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- AUDNZD extends its downside momentum following the RBNZ’s hawkish rate cut
- USDJPY pulls back following verbal intervention signals
- Gold drops sharply as expectations for a Fed rate cut in December continue to cool
- BTCUSD continues its sharp decline, plunging decisively below the key psychological support at $100,000
- EURJPY surges to a new record high, but intervention risks loom large
- Gold pauses after recent surge, but bullish momentum stays intact above $4100
- EURGBP poised to resume its uptrend following a brief corrective pullback
- USDJPY climbed to a fresh multi-month high, but prospects of potential FX intervention keep traders cautious
- USD Index extends losses amid rising rate-cut expectations and firmer gold prices
- EURUSD makes another attempt to break through key Fibonacci resistance
Yen Weakens as Fed/BOJ Rate Gap Widens Further
The USDJPY pair surged nearly 1% following a significant policy shift by the Bank of Japan (BOJ), signaling a dovish stance that suggests any future tightening of policies will be gradual. This move accentuates the already substantial…
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Bank of Japan Lifts Interest Rates for the First Time in 17 Years
After nearly a decade of maintaining negative interest rates, the Bank of Japan (BOJ) has opted for a significant policy shift. This marks a departure from its previous strategy of stimulating economic growth through extensive monetary…
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Gold prices sink below $2,150 ahead of Fed meeting; copper rally cools
Gold prices slipped below the $2,150 mark in Asian trading on Monday, as investors shied away from non-yielding assets ahead of the Federal Reserve meeting later in the week, which is expected to provide further insight into interest rate…
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Oil prices are on the rise as attacks on Russian energy facilities escalate.
Brent crude oil, a key benchmark, edged close to $86 per barrel on Monday, continuing its upward trend from last week. This increase comes as Ukraine intensifies its strikes on Russian energy infrastructure
Futures for Brent crude oil…
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Oil prices are on an upward trajectory, buoyed by an optimistic demand forecast.
The price of WTI oil surged on Thursday, surpassing the significant psychological threshold of $80 and aiming for its first daily close above this mark since November 6th.
Positive sentiment in the near term received a boost…
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GBPUSD maintains a positive outlook ahead of key US data releases.
In early Thursday trading, the Cable is testing above the 1.2800 level, suggesting that the recent shallow correction from its recent 8-month high of 1.2893 may have run its course
The two-day pullback found support around the rising…
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Gold prices fall from record highs, near $2,150 after hot CPI data
Gold prices steadied in Asian trade on Wednesday, but were nursing a tumble from record highs after a strong U.S. inflation reading kept fears of higher-for-longer interest rates in play
The yellow metal was also hit with a degree of…
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Oil higher on strong US demand, Fed policy in focus
Oil prices surged on Wednesday, buoyed by robust global demand projections, particularly from the United States, the world's leading consumer of oil. Despite lingering concerns about inflation in the U.S., market sentiment remained largely…
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