News
Important Only
Silver consolidates near 20-day SMA following Fed minutes
Silver price registered losses of over 1% on Wednesday after the US Federal Reserve (Fed) unveiled its June meeting minutes, hinting that policymakers are eyeing just one interest rate cut, instead of the two priced in by investors. Although the Greenback was unchanged, the grey metal tumbled.
Fxstreet
3 hours ago
EUR/USD: Expected to trade in a range between 1.1690 and 1.1760 – UOB Group
Euro (EUR) is expected to trade in a range between 1.1690 and 1.1760 against US Dollar (USD). In the longer run, EUR strength from late last month has ended; the current pullback could extend to 1.1660, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
Fxstreet
17 hours ago
Forex Today: A back-to-back rate cut by the RBA is priced in
As investors remained wary over trade tensions following President Trump's announcement of tariffs on Japan and South Korea, the Greenback gained momentum, rising to multi-day highs and sparking a generalised strong correction in the risk-associated space on Monday.
EUR/USD: Expected to trade in a range between 1.1730 and 1.1805 – UOB Group
Euro (EUR) is expected to trade in a range between 1.1730 and 1.1805. In the longer run, upward momentum is slowing rapidly, but there is a slim chance for EUR to rise toward 1.1830 before a more sustained and notable pullback is likely, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.Fxstreet
Fri, Jul 4
Silver Price Forecast: XAG/USD shines near $37.00 as breakout fuels bulls
Silver price trades above two-week highs on Thursday, near the $37.00 figure, up by 0.86% at the time of writing. Upbeat economic data in the United States (US) boosted the Greenback, mostly against Gold. The grey metal capitalized on the current market structure, as a double-bottom formation looms.Fxstreet
Thu, Jul 3
USD/JPY Price Forecast: Struggles at 144.00 and falls, as Trump slams Powell again
The USD/JPY registered modest gains on Wednesday, with the pair closing up 0.18%, finishing the session below 143.70. As Thursday’s Asian session begins, the pair trades at 143.63, virtually unchanged.
Fxstreet
Wed, Jul 2
Silver Price Forecast: XAG/USD climbs above $36.00, gains more than 1%
The silver price printed solid gains on Wednesday, up 1.40%, yet it remains consolidating within the $36.00-$36.60 range for the second consecutive day. A positive market mood and broad US Dollar strength capped the grey metal’s advance.Fxstreet
Wed, Jul 2
USD/CHF Price Forecast: Hits lowest level since 2011, plunges below 0.8000
The Swiss Franc (CHF) surges against the US Dollar (USD) on Monday, trading at almost 14-year highs, near levels last seen in September 2011. At the time of writing, the USD/CHF plummeted to 0.7933, after hitting a multi-year low of 0.7929, down over 0.59%.
Fxstreet
Mon, Jun 30
EUR/USD: Likely to lead to a higher trading range of 1.1685/1.176 – UOB Group
Slight increase in upward momentum is likely to lead to a higher trading range of 1.1685/1.1765. In the longer rum, further EUR strength still seems likely; the next level to monitor is 1.1780, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.Fxstreet
Mon, Jun 30
