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Markets
Gold drifts lower from record highs as Fed caution and US Dollar strength weigh
Gold pauses its record-breaking run after setting a fresh all-time high at $3,791.Fed’s cautious stance and a firmer US Dollar cap upside, while geopolitical…
Pound Sterling Price News and Forecast: GBP/USD falls to over two-week lows, eyes 1.3400 support
GBP/USD Price Forecast: British Pound falls to over two-week lows, eyes 1.3400 support
The British Pound (GBP) edges lower against the US Dollar (USD) on…
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EUR/USD wavers near highs with US PMIs, Fed Powell on the spotlight
The Euro treads water near 1.1800, with downside attempts contained at 1.1785. Eurozone's manufacturing sector contracted unexpectedly in September while…
Fed signals more easing: Can S&P 500 ETFs rally further?
The Federal Reserve recently cut rates by 25 bps and indicated that two more reductions are likely by the year-end. Chair Jerome Powell outlined the move as a…
USD/CHF Price Forecast: 20-day EMA continues to act as key barrier for US Dollar bulls
USD/CHF trades cautiously around 0.7925 ahead of Fed Chair Powell’s speech.The Fed lowered interest rates last week amid growing US labor market…
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NZD/USD bounces up from lows, remains capped below 0.5870
The New Zealand Dollar waves within range against the USD, with support at 0.5845 holding bears.The Greenback pared recent gains with investors positioning for…
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Pound Sterling faces pressure on slowing UK business activity growth
The Pound Sterling weakens against its peers after soft preliminary UK PMI data for September.The UK Composite PMI dropped to 51.0 from 53.5 in…