Silver Price Forecasts: XAG/USD hits two-week lows near $73 with central banks in focus Silver (XAG/USD) accelerated its downtrend on Tuesday, to hit fresh two-week lows at $73.35 at the time of writing, as markets shift focus from the war to the world’s major central banks,...</
EUR/USD: Consolidation band defined – UOB UOB’s strategists Quek Ser Leang and Lee Sue Ann highlight that EUR/USD briefly overshot to 1.1754 before closing unchanged near 1.1720, reinforcing a range-trading bias. EUR/USD: Consolidation band defined – UOB UOB’s strategists
There are a couple to take note of on the day, as highlighted in bold below. There are a couple to take note of on the day, as highlighted in bold below. They are all for EUR/USD layered in between the 1.1700 to 1.1750 levels. Given the size of the expiries, we coul
Needs to call for more effective, proactive fiscal policy To continue to expand domestic demand To implement appropriately loose monetary policy Will ensure liquidity conditions remain ample Will keep yuan exchange rate basically stable To improve energy security, stabilise...</p
Australian Dollar trades mixed in countdown to the Aussie CPI, Fed policy The Australian Dollar (AUD) demonstrated a mixed performance against its major currency peers, trading marginally lower against the US Dollar (USD) around 0.7180 during the European trading session on...</p
USD/INR extends rally as elevated oil prices keep pressuring Indian Rupee The Indian Rupee (INR) weakens further after a brief pause against the US Dollar (USD) in the opening session on Tuesday. USD/INR extends rally as elevated oil prices keep pressuring Indian Rupee The
The UAE’s ADNOC plans to invest billions of dollars in building a presence in the U.S. natural gas industry, the Financial Times reported today, citing the chief executive of ADNOC’s international investment division, XRG. The UAE’s ADNOC plans to invest billions of dollar
USD/CAD Price Forecast: Gains ground above 1.3600, while bearish technical bias persists The USD/CAD pair posts modest gains near 1.3635 during the early European trading hours on Tuesday. USD/CAD Price Forecast: Gains ground above 1.3600, while bearish technical bias pers
Morning briefing: Euro has fallen from 1.17550 The Dollar Index has recovered slightly while, the Euro has fallen from 1.17550. Morning briefing: Euro has fallen from 1.17550 The Dollar Index has recovered slightly while, the Euro has fallen from 1.17550. With the markets
GBP/USD Price Forecast: Eyes nine-day EMA support near 1.3500 GBP/USD steadies for the second successive day, trading around 1.3530 during the Asian hours on Tuesday. GBP/USD Price Forecast: Eyes nine-day EMA support near 1.3500 GBP/USD steadies for the second successive d