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Forex
USD/JPY consolidates amid hawkish BoJ signals – OCBC
USD/JPY steadied after BoJ Governor Ueda signaled a possible December rate hike, lifting market expectations to an 81% probability. Pair was last seen at 155.98 levels, OCBC's FX…
Central Bank should keep powder dry if needed
European Central Bank (ECB) policymaker Martin Kocher stated during the European trading session on Tuesday that the central bank should “keep powder dry and be able to react if…
Japanese Yen holds intraday losses; BoJ rate hike bets limit downside
The Japanese Yen (JPY) sticks to intraday losses heading into the European session on Tuesday amid a generally positive tone around the equity markets, which tends to undermine…
Pound Sterling remains capped by 50-day SMA
GBP/USD is battling 1.3200 in the early European trading hours on Tuesday, consolidating the previous sharp retracement from five-week highs of 1.3276.Growing expectations that the…
Gold price in Saudi Arabia: Rates on December 2
Gold prices fell in Saudi Arabia on Tuesday, according to data compiled by FXStreet.The price for Gold stood at 508.93 Saudi Riyals (SAR) per gram, down compared with the SAR…
USD/CAD holds onto recovery move near 1.4000 despite firm dovish Fed bets
The USD/CAD pair clings to Monday’s recovery move to near 1.4010 during the Asian trading session on Tuesday. The Loonie pair bounced back on Monday as the US Dollar (USD)…
WTI declines below $59.50 as bearish outlook prevails
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $59.25 during the Asian trading hours on Tuesday. The WTI edges slightly lower amid renewed US Dollar…
Silver tumbles below $57.00 on profit-taking
Silver price (XAG/USD) falls to around $56.70 during the Asian trading hours on Tuesday. The white metal faces some profit-taking after reaching a record high in the previous…
NZD/USD steady above 0.5700 amid RBNZ-Fed policy divergence
The NZD/USD pair ticks lower during the Asian session on Tuesday and moves further away from an over one-month peak, around mid-0.5700s, touched the previous day. Spot prices…
GBP/USD slides as UK budget strains and US labor data weigh
GBP/USD soured on Monday, starting off the December trading window declining around one-quarter of one percent, pushing back down from a key technical confluence region that will…