News
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Silver Price Forecast: XAG/USD bounces back above $36.00 as the Dollar plunges
Silver price bounces off five-day lows of $35.46 and climbs past the $36.00 mark on Thursday as the Greenback gets battered, falling to nearly three-year lows. At the time of writing, the XAG/USD trades at $36.30, registering modest gains of 0.25% on Thursday, late in the North American session.
Fxstreet
Thu, Jun 12
The Taiwan Dollar is moving erratically again: What's behind its appreciation?
The volatility surrounding the New Taiwan Dollar (TWD) remains extremely high as investors assess trade-related news against the exposure of Taiwan’s life insurance companies’ to US Dollar(USD)-denominated assets.Fxstreet
Thu, Jun 12
Silver Price Forecast: XAG/USD stumbles below $36.50 despite softer US CPI
Silver price reverses course on Wednesday as the North American session ends, edging down 0.87%. Even though US inflation dipped in May, which would have warranted rate cuts by the Federal Reserve (Fed) and driven the US dollar lower, it failed to underpin the grey metal. XAG/USD trades at $36.21.Fxstreet
Wed, Jun 11
Bitcoin Price Forecast: BTC could reach a new all-time high amid US-China trade optimism, US CPI release
Bitcoin (BTC) price edges slightly down on Wednesday, remaining limited below its all-time high of $111,980. The risk-on sentiment remains strong as the US-China trade agreement eases tensions and the market looks ahead to the US Consumer Price Index (CPI) release on Wednesday.
Fxstreet
Wed, Jun 11
EUR/CAD Price Forecast: Tests 1.5650 barrier near descending channel’s upper boundary
EUR/CAD recovers its recent losses, trading around 1.5640 during the European hours on Wednesday. Technical analysis on the daily chart points to the potential weakening of a bearish bias, with the currency cross hovering near the upper boundary of the descending channel.
Fxstreet
Wed, Jun 11
EUR/USD: Likely to trade in a range of 1.1385/1.1460 – UOB Group
There has been no increase in either downward or upward momentum; Euro (EUR) is likely to trade in a range of 1.1385/1.1460. In the longer run, EUR appears to have entered a range trading phase between 1.1330 and 1.1495, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
Fxstreet
Wed, Jun 11
USD/JPY Price Forecast: Breaks above 145.00 as trade hopes lift USD
The USD/JPY advances for the first time in the week, clearing Monday’s high of 144.95, as the US Dollar climbs on speculation that Washington and Beijing might reach a trade agreement in London. This has pushed the major above 145.00, posting gains of over 0.24%.
Fxstreet
Tue, Jun 10
Forex Today: Can US inflation change the Fed’s plans to ease in September?
The Greenback traded with a slightly positive bias on Tuesday, reversing a bearish start to the week and supported by consistent caution on US-China trade talks in London, while prudence also developed ahead of the publication of vital US inflation data on Wednesday.Fxstreet
Tue, Jun 10
Silver Price Forecast: XAG/USD pulls back from $37.00 as US Dollar rebounds on US-Sino talks
Silver price faces resistance near $37.00 and retreats by some 0.50% on Tuesday as the US dollar stages a comeback, with investors growing more confident of a US-China deal later in the day. At the time of writing, the XAG/USD trades at $36.52, below its opening price.Fxstreet
Tue, Jun 10
EUR/CAD Price Forecast: Maintains position near 1.5650, support appears at nine-day EMA
EUR/CAD holds losses after experiencing consolidation, trading near 1.5640 during European hours on Tuesday. Technical analysis on the daily chart points to the weakening of a bearish bias, with the currency cross attempting to break above the upper boundary of the descending channel.Fxstreet
Tue, Jun 10
EUR/USD: Movements appear to be part of a 1.1365/1.1435 range trading phase – UOB Group
The current price movements appear to be part of a 1.1365/1.1435 range trading phase. In the longer run, Euro (EUR) appears to have entered a range trading phase between 1.1330 and 1.1495, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.Fxstreet
Mon, Jun 9
Ripple Price Forecast: XRP recovers after 9% drop amid improving market sentiment
Ripple (XRP) edges higher after a broader flash sell-off on Thursday, which saw the cryptocurrency market capitalization drop 4% to $3.4 trillion. XRP has recovered to trade at around $2.17 at the time of writing on Friday after dropping 9% on Thursday.
Fxstreet
Fri, Jun 6
