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GBP/USD climbs to 1.2600, away from multi-month low set on Friday on weaker USD
The GBP/USD pair opens with a bullish gap at the start of a new week and for now, seems to have snapped a three-day losing streak to sub-1.2500 levels, or its lowest level since May touched last Friday.
Mon, Nov 25
Gold Price Forecast: XAU/USD holds above $2,700 on softer US Dollar, geopolitical risks
The Gold price (XAU/USD) jumps to around $2,720 during the early Asian session on Monday. The sell-off in the US Dollar (USD) provides some support to the USD-denominated Gold price. Additionally, rising geopolitical tensions continue to underpin safe-haven assets like yellow metal.
Mon, Nov 25
EUR/USD finds resistance around 1.0500 after rebounding from two-year lows
EUR/USD recovers from its two-year low of 1.0332, recorded on Friday, trading near 1.0480 during Monday's Asian session. This rebound can be linked to a correction in the US Dollar (USD), despite robust preliminary S&P Global US Purchasing Managers’ Index (PMI) data released in the prior session.
Mon, Nov 25
JPY: The price of rice – Commerzbank
The statistics on Japanese inflation have a peculiarity. In most countries, the categories of food and energy are excluded when calculating core inflation.
Fri, Nov 22
The recovery rally in the Gold market is likely to take a breather – Commerzbank
The Gold price has also recovered more than half of its losses since the end of October and is once again trading at $2,700 per troy ounce, Commerzbank’s commodity analyst Barbara Lambrecht notes.
Fri, Nov 22
Crude Oil tries to claim $70 as geopolitics supports price
Crude Oil price steadies on Friday and tries to claim the $70 level after surging over 4.5% so far this week, fueled by fresh escalation between Russia and Ukraine.
Fri, Nov 22
EUR/USD depreciates to yearly lows near 1.0450, awaits PMIs from both nations
EUR/USD remains on a downward trend for the third consecutive session, hovering around 1.0470 during the Asian trading hours on Friday. The pair dropped to a low of 1.0462 on Thursday, a level not seen since October 2023.
Fri, Nov 22
AUD/JPY falls below 100.50 as the likelihood of a BoJ rate hike next month revives
AUD/JPY continues its decline, nearing 100.30 during the Asian trading hours on Friday.
Fri, Nov 22
USD/CAD Price Forecast: Bulls have the upper hand while above mid-1.3900s pivotal support
The USD/CAD pair edges higher during the Asian session on Friday, albeit it lacks follow-through buying and remains below the 1.4000 psychological mark amid mixed cues.
Fri, Nov 22
USD/CHF weakens to near 0.8850 ahead of US PMI data
The USD/CHF pair trades with mild losses around 0.8860 during the early European session on Friday.
Fri, Nov 22
Top 3 Price Prediction Bitcoin, Ethereum, Ripple: BTC nears $100K as SEC’s Gensler tenders resignation
Bitcoin (BTC) surges to a new all-time high of $99,299 on Friday, just shy of the $100K milestone following reports of Securities & Exchange Commission (SEC) Chair Gary Gensler's upcoming resignation on Thursday.
Fri, Nov 22
