Forex News

Gold Price Bounces Back at the Start of the Week It’s a new week and a new chance for gold traders to jump back into the market. The price of gold, also known as XAU/USD, has attracted some dip-buyers after experiencing a bit of a dip recently. This comes after Friday’s bounce from the $2,614-2,613…

Feeling the Financial Rollercoaster: The EUR/USD Ride Hold on tight as we dive into the world of yield differentials, interest rate outlooks, and ECB policy meetings! Are you ready for a wild ride? It’s been quite a ride for the EUR/USD lately, with the compression in yield differentials between the United States and Europe playing…

The EUR/GBP Pair Struggles to Extend Recovery Friday’s Session Overview In Friday’s North American session, the EUR/GBP pair is seen ticking lower to near 0.8285 after facing difficulties in extending the previous day’s recovery above the crucial resistance level of 0.8300. This drop can be attributed to the strong performance of the Pound Sterling (GBP)…

AUDUSD near lowest levels since August ahead of US Nonfarm Payrolls Report The Australian dollar (AUD) remains near its lowest levels since August, touching on Wednesday, amid uncertainty in the market. Traders are holding back from making big moves in the AUDUSD pair, waiting for the US Nonfarm Payrolls (NFP) report. The AUDUSD pair has…

Gold Price Rebounds as Market Eyes US Nonfarm Payrolls Report What Happened? Gold price (XAU/USD) rebounded today after touching a one-and-half-week low during the Asian session on Friday. The precious metal climbed to a daily high, surpassing the $2,640 level in the last hour. This meaningful appreciating move, however, seems to be elusive ahead of…

USD/JPY Rebounds as Bitcoin Soars and Market Speculates on Central Bank Actions The USD/JPY rebounded off its overnight lows, with the big rally in Bitcoin and DAX helping to reduce the yen’s haven appeal somewhat. But the pressure remains amid speculation that the Bank of Japan will hike interest rates at its upcoming policy decision…

The USD/CAD pair struggles to maintain momentum Market Overview The USD/CAD pair has been experiencing difficulty in capitalizing on the gains it has made over the past few days. The pair is currently facing some selling pressure during the first half of the European trading session on Thursday. Despite this, the spot prices are hovering…

Exploring the Latest Trends: Gold Prices Dip as US Bond Yields Rebound, But Limited Downside Expected Gold Price Drifts Lower as US Bond Yields Rebound Gold price (XAU/USD) drifts lower during the Asian session on Thursday, albeit it remains confined in a familiar range held over the past week or so amid mixed fundamental cues….