Forex

The IEA expects a massive oversupply of 4 million barrels per day on the Oil market next year. However, the IEA's assumptions regarding supply are extremely ambitious,…

The Swedish krona is the second-best performer this week, rising even more than the euro as equities sold off yesterday. This sounds rather odd given SEK’s usually high beta…

The AUD/USD pair trades 0.5% down to near 0.6450 during the European trading session on Friday. The Aussie pair faces intense selling pressure as the Australian Dollar (AUD)…

The Euro received a boost from French PM Sébastien Lecornu’s victory in two no-confidence votes on Thursday. The pair bounced up from 0.8665 and retraced Wednesday’s losses, aiming…

USD/CAD inches lower after registering gains in the previous session, trading around 1.4050 during the early European hours on Friday. The technical analysis of the daily chart…

Silver price (XAG/USD) extends its three-day rally, trading around $54.30 per troy ounce during the Asian hours on Friday. The price of the grey metal remains close to the record…

Gold prices rose in Saudi Arabia on Friday, according to data compiled by FXStreet. The price for Gold stood at 525.81 Saudi Riyals (SAR) per gram, up compared with the…

EUR/JPY loses ground for the third consecutive day, trading around 175.70 during the Asian hours on Friday. The currency cross depreciates as the Japanese Yen (JPY) extends its…

The Australian Dollar (AUD) declines against the US Dollar (USD) on Friday, extending its losses for the second successive session. The AUD/USD pair may lose ground as the AUD…

Silver price (XAG/USD) slumps to near $53.65 during the Asian trading hours on Friday. The white metal retreats from a record high of $54.86 in the previous session. However, the…