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Forex
EUR/JPY remains subdued near 163.00 following BoJ Meeting Minutes
EUR/JPY depreciates as the latest BoJ Meeting Minutes highlighted the possibility of gradual rate hikes if inflation trends as expected.
The Euro remains…
NZD/USD Price Forecast: Hovers near 0.5650, dovish RSI reflects a growing bearish bias
NZD/USD hovers around the descending channel’s lower boundary, reflecting a growing bearish bias.
The bearish sentiment is being reinforced as the RSI…
GBP/JPY remains on the back foot below 197.00 amid intervention fears
GBP/JPY consolidates in a range on Tuesday amid mixed fundamental cues.
The BoJ rate hike uncertainty undermines the JPY and supports spot prices.
The…
Silver price today: Silver broadly unchanged, according to FXStreet data
Silver prices (XAG/USD) broadly unchanged on Tuesday, according to FXStreet data.
Silver trades at $29.63 per troy ounce, broadly unchanged
0.07%…
Silver Price Forecast: XAG/USD drops to near $29.50, facing pressure from Fed’s moderate hawkish stance
Silver price falls to near $29.50 amid firm US Treasury yields.
US bond yields trade near more than a six-month high as the Fed guided fewer rate cuts in…
Bank of America Corp. ($BAC) blue box area offers a buying opportunity
In today’s article, we’ll examine the recent performance of Bank of America Corp. ($BAC) through the lens of Elliott Wave Theory. We’ll review how the rally…
AUD/USD Price Forecast: Sees fresh downside below 0.6200
AUD/USD falls to near 0.6230 as the RBA opens doors for interest rate cuts.
Fed’s fewer interest rate cut guidance has kept the US Dollar on the frontfoot.…
GBP/USD hits 1.2550 amid low trading volume
GBP/USD trades near 1.2570 as volume remains low during the holiday week.
The US Dollar Index DXY stays stable around 108.15, showing little movement.…
Gold Price Forecast: XAU/USD holds around $2,610 ahead of Christmas Eve
Gold remains steady near $2,610 as the US Dollar continues to strengthen.
Fed signals fewer rate cuts next year, reducing upward pressure on Gold.
XAU/USD…
Pound Sterling Price News and Forecast: GBP/USD hits 1.2550 amid low trading volume
The GBP/USD pair has seen a modest rise to 1.2550, as low trading volume characterizes the market this week due to the upcoming Christmas holidays. The pair…