USD/CAD Holds Near 1.3470 Amid Weaker Oil Prices
USD/CAD attracted new sellers on Wednesday as the payback trended lower. Dovish Fed expectations and positive sentiment are putting heavy…
Australian Dollar Fluctuates Around 20-Month High Levels
AUD/USD trades near 20-month high at 0.6908 Australia’s monthly consumer price index rose 2.7% year-on-year in August, below expectations for…
Australian Dollar Climbs to Nine-Month High as RBA Keeps OCR Unchanged
The Australian dollar hit a nine-month high of 0.6859 following the Reserve Bank of Australia’s policy decision. The Reserve Bank…
Geopolitical Risks Propel Gold to Historic Highs
Gold prices traded in the positive territory in the Asian session on Monday. US Federal Reserve rate cuts and geopolitical…
Gold Stays Firm Near Record High, Defying Upbeat Market Trends
Gold prices (XAU/USD) have gained positive momentum for the second consecutive day on Friday, moving steadily closer to the $2,600…
Japanese Yen Stays Weak as Fed Signals Higher Long-Term Rates
The yen weakened after Fed Chairman Jerome Powell said the 50 basis point cut was “not a new step.” The…
EUR/USD Maintains Gains Above 1.1100 Ahead of Fed Policy Call
EUR/USD remains above 1.1100 as cash flow remains under pressure ahead of the Fed’s policy decision at 18:00 GMT. The…
Australian Dollar remains subdued due to rising concerns over China economy
The Australian Dollar receives downward pressure from concerns over glooming China’s economy. The Aussie Dollar’s downside could be restrained due…
Silver Price Forecast: XAG/USD advances to near $31.00 as looming Fed policy decision
Silver price extends its upside due to rising expectations of an aggressive rate cut by the Fed. The demand for…
Gold price bulls retain control near all-time peak amid bets for a larger Fed rate cut
Gold price scales higher for the second straight day and climbs to a fresh all-time high. Rising bets for a…