Silver price today: Silver broadly unchanged, according to FXStreet data
Silver prices (XAG/USD) broadly unchanged on Thursday, according to FXStreet data. Silver trades at $116.51 per troy ounce, broadly unchanged 0.04% from the $116.47 it cost on Wednesday.
South Africa Producer Price Index (YoY) remains at 2.9% in December
South Africa Producer Price Index (YoY) remains at 2.9% in December
GBP/USD stays firm above 1.3800, with 1.3870 long-term highs in sight
The Pound has taken back most of the ground lost on Wednesday, and is trading in the area of 1.3830 on Thursday’s early London session, after bouncing at 1.3750 lows, with the four-year highs of 1.3870 at a relatively short distance.The US Dollar bounced up on Wednesday, following a hawkishly tilted
Brent: Prices rise amid geopolitical tensions – Deutsche Bank
Deutsche Bank’s report notes that Brent Oil prices have increased due to rising geopolitical tensions, particularly concerning Iran. The report mentions that Brent is trading at its highest since late-September, with a notable rise of 1.23% and further gains observed in the following morning.
Silver Price Forecast: XAG/USD falls to near $116.50 after hitting fresh all-time highs
Silver price (XAG/USD) pulls back after hitting a fresh record high of $120.46, trading around $116.60 per troy ounce during the European hours on Thursday.
United States MBA Mortgage Applications climbed from previous 0.3% to 28.5% in January 9
United States MBA Mortgage Applications climbed from previous 0.3% to 28.5% in January 9
USD/CAD Price Forecast: Faces selling pressure above 50% Fibo retracement at 1.3900
The USD/CAD pair trades flat around 1.3885 during the European trading session on Wednesday. The Loonie pair consolidates ahead of the United States (US) Producer Price Index (PPI) data for October and November, and the Retail Sales data for November.
USD/JPY slips after hitting July 2024 highs – BBH
USD/JPY eased below 159.00 after hitting 159.45 overnight, prompting fresh warnings from Japanese Finance Minister Satsuki Katayama against speculative or excessive yen movements, BBH FX analysts report.
USD/JPY slips after hitting July 2024 highs – BBH
USD/JPY eased below 159.00 after hitting 159.45 overnight, prompting fresh warnings from Japanese Finance Minister Satsuki Katayama against speculative or excessive yen movements, BBH FX analysts report.
Pound Sterling gains ahead of key UK GDP data
The Pound Sterling (GBP) gains against its major peers, except antipodeans, on Wednesday. The British currency trades higher ahead of the United Kingdom (UK) monthly Gross Domestic Product (GDP) and factory data, which will be released on Thursday.
Gold’s Weekly Update: Bulls push gold’s price to new All Time Highs
The upward movement of gold’s price before the season’s holidays, when our last report was published, was abruptly interrupted before the end of the year. Yet the bullish tendencies for gold’s price are again present and despite lots happening on a fundamental level, we have issues which are new. In today’s report we are to […]
PBOC sets USD/CNY reference rate at 7.0108 vs. 7.0128 previous
On Monday, the People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead at 7.0108 compared to Friday’s fix of 7.0128 and 6.9849 Reuters estimate.
GBP/USD rebounds from three-week low, eyes mid-1.3400s as Fed concerns weigh on USD
The GBP/USD pair attracts some buyers near a technically significant 200-day Simple Moving Average (SMA) and recovers slightly from a nearly three-week low, touched during the Asian session on Monday.
US federal prosecutors open inquiry into Fed Chair Powell
Federal prosecutors have opened a criminal investigation into Federal Reserve (Fed) Chair Jerome Powell regarding the central bank’s renovation of its Washington headquarters and whether Powell lied to Congress about the project’s scope, the New York Times reported on Sunday.
EUR/USD rises to near 1.1650 amid dovish Fed expectations
EUR/USD edges higher after registering gains in the previous six successive sessions, trading around 1.1650 during the Asian hours on Monday. The pair appreciates as the US Dollar (USD) struggles amid dovish Federal Reserve (Fed) expectations.
Payrolls data to showcase modest jobs gains in December
The highlight of today’s session comes in the form of a labour market update, and traders will fixate upon the results to more accurately gauge the trajectory of rates from the Fed in the foreseeable future. Even though the US employment market managed to steer clear from catastrophic predictions, it is currently being found in […]
France Consumer Spending (MoM) below forecasts (0.2%) in November: Actual (-0.3%)
France Consumer Spending (MoM) below forecasts (0.2%) in November: Actual (-0.3%)
EUR/CAD Price Forecast: Consolidates around mid-1.6100s; Canadian jobs data awaited
The EUR/CAD pair oscillates in a range around mid-1.6100s through the early European session on Friday, though it seems to have stalled the previous day’s modest pullback from over a three-week high.
Silver Price Forecast: XAG/USD trades above $77.00 after bouncing off nine-day EMA
Silver price (XAG/USD) gains ground after two days of losses, trading around $77.20 per troy ounce during the Asian hours on Friday.
German Industrial Production rises 0.8% MoM in November vs. -0.4% expected
Germany’s industrial sector activity unexpectedly increased in November, the latest data published by Destatis showed on Friday.