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EUR/JPY trades with modest intraday gains, remains below 162.00 mark
The EUR/JPY cross kicks off the new week on a positive note, albeit struggles to capitalize on its intraday move up and remains below the 162.00 mark through the Asian session.
Nov 25, 2024
Australian Dollar advances as US Dollar faces challenges amid bond market optimism
The Australian Dollar (AUD) gains strength on Monday as the US Dollar (USD) continues its downward correction.
Nov 25, 2024
Japanese Yen builds on its weekly bullish gap-up against USD
The Japanese Yen (JPY) strengthens against its American counterpart at the start of a new week, dragging the USD/JPY pair back below the 154.00 mark during the Asian session. The US Treasury bond yields fell sharply in reaction to Scott Bessent's nomination as US Treasury Secretary.
Nov 25, 2024
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.
Nov 25, 2024
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.
Nov 25, 2024
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.
Nov 25, 2024
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.
Nov 22, 2024
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.
Nov 22, 2024
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.
Nov 22, 2024
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.
Nov 22, 2024
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.
Nov 22, 2024
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.
Nov 22, 2024
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.
Nov 22, 2024
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.
Nov 22, 2024
