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Forex
NZD/USD Price Forecast: Remains tepid near 0.6050, two-month lows
NZD/USD could test the immediate support around a two-month low at 0.6039 level.
The daily-chart analysis suggests the short-term market bias is bearish for…
EUR/USD remains uncertain as ECB sets to cut rates further
EUR/USD holds 1.0800, though its outlook remains uncertain on ECB dovish bets.
The Eurozone's economic growth is expected to remain modest.
The US Dollar…
Gold price sticks to gains near all-time peak, renewed USD buying caps gains
Gold price prolongs its upward trajectory and touches a fresh record high on Monday.
Major central banks remain in rate-cut mode and continue to benefit the…
EUR/JPY weakens to near 162.00 amid dovish ECB, intervention fears
EUR/JPY edges lower to near 162.15 in Monday’s early European session, down 0.20% on the day.
A dovish ECB could undermine the shared currency in the near…
Pakistan Gold price today: Gold rises, according to FXStreet data
Gold prices rose in Pakistan on Monday, according to data compiled by FXStreet.
The price for Gold stood at 24,325.02 Pakistani Rupees (PKR) per gram, up…
Japanese Yen sticks to modest intraday gains against USD, BoJ uncertainty to cap gains
The Japanese Yen attracts some follow-through buying amid fears of a government intervention.
The uncertainty over the BoJ’s rate-hike plans and the upbeat…
WTI appreciates to near $69.00 due to PBoC rate cuts, easing geopolitical tensions
WTI could receive support as PBoC rate cuts could stimulate China’s economic activity, potentially increasing Oil demand.
US President Joe Biden stated that…
Australian Dollar gains ground after rate cuts in China, remarks from RBA Hauser
The Australian Dollar appreciates following the PBoC’s rate cuts on Monday.
The PBoC has reduced the 1- and 5-year Loan Prime Rate to 3.10% and 3.6%,…
PBoC cuts 1-year and 5-year Loan Prime Rates by 25 bps, as expected
The People's Bank of China (PBoC) announced on Monday that it cut the one-year Loan Prime Rate (LPR) by 25 basis points (bps) from 3.35% to 3.10% and cut the…
Gold Price Forecast: XAU/USD hits another record high above $2,700
Gold price gains momentum to near $2,720 in Monday’s early Asian session.
Uncertainty surrounding the US election and geopolitical risks prompted higher…