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Forex
US Dollar rebounds to wrap up 2025
Here is what you need to know on Wednesday, December 31:The US Dollar (USD) Index extends its recovery heading toward the end of the year and trades at a fresh nine-day high above…
EUR/GBP softens below 0.8750 as BoE hints at a slower pace for future cuts
The EUR/GBP cross softens to around 0.8720 during the early European session on Wednesday. A cautious tone surrounding the Bank of England’s (BoE) policy outlook could provide some…
Gold jumps on US rate cut prospects, safe-haven demand
Gold price (XAU/USD) extends the rally above $4,350 during the early European trading hours on Wednesday. Gold's price has surged about 65% this year and is set to record its…
Gold price in Saudi Arabia: Rates on December 31
Gold prices fell in Saudi Arabia on Wednesday, according to data compiled by FXStreet.The price for Gold stood at 522.26 Saudi Riyals (SAR) per gram, down compared with the SAR…
Zigzag correction likely to find support for extension to new highs [Video]
Russell 2000 Futures (RTY) has broken to a new all‑time high, and this confirms that the broader trend remains bullish. The cycle from the April 2025 low continues to advance as an…
Australian Dollar steadies despite upbeat China PMI data
The Australian Dollar (AUD) inches higher against the US Dollar (USD), holding ground for the second successive session. Volumes are expected to be thin due to the New Year's…
New Zealand Dollar holds losses below 0.5800 despite upbeat Chinese PMI data
The NZD/USD pair holds losses near 0.5785 during the Asian trading hours on Wednesday. The New Zealand Dollar (NZD) remains weak against the US Dollar (USD) despite the upbeat…
Pound Sterling trades flat above 1.3450 amid thin trading volume
The GBP/USD pair holds steady around 1.3465 during the early Asian trading hours on Wednesday. However, the Bank of England (BoE) guided that monetary policy will remain on a…
USD/JPY treads water near 156.00 as the year draws to an end
USD/JPY remains caught in near-term congestion just north of the 156.00 handle during the final week of 2025’s trading year. Yen traders are battling headwinds on multiple fronts,…
FOMC Minutes showed most officials judged further rate cuts would be appropriate
The Federal Open Market Committee (FOMC) released the Minutes of the December meeting, and the document showed that most participants are willing to deliver additional rate cuts if…