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Forex
Significant sell-off continues – Deutsche Bank
Deutsche Bank's report, authored by Jim Reid, highlights a major sell-off in Gold, with a decline of 8.95%, marking its largest daily drop since 2013. The report attributes this…
Australian Dollar declines as US Dollar gains on cautious tone surrounding Fed
The Australian Dollar (AUD) weakens against the US Dollar (USD) on Monday after registering over 1% losses in the previous session. The AUD/USD pair remains subdued following…
This crash was not “Bad luck” (Elliott Wave analysis) [Video]
Was the recent crash just 'bad luck' or a technical inevitability?In this video, we decode the market's hidden signals using Elliott Wave analysis. We break down why the Nifty and…
Gold price in Malaysia: Rates on February 2
Gold prices fell in Malaysia on Monday, according to data compiled by FXStreet.The price for Gold stood at 584.43 Malaysian Ringgits (MYR) per gram, down compared with the MYR…
XAG/USD gauges temporary support above $70 at the start of US NFP week
Silver price (XAG/USD) trades cautiously at around $80 during the Asian trading session at the start of the week, slightly above the fresh four-week low of $73.33 posted on Friday.…
New Zealand Dollar strengthens above 0.6000 after Chinese PMI data
The NZD/USD pair holds positive ground around 0.6025 during the early Asian session on Monday. The New Zealand Dollar (NZD) remains firm against the US Dollar (USD) following the…
Pound Sterling holds steady near 1.3700 as markets assess Warsh’s Fed outlook
The GBP/USD pair trades on a flat note near 1.3695 during the early Asian session on Monday. Traders weigh what a Federal Reserve (Fed) under Kevin Warsh might look like. The US…
OPEC+ agrees to keep oil output unchanged for March
The Organization of the Petroleum Exporting Countries and its allies (OPEC+) agreed to keep its oil output unchanged for March at a meeting on Sunday. The group announced that the…
China’s Xi says is on a ‘strong currency’ mission to make the Yuan a global reserve
China’s President Xi Jinping said in an article published on Saturday in Qiushi that he has renewed calls for the Chinese Yuan to build a “strong currency” that can become widely…
When are the BoJ Summary of Opinions and how could they affect USD/JPY?
The BoJ Summary of Opinions PreviewThe Bank of Japan (BOJ) will publish its report on Sunday at 23:50 GMT. This report includes the BOJ's projection for inflation and economic…