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WTI Holds Losses Near $95.00 As Australia Releases Fuel Reserves
West Texas Intermediate (WTI) oil price holds slight losses after surging more than 9% in the previous session, trading near $95.20 per barrel during the Asian hours on Friday.
Fri, Mar 13
Top 3 Price Prediction: Bitcoin, Ethereum, Ripple – BTC, ETH And XRP Approach Key Technical Levels As Breakout Odds Rise
Bitcoin (BTC), Ethereum (ETH) and Ripple (XRP) are gearing up for a potential breakout on Friday after gaining over 8%, 10% and 4% so far this week. BTC and ETH are approaching the key technical levels while XRP continues to stabilize within a descending channel.
Fri, Mar 13
Australian Dollar Rises as Markets Price in March Rba Rate Hike
AUD/USD gains ground after registering over 1% losses in the previous session, trading around 0.7090 during the Asian hours on Friday. The Australian Dollar (AUD) finds support against the US Dollar (USD) amid hawkish expectations surrounding the Reserve Bank of Australia (RBA) policy outlook.
Fri, Mar 13
Silver Price Forecast: XAG/USD Retakes $85.00; Bearish Risks Persist
Silver (XAG/USD) gains some positive traction during the Asian session on Friday and climbs back above the $85.00 mark in the last hour. The white metal, for now, seems to have snapped a two-day losing streak, though it remains on track to end the week on a flattish note.
Fri, Mar 13
EUR/USD Holds Gains Above 1.1500 Ahead of US PCE Inflation Release
The EUR/USD pair holds positive ground near 1.1520 during the early Asian trading hours on Friday. However, the potential upside might be limited amid escalating geopolitical tensions in the Middle East.
Fri, Mar 13
Japanese Yen Recovers Slightly Vs. USD As Intervention Fears Loom Ahead of US PCE
The USD/JPY pair meets with some supply during the Asian session on Friday, and for now, seems to have snapped a three-day winning streak back closer to the 159.40-159.45 area, or the year-to-date high.
Fri, Mar 13
Gold Weakens as Inflation Concerns Lift US Bond Yields and USD; Downside Remains Cushioned
Gold (XAU/USD) trades with a negative bias for the second consecutive day on Thursday, though it lacks follow-through selling and stalls the intraday slide near the $5,125 area. A fresh leg up in Crude Oil prices threatens the inflation outlook and overshadows signs of moderating price growth in the
Thu, Mar 12
US Officials Say Iran Laid Mines in the Strait of Hormuz — WSJ
Iran intensified its efforts to halt traffic through the Strait of Hormuz, a critical oil conduit. The US military has turned down requests to escort tankers or other civilian ships through the strait, with defense officials saying it won't do so until the threat of Iranian fire has eased.
Thu, Mar 12
WTI Price Forecast: Struggles near $82.00, 200-hour holds the key for bulls amid Iran war
West Texas Intermediate (WTI) Crude Oil prices struggle to build on the overnight bounce from sub-$76.00 levels, or the weekly low, and meet with a fresh supply during the Asian session on Wednesday. The commodity currently trades just below the $82.00 mark, down nearly 4% for the day.
Wed, Mar 11
BoJ to raise rates by end-June with expectations unchanged by Middle East war
A Reuters poll showed on Wednesday that all 64 respondents said the Bank of Japan (BOJ) would keep rates unchanged at 0.75% next week.
Wed, Mar 11
Pound Sterling gains traction against softer USD; eyes US CPI report for fresh impetus
The GBP/USD pair attracts fresh buyers during the Asian session on Wednesday and stalls the previous day's retracement slide from the 1.3485 region, or over a one-week high. Spot prices currently trade around the 1.3430 region, up 0.10% for the day.
Wed, Mar 11
EUR/USD edges higher above 1.1600 as US Dollar safe-haven demand fades
The EUR/USD pair holds positive ground around 1.1620 during the early Asian session on Wednesday. The Euro (EUR) rebounds from a four-month low of 1.1507 against the Greenback as safe-haven demand softens.
Wed, Mar 11
Forex Today: US Dollar retreats as mood improves on falling Oil prices
The sharp decline seen in crude Oil prices helped the market mood improve in the second half of the day on Monday and made it difficult for the US Dollar (USD) to preserve its strength.
Tue, Mar 10
GBP/USD Price Forecast: Eyes 50-day EMA barrier near 1.3500 despite ongoing bearish bias
GBP/USD extends its gains for the third successive session, trading around 1.3480 during the early European hours on Tuesday.
Tue, Mar 10
Pound Sterling edges lower as Iran war concerns revive USD demand; downside seems limited
The GBP/USD pair struggles to capitalize on the previous day's move higher and edges lower during the Asian session on Tuesday. Spot prices, however, manage to hold above the 1.3400 mark as investors await further developments surrounding the US-Israel-Iran war before placing fresh directional bets.
Tue, Mar 10
Silver Price Forecast: XAG/USD drops below $83.00 as inflation fears and strong USD dampen demand
Silver price (XAG/USD) tumbles to near $82.80 during the early European session on Monday. A strengthening US Dollar (USD) and fading expectations for Federal Reserve (Fed) rate cuts exert some selling pressure on the white metal.
Mon, Mar 9
WTI Price Forecast: Multi-year high above $126 looks possible
West Texas Intermediate (WTI), futures on NYMEX, give back some of its early gains after surging almost 28% to a fresh three-and-a-half-year high at around $113.00 during the early European trading session on Monday.
Mon, Mar 9
Silver Price Forecast: XAG/USD seems vulnerable; bears await acceptance below $80.00
Silver (XAG/USD) attracts heavy selling at the start of a new week and drops to a four-day trough during the Asian session. The white metal currently trades around mid-$80.00s, down 4% for the day, and seems vulnerable to slide further.
Mon, Mar 9
Pound Sterling softens to near 1.3300 as Middle East conflict fuels US Dollar strength
The GBP/USD pair attracts some sellers to near 1.3300 during the early Asian session on Monday. Escalating hostilities in the Middle East boost a safe-haven currency such as the US Dollar (USD) against the Pound Sterling (GBP).
Mon, Mar 9
Forex Today: US NFP data and Middle East crisis to keep volatility high
Here is what you need to know on Friday, March 6: Market participants gear up for the release of the US February employment report on Friday, which will feature Nonfarm Payrolls (NFP), Unemployment Rate and wage inflation figures, while navigating through the headlines surrounding the Middle East cr
Fri, Mar 6
