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Markets
Dow Jones climbs 250 points as rate cut hopes continue
The Dow Jones Industrial Average (DJIA) caught a firm bid on Friday, rising 482 points, or 1.04%, bottom-to-top. The Dow briefly pierced the 47,000 major price handle for the first…
EUR/USD steadies as Fed divide offsets shutdown drag
EUR/USD consolidates on Friday amid a quiet trading session due to the lack of a fresh catalyst, sponsored by a US government shutdown that seems poised to extend beyond the…
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NZD/USD edges up to day highs near 0.5820 but remains within previous ranges
The New Zealand Dollar is nudging higher at Friday’s early European trading session. The pair has reached fresh session highs a few pips shy of 0.5830. The immediate bias is…
EUR/USD holds daily gains with all eyes on US Services PMIs
EUR/USD is posting moderate gains on Friday, trading at the 1.1735 area at the time of writing, after bouncing from 1.1685 lows on Thursday. A mild risk appetite is weighing the…
Silver price today: rises on October 3
Silver prices (XAG/USD) rose on Friday, according to FXStreet data.
Silver trades at $47.43 per troy ounce, up
0.94% from the $46.99 it cost on Thursday.
Silver prices…
Lower energy prices are good news – ING
EUR/USD remains glued to the 1.1700 area. Three-month traded volatility has dropped to its lowest level since last November, at 6.60%, ING's FX analyst Chris Turner notes.Market…
Gold hits daily high amid Fed rate cut bets, geopolitical tensions
Gold (XAU/USD) touches a fresh daily peak during the first half of the European session, though it lacks follow-through buying amid the upbeat market mood. The US Dollar (USD)…
AUD/USD rises to near 0.6600 as traders pare RBA dovish bets
The AUD/USD pair gains slightly to near 0.6605 during the European trading session on Friday. The Aussie pair moves higher as the Australian Dollar (AUD) gains amid easing bets…
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