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WTI hovers around $68.50 near two-month lows amid prospects of increased supply
West Texas Intermediate (WTI) oil price remains near a two-month low at $68.29 recorded on February 26, hovering around $68.70 per barrel during Asian trading hours on Thursday.
Thu, Feb 27
Gold Price Forecast: XAU/USD holds positive ground above $2,900 amid renewed US tariff threats
Gold price (XAU/USD) trades with mild gains around $2,920 during the early Asian session on Thursday.
Thu, Feb 27
EUR/USD declines as US House of Representatives passes Trump’s tax cut plan
EUR/USD continues to face selling pressure above the psychological level of 1.0500 in Wednesday’s European session. The major currency pair falls due to a strong recovery in the US Dollar (USD). The US Dollar Index (DXY), which tracks the Greenback’s value against six major currencies, recovers shar
Wed, Feb 26
USD/JPY advances to near 149.50, upside seems limited amid hawkish BoJ
USD/JPY retraces its recent losses from the previous session, trading around 149.40 during the European hours on Wednesday.
Wed, Feb 26
Pound Sterling weakens against US Dollar as Trump’s tax agenda advances
The Pound Sterling (GBP) declines to near 1.2640 against the US Dollar (USD) in European trading hours on Wednesday. The GBP/USD pair faces selling pressure as the US Dollar Index (DXY), which tracks the Greenback’s value against six major currencies, has shown a strong recovery move...
Wed, Feb 26
Forex Today: US Dollar recovers modestly as markets assess latest headlines on Trump tariff policy
The US Dollar (USD) holds its ground against its rivals early Wednesday as markets adopt a cautious stance.
Wed, Feb 26
USD/CHF strengthens to near 0.8950 despite weak US economic data, tariff worries
The USD/CHF pair edges higher to near 0.8950, snapping the four-day losing streak on Wednesday during the early European trading hours. The US Dollar (USD) recovers from an 11-week low despite weak US economic data and tariff worries from US President Donald Trump.
Wed, Feb 26
US Dollar Price Forecast: Remains capped below the 100-period EMA near 106.50
The US Dollar Index (DXY) rebounds to around 106.50 during the early European session on Wednesday.
Wed, Feb 26
EUR/JPY gathers strength to near 157.00 as Germany considers to boost defence spending
The EUR/JPY cross gathers strength to near 156.95 during the early European trading hours on Wednesday.
Wed, Feb 26
Maker shows resilience amid crypto market decline
Maker (MKR) price is extending its gains, trading around $1,680 on Wednesday after rallying almost 12% despite the overall crypto market correction so far this week.
Wed, Feb 26
US Dollar stuck despite the latest market rout
The US Dollar trades flat and unfazed by overnight events.
The Trump administration is trying to corner China further with third-party tariffs and semiconductor restrictions.
The US Dollar Index (DXY) resides just above important support ahead of more downside.
Tue, Feb 25
Gold edges lower as Trump’s administration plans to toughen chip controls over China
Gold price edges lower on Tuesday along with yields and equities.
The Trump administration seeks to toughen its semiconductor restrictions on China.
Gold heads back to $2,930 and looks heavy with an overall market rout.
Tue, Feb 25
WTI rises to near $71.00 following fresh US sanctions on Iran’s Oil
WTI price rose as the US imposed sanctions on brokers, tanker operators, and shipping companies involved in Iranian petroleum.
Oil price gains were capped as Trump announced to proceed with import tariffs on Canada and Mexico.
French President Emmanuel Macron suggested a truce between Ukraine and Ru
Tue, Feb 25
Pound Sterling stabilizes against US Dollar despite renewed Trump’s tariff fears
The Pound Sterling (GBP) ticks slightly higher to near 1.2635 against the US Dollar (USD) in Tuesday’s European session.
Tue, Feb 25
Shiba Inu Price Forecast: SHIB holders unload 61.5 billion tokens in the last ten days
Shiba Inu (SHIB) price is hovering around $0.000013 on Tuesday after dropping nearly 12% the previous day.
Tue, Feb 25
NZD/USD holds positive ground above 0.5700 as China unveils action plan to stabilize foreign investment
The NZD/USD pair trades in positive territory around 0.5735 during the early European session on Tuesday.
Tue, Feb 25
EUR/JPY loses momentum to near 156.50 on BoJ rate hike bets
EUR/JPY softens to near 156.65 in Tuesday’s early European session.
Rising bets on the BoJ rate hike support the JPY.
Investors will closely monitor how soon the conservative Christian Democrats could form a coalition government.
Tue, Feb 25
Gold price eases from all-time peak; bullish potential seems intact
Gold price retreats from a record high as traders opt to take some profits off the table.
Worries over Trump’s tariff plans should limit losses for the safe-haven precious metal.
Bets that the Fed would cut rates further could also act as a tailwind for the XAU/USD.
Tue, Feb 25
AUD/USD falls back from 0.6400 as US Dollar bounces back
AUD/USD retreats from 0.6400 as the US Dollar recovers its intraday losses.
Investors digest weak preliminary US S&P Global PMI data for February.
Going forward, Australian monthly CPI data for January will influence RBA’s policy outlook.
Mon, Feb 24
USD is trading steady on the day – Scotiabank
The US Dollar (USD) is little changed in quiet trade. Overnight price action saw the Euro (EUR) advance in response to the anticipated win for the center-right in Germany’s federal election but the result was largely as expected, Scotiabank's Chief FX Strategist Shaun Osborne notes.
Mon, Feb 24
