Silver Price Forecast: XAG/USD slips below $57.00 as surging oil fuels inflation fears Silver price (XAG/USD) loses ground for the second successive day, trading around $56.80 per troy ounce during Asian hours on Thursday. Non-yielding Silver faces challenges as surging oi
Canadian Dollar gains strength as rising oil prices drive USD/CAD depreciation USD/CAD extends its losing streak for the sixth consecutive day, trading around 1.4040 during Asian hours on Thursday. The currency pair experienced downward pressure as the commodity-linked Can
Euro posts modest gains above 1.1200 despite French political unrest, fiscal worries The EUR/USD pair trades with mild gains near 1.1235 during the early Asian trading hours on Thursday. However, the potential upside for the major pair might be limited amid concerns over t
British Pound consolidates near September 16 highs, just below 1.3400 vs subdued USD The GBP/USD pair enters a bullish consolidation phase during the Asian session on Thursday, trading just below the 1.3400 mark and near its highest level since September 16, touched earlier this<
New Zealand Dollar trims gains near 0.5700 after softer CPI inflation data The NZD/USD pair steadies near 0.5705 during the early Asian trading hours on Thursday. The New Zealand Dollar (NZD) pares gains against the US Dollar (USD) following softer-than-expected Consumer P
The Japanese Yen barely moves as a Bank of Japan deputy talks up inflation risk The Bank of Japan (BoJ) has raised its rate twice this year, to 1.25% in September, with core inflation below its 2% target in each of the seven months to August. USD/JPY trades near 158.00 and
A hold is fully expected, so the market reaction is likely to hinge on the tone of the statement and any signal on the timing of the next hike. A hawkish hold that keeps a further increase firmly on the table would likely support the won and push short-dated Korean governm
AUD/JPY Price Forecast: Double bottom puts 113.50 in bulls' sights The AUD/JPY surges for the fourth straight day and approaches key resistance levels as bulls gather momentum, hitting a new monthly high above the October 14 daily high of 111.13. The cross-pair trades at 1
GBP/JPY Price Forecast: Doji tests bulls’ resolve below 212.00 GBP/JPY goes nowhere on Wednesday, trading around 211.77 as neither buyers nor sellers can provide direction, following the break of the 50-day Simple Moving Average (SMA) at 211.34 towards the close of the October 20
The Euro gets the PMIs first and France's credit rating over the weekend France's 10-year government bond yield went above 5% on Wednesday for the first time since 2002, and the Euro hardly moved on it. EUR/USD trades just under 1.1250, and each of its four rallies since O
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