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Markets
Silver Price Forecast: XAG/USD slips below 100-day SMA, eyes $30.00
Silver price falls 0.28%, signaling potential further downside.
Technical indicators suggest fading bullish momentum, with a near-term focus on the 200-day…
US Dollar remains soft after mixed Retail Sales
DXY trades near 106.80 on Tuesday.
Market focus shifts toward upcoming Fed decision on Wednesday.
Retail Sales fail to boost US Dollar enthusiasm.
The US…
Gold price dips as market anticipates less dovish Fed
Gold price refreshes new weekly low following strong US Retail Sales figures that dim expectations for aggressive Fed easing next year.
Despite a drop in…
Canadian Dollar slumps as Canadian CPI inflation cools further
The Canadian Dollar shed another 0.4% against the Greenback on Tuesday.
Canada saw a steeper-than-expected contraction in headline CPI inflation figures.…
EUR/USD Price Analysis: Pair remains range-bound near 1.0505, struggles below 20-day SMA
EUR/USD edges slightly lower on Tuesday, hovering around 1.0505 and failing to gain traction.
RSI declines mildly to 43, remaining in negative territory and…
GBP/USD: Higher than expected wage growth push the GBP up – Scotiabank
UK labour market data reflected a larger than expected jump in Average Weekly Earnings in October (to 5.2%, from 4.4%) while ex-bonus pay also rose (5.2%, from…
Thames Water rival bondholders face off in court hearing
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Thames Water’s rival classes of bondholders took aim at…
Pound Sterling Price News and Forecast: GBP/USD sees modest gains below 1.2700
The GBP/USD advances modestly by some 0.15% following the release of solid US Retail Sales data, which put a lid on the pair’s advance. UK labor market data…
Investors on alert for ructions in US funding market
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Investors are on alert for a potential end-of-year…
Silver Price Forecast: XAG/USD posts fresh two-week low near $30, Fed policy in spotlight
Silver price declines to near $30.20 amid firm bond yields ahead of Fed’s policy meeting on Wednesday.
US bond yields remain firm on expectations that the…