How USD/TRY is Making Waves in the Financial Market The Rollercoaster Ride of USD/TRY The USD/TRY pair has been on a wild ride lately, with fluctuations leaving investors on the edge of their seats. After a period of decline in the last two consecutive days, the pair has regained upside momentum, up 0.65% intraday near…
The Impact of Central Bank Announcements on Gold Price Gold Price (XAU/USD) steadies after refreshing the highest levels in two months Gold price (XAU/USD) has been holding steady after reaching its highest levels in two months. This comes as the precious metal braces for the third consecutive weekly gain ahead of key central bank announcements…
Gold prices showed a slight increase during the Asian session on Friday, attracting some dip-buying activity. This led to a reversal of a portion of the previous day’s retracement slide from a two-month peak in the $1,987-$1,988 region. Currently, the XAU/USD pair is trading just below the $1,975 level, marking a gain of over 0.15%…
Gold Price (XAU/USD) remains pressured at $1,9170 Introduction On early Friday morning in Asia, the Gold Price (XAU/USD) remains pressured at $1,9170 after reversing from a nine-week high. Market players are seeking more clues to justify the latest pullback in the metal’s prices. Despite the retreat, the XAU/USD remains on the way to posting the…
Quirky Tales of Silver Prices and Economic Woes A Day in the Life of XAG/USD Spot Price Once upon a time, in the whimsical world of financial markets, the XAG/USD silver spot price dropped towards the $24.80 area, recording 1.28% losses on a Thursday. It seems like our beloved grey metal had a bit of…
Understanding the Topsy-Turvy Moves of the USD/JPY Pair Current Market Situation The USD/JPY pair is currently experiencing turbulent movements below the key resistance level of 140.00 during the London trading session. Investors are closely monitoring the price action as they await crucial decisions on interest rates from both the Federal Reserve (Fed) and the Bank…
Silver retreats from recent highs Market update Silver has pulled back from its highest level since May 11, around the $25.25 region touched this Thursday, and has dropped to a fresh daily low during the early European session. Despite this retreat, the white metal is still trading above the key $25.00 psychological mark and appears…
The AUD/USD pair catches aggressive bids on Thursday Strong Intraday Gains The AUD/USD pair has caught aggressive bids on Thursday and is sticking to its strong intraday gains through the early part of the European session. Spot prices currently trade around the 0.6825-0.6830 region, just a few pips below the daily peak. For now, it…
