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Gold price remains heavily offered amid renewed USD buying interest
Gold price attracts heavy selling at the start of a new week/month and drops to the $2,623-2,622 area during the Asian session, snapping a four-day winning streak amid a goodish pickup in the US Dollar (USD) demand.
Mon, Dec 2

Japanese Yen retreats sharply against USD from a multi-week high touched on Friday
The Japanese Yen (JPY) drifts lower against its American counterpart at the start of a critical week and reverses a part of Friday's strong move up to the highest level since October 21.
Mon, Dec 2

EUR/USD tumbles below 1.0550 as traders await ECB’s Lagarde speech, US PMI data
The EUR/USD pair faces some selling pressure to around 1.0530 amid the firmer US Dollar (USD) during the early Asian trading hours on Monday.
Mon, Dec 2

GBP/USD retreats from multi-week top, slides below 1.2700 on stronger USD
The GBP/USD pair attracts some sellers on the first day of a new week and reverses a major part of Friday's positive move to mid-1.2700s, or a nearly three-week high.
Mon, Dec 2

BoJ's Ueda: Wage trends key to possible rate hike
Bank of Japan (BoJ) Governor Kazuo Ueda said on Saturday that the next interest rate hikes are "nearing in the sense that economic data are on track, per Reuters.
Mon, Dec 2

Trump threatens BRICS nations with 100% tariffs if they try to replace US Dollar
US President-elect Donald Trump wrote on his social media platform, Truth Social, on Saturday, demanding the BRICS countries use the US Dollar (USD) as their reserve currency and threatened to impose a 100% tariff if they supported another currency to replace the USD, per BBC.
Mon, Dec 2

Gold rallies on increased haven demand due to geopolitical risks
Gold (XAU/USD) stages a bigger rebound on Friday and enters the $2,660s during the European session.
Fri, Nov 29

Crude Oil consolidates as traders prepare for final weeks of 2024
US markets trade with limited capacity due to the Thanksgiving aftermath on Friday.
Fri, Nov 29

EUR/USD refreshes weekly high ahead of flash Eurozone HICP
EUR/USD posts a fresh weekly high near 1.0580 in the European session on Friday ahead of the flash Eurozone Harmonized Index of Consumer Prices (HICP) data for November, which will be published at 10:00 GMT.
Fri, Nov 29

WTI depreciates below $68.50, downside appears limited due to rising geopolitical tensions
West Texas Intermediate (WTI) Oil price retraces its recent gains, trading around $68.40 per barrel during the early European hours on Friday.
Fri, Nov 29

Australian Dollar rises as RBA Bullock states inflation too high to consider rate cuts
The Australian Dollar (AUD) extends its winning streak for the third successive session on Friday following the hawkish comments from Reserve Bank of Australia (RBA) Governor Michele Bullock.
Fri, Nov 29

WTI holds steady above $68.00, all eyes on OPEC+ meeting
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $68.85 on Friday. The WTI price steadies as the escalation in the Russia/Ukraine conflict offsets a less aggressive rate cut expectation from the Federal Reserve (Fed).
Fri, Nov 29

Japanese Yen jumps to over one-month high against USD after Tokyo CPI release
The Japanese Yen (JPY) strengthens across the board following the release of strong November consumer inflation figures from Tokyo, Japan’s capital, which backs the case for another Bank of Japan (BoJ) interest rate hike in December.
Fri, Nov 29

Gold remains above $2,600 amid geopolitical tensions, Fed easing speculation
Gold price consolidated around $2,630 on Thursday amid thin liquidity trading as US markets are closed for Thanksgiving. Geopolitics continued to drive the price of non-yielding metal, which dwindled during the last three trading days. The XAU/USD trades at $2,637, virtually unchanged.
Fri, Nov 29

ECB's Villeroy: Victory against inflation is in sight
The European Central Bank (ECB) policymaker Francois Villeroy de Galhau said on Thursday that the central bank should keep its options open for a bigger rate cut next month and its policy rate could eventually fall to a level that once again boots growth, per Reuters.
Fri, Nov 29

USD/JPY attracts some sellers below 151.00 as Japan’s Tokyo CPI inflation accelerates in November
The USD/JPY pair loses traction to around 150.95 during the early Asian session on Friday. The Japanese Yen (JPY) edges higher after the hotter-than-expected Japan’s Tokyo Consumer Price Index (CPI) inflation report for November.
Fri, Nov 29

USD/CAD drops even though US Dollar rebounds, Canadian Q3 GDP in focus
USD/CAD ticks lower as the Canadian Dollar gains on expectations of healthy trade negotiations with the US.
Thu, Nov 28

Bitcoin Price Forecast: FUD in the market as Thanksgiving approaches
Bitcoin (BTC) price declines and falls below the $95,000 level on Thursday.
Thu, Nov 28

China’s Commerce Ministry: Imposing tariffs arbitrarily on trade partners cannot solve problems within US
Commenting on US President-elect Donald Trunp’s tariff threat, Chinese Commerce Ministry said on Thursday that “China’s stance of opposing unilateral tariff increases has been consistent.” “Imposing tariffs arbitrarily on trade partners cannot solve the problems within the United States itself,” the
Thu, Nov 28

GBP/USD edges lower to near 1.2650 as latest US inflation report keeps Fed on alert
GBP/USD faces challenges due to increasing caution surrounding the Fed’s decision next month.
Thu, Nov 28
