NZD/USD pair traded volatile during Friday’s session, clearing all of its daily gains. Pair initially soared to a high around 0.5970 near the 20-day SMA […]
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Silver Price Forecast: XAG/USD remains bearish biased, dips below $30.30
Silver struggles to maintain momentum, hovering near the 100-day SMA at $30.34 with a downward bias. Potential further decline could see silver test key supports […]
Dow Jones Industrial Average backslides 300 points on bearish Friday
The Dow Jones fell seven-tenths of a percent on Friday. Stocks are paring back recent election-fueled gains. US Retail Sales beat forecasts, but still grew […]
Gold marks sixth-day of losses on Powell’s slightly hawkish rhetoric
Gold price dips below $2,570 head for an over 4% weekly decline. Jerome Powell indicates the Fed is cautious about cutting rates despite positive US […]
US Dollar eases five-day winning streak on profit-taking
The USD retreated on Friday after hitting yearly highs near 106.60. The market has responded to Fed Chair Powell’s comments with odds of a December […]
United States Baker Hughes US Oil Rig Count down to 478 from previous 479
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and […]
Pound Sterling Price News and Forecast: GBP/USD stumbles on soft UK data, bears target 1.2600
GBP/USD Price Forecast: Stumbles on soft UK data, bears target 1.2600 The Pound Sterling extends its agony and printing losses for the sixth straight day against […]
GBP/USD Price Forecast: Stumbles on soft UK data, bears target 1.2600
GBP/USD remains under pressure, testing significant support levels after crossing below the 200-day SMA. Further downside may see the pair target 1.2600 and potentially extend […]
Fed’s Collins: I don’t see a big urgency to lower rates
Federal Reserve (Fed) Bank of Boston President Susan Collins hit the wires on Friday, downplaying pressures for continued rate cuts in the near term, but […]
United States EIA Crude Oil Stocks Change registered at 2.089M above expectations (1.85M) in November 8
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and […]