DATA

    Post Views: 176 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

    US UNITED STATES 52-WEEK BILL AUCTION: 4.915% VS 4.81% INDUSTRIAL PRODUCTION RISES 0.4% IN MARCH AS EXPECTED

    Post Views: 158 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

    USD/CAD CLIMBS ABOVE 1.3800 AFTER MIX CANADIAN INFLATION DATA

    Post Views: 165 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

    AUD/USD EXTENDS DOWNSIDE TO 0.6400 AS FED SEEMS TO DELAY RATE CUTS

    Post Views: 155 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…


  • LAGARDE SPEECH: ECB WILL CUT RATES SOON, BARRING ANY MAJOR SURPRISES

    Post Views: 151 Market reaction EUR/USD came under modest bearish pressure with the immediate reaction. At the time of press, the par was virtually unchanged on the day at 1.0627 In an interview with CNBC on Tuesday, European Central Bank (ECB) President Christine Lagarde said that the ECB will cut rates soon, barring any major surprises, per Reuters.…


  • USD/JPY ADVANCES ON STRONG US DOLLAR, HIGHER US YIELDS

    USD/JPY ADVANCES ON STRONG US DOLLAR, HIGHER US YIELDS

    Post Views: 154 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

    USD/CAD STANDS TALL NEAR 1.3800, HIGHEST SINCE NOVEMBER AS TRADERS LOOK TO CANADIAN CPI

    Post Views: 177 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

    UNITED KINGDOM ILO UNEMPLOYMENT RATE (3M) CAME IN AT 4.2%, ABOVE EXPECTATIONS (4%) IN FEBRUARY

    Post Views: 172 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…


  • POUND(GBP) STERLING REFRESHES FIVE MONTH LOW AFTER WEAK UK EMPLOYMENT DATA

    Post Views: 209 The Pound Sterling extends its downside to 1.2410 as the United Kingdom ONS has reported weak labor market data. The Pound Sterling (GBP) weakens in Tuesday’s London session after the United Kingdom Office for National Statistics (ONS) reported that labor market conditions have significantly cooled down in the three months ending February.…


  • FOREX TODAY: US DOLLAR STRETCHES HIGHER AHEAD OF FEDSPEAK, HOUSING DATA

    Post Views: 223 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.…


  • NZD/USD PRICE ANALYSIS: BEARS MAINTAIN CONTROL, UPWARDS CORRECTION SIGNALS EMERGE

    Post Views: 127 The daily RSI reveals a negative trend for NZD/USD, suggesting prevalent selling pressure. As the RSI stands near oversold conditions, the daily chart hints at a potential consolidation in the next sessions. Indicators on the hourly chart corroborate the selling bias, while subtly highlighting signs of imminent recovery. The NZD/USD pair is currently…


  • EUR/USD FALLS TOWARD 1.0600 ON HIGHER EXPECTATIONS OF THE FED PROLONGING HIGHER RATES

    EUR/USD FALLS TOWARD 1.0600 ON HIGHER EXPECTATIONS OF THE FED PROLONGING HIGHER RATES

    Post Views: 347 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

    CANADIAN DOLLAR USD/CAD REMAINS VULNERABLE AFTER STRONG US RETAIL SALES

    Post Views: 168 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

    EUR/USD DECLINES TOWARD 1.0600 AS UPBEAT US RETAIL SALES IMPROVE US DOLLAR’S APPEAL

    Post Views: 179 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 

    EUR/GBP COULD BREAK BELOW 0.85 THIS YEAR 

    Post Views: 171 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

    SILVER PRICE TODAY FORECAST: XAG/USD RECOVERS ABOVE $28.50 DESPITE MULTIPLE TAILWINDS

    Post Views: 178 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

    USD/JPY SOARS TO 34-YEAR HIGH AMIDST RISING US YIELDS, RISK AVERSION

    Post Views: 159 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: 145 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

    INDIA GOLD PRICE TODAY: GOLD FALLS, ACCORDING TO MCX DATA

    Post Views: 294 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

    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: 166 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.

    GBP/USD pair rebounds from lows since November amid expectations of the Fed delaying rate cuts.

    Post Views: 177 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.

    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: 173 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

    WTI US CRUDE OIL PRICES OSCILLATES IN RANGE AROUND $85.00 MARK DESPITE WORSENING MIDDLE EAST CRISIS

    Post Views: 174 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

    AUSTRALIAN DOLLAR BOUNCES BACK FROM EIGHT-WEEK LOWS AMID A FIRMER US DOLLAR

    Post Views: 190 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: 186 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

    Cryptocurrency: Bitcoin slump on Iran attack flashes warning for global markets

    Post Views: 162 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

    T20 World Cup: Rinku Singh, Sanju Samson, Shubman Gill find no place in India’s T20 World Cup squad

    Post Views: 219 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

    Biden Administration Forgives $7.4 Billion More in Student Loans

    Post Views: 245 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: 193 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

    Cryptocurrency Market Today: Bitcoin Price Today Down $61000 Dollar

    Post Views: 191 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’

    US reaffirms ‘ironclad’ support to Israel amid Iran attack; Biden to convene G7 meet for ‘unified diplomatic response’

    Post Views: 251 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

    US attacks Iranian drones launched towards Israeli Military, guns down a few over Iraq

    Post Views: 233 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…


  • NZD/USD PRICE ANALYSIS: BEARISH DOMINANCE PERSISTS, SIGNS OF SHORT-TERM BULLISH RECOVERY DETECTED

    Post Views: 265 The daily RSI of the NZD/USD reveals that sellers remain in command with values below 50. The NZD/USD pair reflects the ongoing dominance of sellers, declining towards the 0.5935 mark. While signs of bearish control are evident, there is a clue of bullish resilience, hinting at a neutral to bearish outlook in the…


  • SILVER PRICE ANALYSIS: XAG/USD PLUMMETS AFTER HITTING THREE-YEAR HIGH, STAYS BULLISH

    SILVER PRICE ANALYSIS: XAG/USD PLUMMETS AFTER HITTING THREE-YEAR HIGH, STAYS BULLISH

    Post Views: 170 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…


  • Arizona State Retirement System Has $2.06 Million Holdings in Comfort Systems USA, Inc. (NYSE:FIX)

    Post Views: 189 Arizona State Retirement System reduced its stake in shares of Comfort Systems USA, Inc. Arizona State Retirement System reduced its stake in shares of Comfort Systems USA, Inc. (NYSE:FIX – Free Report) by 1.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission…


  • Cryptocurrency: Bitcoin Price Today $65000

    Cryptocurrency: Bitcoin Price Today $65000

    Post Views: 281 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 

    EUR/USD DIVES TO FRESH FIVE-MONTH LOWS NEAR 1.0600 

    Post Views: 309 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

    Gold XAU/USD Price Down $2350

    Post Views: 282 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

    Gold Rate Today (12th Apr 2024), Gold Price in India, 75,470.00 Indian Rupee

    Post Views: 340 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: 514


  • Gold Prices (XAU/USD) Climbs To A Record High Near $2430 During The Early Asian Session On Friday.

    Gold Prices (XAU/USD) Climbs To A Record High Near $2430 During The Early Asian Session On Friday.

    Post Views: 197 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

    GOLD CLIMBS TO A NEW ALL-TIME HIGH

    Post Views: 235 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.