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Forex
Bailey speech: Our commitment to 2% inflation target is unwavering
Bank of England Governor Andrew Bailey reiterated on Friday that their commitment to the 2% inflation target is unwavering, per Reuters.Key takeaways"Good we…
ECB’s Rehn: Disinflation is on track and the growth outlook is weakening
European Central Bank (ECB) policymaker Olli Rehn commented on the inflation and growth outlook on Friday.Rehn said that “disinflation is on track and the…
EUR/GBP rises to near 0.8500, dovish ECB tone caps upside
EUR/GBP remains under pressure as markets increasingly anticipate further ECB rate cuts, potentially as soon as June.The European Commission has initiated a…
Japanese Yen sticks to modest recovery gains against USD; upside potential seems limited
The Japanese Yen attracts some intraday buyers on Friday, though the upside seems limited.The mixed Japanese macro data boosts the case for further BoJ rate…
United Arab Emirates Gold price today: Gold rises, according to FXStreet data
Gold prices rose in United Arab Emirates on Friday, according to data compiled by FXStreet.
The price for Gold stood at 391.84 United Arab Emirates Dirhams…
Gold price recovers modest Asian session losses; climbs back above $3,300 mark
Gold price attracts some dip-buyers following a modest Asian session slide to the $3,275-3,275 area. The optimism over the US-UK trade deal and the US-China…
USD/INR surges due to risk aversion triggered by escalating India-Pakistan tensions
The Indian Rupee comes under renewed pressure as geopolitical tensions escalate between India and Pakistan.India's announcement of neutralizing military…
AUD/USD moves below 0.6400 ahead of China’s trade balance data
AUD/USD continues to face downward pressure amid stalled US-China trade negotiations.Beijing is unlikely to ease tariffs ahead of the upcoming talks in…
Silver Price Forecast: XAG/USD steady above $32 as risk sentiment improves on US-China talks
Silver capped by 50-day SMA at $32.68 despite intraday high of $32.93; RSI turns flat near neutral.Break above $33.00 could open path to $33.68 and $34.00;…
EUR/USD fumbles again as trade deal hopes bolster Greenback bids
EUR/USD explored the low end once again on Thursday, testing 1.1200.Greenback market flows are on the high side after a pending US-UK trade deal…