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Lagarde speech: Still believe that we should be very vigilant about services
In an interview with the Financial Times (FT) on Monday, European Central Bank (ECB) President Christine Lagarde said that she “still believes that we should be very vigilant about services.” .
Mon, Dec 23
EUR/USD Price Analysis: Tests nine-day EMA near 1.0450, improved RSI supports upside
EUR/USD extends its gains for the third consecutive day, trading around 1.0440 during the Asian hours on Monday.
Mon, Dec 23
Silver Price Forecast: XAG/USD retains negative bias below $30.00
The Silver price (XAG/USD) extends the recovery to near $29.60 during the early Asian session on Monday, bolstered by the softer-than-expected US November Personal Consumption Expenditures (PCE) Price Index inflation data.
Mon, Dec 23
WTI trades with mild positive bias around $69.70-$69.75 area, lacks bullish conviction
West Texas Intermediate (WTI) US Crude Oil prices edge higher for the second straight day on Monday and move away from over a one-week low, around the $68.40-$68.35 region touched on Friday.
Mon, Dec 23
Japanese Yen bulls remain on the sidelines; seems vulnerable against USD
The Japanese Yen (JPY) kicks off the new week on a softer note and remains within striking distance of a five-month low touched against its American counterpart on Friday.
Mon, Dec 23
Israeli strikes across Gaza kill at least 50 people
Israeli strikes across the Gaza Strip overnight and early Sunday killed at least 50 Palestinians, including at one family's home and a school building, according to Palestinian medical officials.
Mon, Dec 23
Trump threatens to regain control of Panama Canal
US President-elect Donald Trump has demanded Panama reduce fees on the Panama Canal or return it to US control, accusing Panama of charging excessive rates to use the Central American passage, per Reuters.
Mon, Dec 23
Trump announces his picks for key positions in the administration
US President-elect Donald Trump is announcing his picks for key positions in his administration.
Mon, Dec 23
Gold edges up, trimming some recent losses with US PCE inflation on focus
Gold trims some losses on Friday but upside attempts remain capped amid broad-based US Dollar strength.
Fri, Dec 20
Crude Oil set for weekly loss as Fed cuts off any rally attempt
Oil prices saw recovery attempts fail and edges lower for the fifth consecutive day on Friday.
Fri, Dec 20
US Dollar hits fresh two-year high ahead of PCE inflation
The US Dollar hits another two-year high in Asian trading on Friday but retreats afterwards.
Fri, Dec 20
EU lowers corn and wheat output estimates – ING
In its latest cereals market situation report, the European Commission estimated that the bloc’s grain production could fall to 255.8mt for the 2024/25 season, compared to its previous projections of 256.9mt.
Fri, Dec 20
Pound Sterling attempts to gain ground after UK Retail Sales data
The Pound Sterling (GBP) attempts to recover against its major peers on Friday after the release of the United Kingdom (UK) Retail Sales data for November, which rose less than anticipated.
Fri, Dec 20
Bitcoin crashes to $96,000, altcoins bleed: Top trades for sidelined buyers
Bitcoin (BTC) slipped under the $100,000 milestone and touched the $96,000 level briefly on Friday, a sharp decline that has also hit hard prices of other altcoins and particularly meme coins.
Fri, Dec 20
Solana Price Forecast: SOL’s technical outlook and on-chain metrics hint at a double-digit correction
Solana (SOL) price trades in red below $194 on Friday after declining more than 13% this week.
Fri, Dec 20
EUR/USD struggles near 1.3060 area, just above two-year low ahead of US PCE data
The EUR/USD pair continues with its struggle to attract any meaningful buyers and oscillates in a range around the 1.0360 area during the Asian session on Friday.
Fri, Dec 20
Gold price holds steady around $2,600; upside potential seems limited
Gold price (XAU/USD) attracts some dip-buyers following the previous day's good two-way price moves and climbs back to the $2,600 mark during the Asian session on Friday.
Fri, Dec 20
Silver Price Forecast: XAG/USD moves below $29.00 near three-month lows
Silver price (XAG/USD) continues its losing streak that began on December 12, trading around $28.90 per troy ounce during the Asian session on Friday.
Fri, Dec 20
Japanese Yen bulls remain on the sidelines despite strong Japan’s National CPI print
The Japanese Yen (JPY) prolongs a two-week-old downtrend and hits a five-month low against its American counterpart during the Asian session on Friday.
Fri, Dec 20
WTI moves below 69.00, further downside seems possible due to stronger US Dollar
West Texas Intermediate (WTI) Oil price extends its losing streak for the fifth successive session, trading around $68.90 per barrel during the Asian hours on Friday.
Fri, Dec 20
