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Forex
US Initial Jobless Claims jump to 236K, Dollar weakens to eight-week low
The number of Americans filing for new unemployment benefits increased to 236,000 in the week ending December 6, the US Department of Labor (DOL) reported on Thursday. The figure…
EUR/CHF slips as Franc strengthens after SNB holds rates at 0%
The Euro (EUR) edges lower against the Swiss Franc (CHF) on Thursday as the CHF strengthens in the aftermath of the latest Swiss National Bank (SNB) interest rate decision. At the…
Gold consolidates with Fed caution keeping bulls in check
Gold (XAU/USD) eases slightly on Thursday as investors reassess the Federal Reserve’s (Fed) monetary policy outlook after the latest interest rate cut. At the time of writing, the…
EUR/USD rallies to fresh highs as risk appetite returns to the markets
EUR/USD has retraced previous losses to reach nearly two-month highs above 1.1710 at the time of writing, after bouncing from 1.1680 earlier in the day. An improving market…
XAG/USD remains bid above $62.00
Silver (XAG/USD) sits comfortably above the $62.00 level on Thursday’s European trading session, with the all-time high of $62.89 at a short distance. A dovish message from the US…
Silver price today: rises on December 11
Silver prices (XAG/USD) rose on Thursday, according to FXStreet data. Silver trades at $62.00 per troy ounce, up 0.35% from the $61.78 it cost on Wednesday.Silver prices have…
Pound Sterling holds Fed-related gains ahead of UK monthly GDP data
The Pound Sterling (GBP) trades cautiously against its major peers on Thursday, broadly holding the gains after the Fed rate cut, as investors prepare for the release of key United…
Japanese Yen remains on the back foot; USD/JPY retakes 156.00
The Japanese Yen (JPY) extends its steady intraday descent against a broadly rebounding US Dollar (USD) and slides to a fresh daily low heading into the European session on…
When is the SNB’s interest rate decision and how could it affect USD/CHF?
The Swiss National Bank (SNB) is scheduled to announce its last monetary policy of 2025 today at 08:30 GMT.The SNB is expected to hold interest rates steady at 0% for the second…
FOMC lowers rates for third straight meeting
The Federal Open Market Committee (FOMC) lowered the federal funds rate by 25 basis points for the third straight meeting on Wednesday.The rate is now at the 3.50% to 3.75% range –…