Australian Dollar remains weaker as US Dollar appreciates due to risk-off mood
The Australian Dollar declines despite a hawkish sentiment surrounding the RBA’s rate trajectory. Australia’s Judo Bank Composite PMI increased to…
GBP/USD Price Forecast: Holds position above 1.3000 with testing yearly highs
GBP/USD tests a yearly high of 1.3044 level, marked on July 17. The momentum indicator 14-day RSI is positioned slightly…
Silver Price Forecast: XAG/USD pulls back from $29.50 after easing of Middle-East tensions
Silver price edges lower due to the de-escalation of the geopolitical tensions in the Middle East. US Secretary of State…
Gold price sticks to modest intraday losses around $2,500 amid positive risk tone
Gold price struggles to capitalize on Friday’s breakout momentum amid a positive risk tone. Fed rate cut bets, along with…
EUR/USD trades with modest gains amid softer USD, remains below 1.1000 mark
EUR/USD attracts some buyers on Friday amid a modest US Dollar downdraft. Dovish Fed expectations and a positive risk tone…
Australian Dollar remains weaker due to a RBNZ’s 25 bps rate cut
The Australian Dollar depreciates following an unexpected 25 basis points rate cut by the RBNZ on Wednesday. The Aussie Dollar…
Silver Price Forecast: XAG/USD falls toward $27.50 on easing odds of a deeper Fed-rate cut
Silver price edges lower as traders ease back on a deeper rate cut by the Fed in September. CME’s FedWatch…
Japanese Yen holds gains as US Dollar remains tepid amid dovish Fed
The Japanese Yen appreciates due to a hawkish sentiment surrounding the BoJ. Japan’s Finance Minister Shunichi Suzuki will continue to…
Gold price slides below $2,420 level, fresh daily low amid receding safe-haven demand
Gold price struggles to capitalize on the overnight sharp rise to a multi-day peak. Easing fears of an imminent US…
Gold price flat lines below $2,400 amid mixed fundamental cues, downside remains cushioned
Dovish Fed expectations and geopolitical risks assist the Gold price to attract dip-buyers. Signs of stability in the equity markets…