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Forex
Gold Price Forecast: XAU/USD attracts some buyers to near $2,700, traders brace for Fed rate decision
Gold price rebounds to around $2,690 in Friday’s Asian session, adding 42% on the day.
Gold demand and geopolitical risks could support the Gold price. …
Japan’s Large Manufacturing Index improves to 14.0 in the fourth quarter (Q4) of 2024 – Tankan survey
Business confidence at large manufacturers in Japan improved in the fourth quarter (Q4) of 2024, according to the Bank of Japan's quarterly Tankan survey on…
GBP/USD breaks down as Pound bulls roll over
GBP/USD backslid 0.55% on Thursday, slipping back below 1.2700.
Quiet newsflows out of the UK and a limited data docket crimp Cable flows.
Pound Sterling…
EUR/AUD Price Forecast: Recovers after plunging below 1.6400 post ECB decision
EUR/AUD rebounds from a low of 1.6361, trimming earlier losses.
Technical outlook shows EUR/AUD consolidated within the 1.6350-1.6480 range amid mixed…
Forex Today: US PPI inflation uptick keeps sentiment taut
US PPI inflation figures ticked higher in November, causing investors to tighten their stance slightly and keep the safe haven Greenback bid into the high…
Mexican Peso retreats on thin trading after strong US PPI
Mexican Peso depreciates and reverses weekly gains amid mixed US economic reports.
US Producer Price Index climbs to highest level since June, fueling…
Pound Sterling Price News and Forecast: GBP/USD drops against USD after hot US PPI data
The Pound Sterling (GBP) surrenders gains and turns negative against the US Dollar (USD) in Thursday’s North American session. The GBP/USD pair declines to…
Dow Jones Industrial Average adrift after PPI uptick
The Dow Jones is settling back into the 44,000 handle as investors take a pause.
US PPI inflation accelerated faster than expected in November.
Analysts…
Gold price retreats on mixed US data, rate cut speculation
Gold declines over 1% as US PPI rises unexpectedly, countering a weak jobs report and complicating disinflation narrative.
Investors anticipate a potential…
EUR/USD Price Analysis: Pair slips to 1.0500, deepens losses below 20-day SMA
EUR/USD declines further on Thursday, deepening losses below the 20-day SMA.
RSI remains flat at in negative territory, signaling persistent bearish…