EUR/USD stabilizes above 1.0750, looks to post modest weekly gains
Following the sharp decline witnessed in the European session, EUR/USD has managed to recover modestly and seems to have stabilized…
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AUD/USD drops to over one-week low, below mid-0.6600s amid broad-based USD strength
In the vicinity of the 0.6755–0.6760 range, which corresponds with a theoretically significant 200-day Simple Moving Average, the AUD/USD pair…
Gold Price Forecast: XAU/USD pierces above key $2,000 level on US Dollar weakness
The price of XAU/USD has re-broken above $2,000 after dip-buying in the $1,960 area on Thursday started a new leg…
USD/JPY remains heavily offered near 130.00 mark, its lowest level since February 10
The USD/JPY pair drifts lower for a third straight day on Friday, extending this week’s rejection decline from the 133.00…
EUR/USD drops below 1.0800 after Germany and EU PMIs
In the early hours of Friday AM Europe, EUR/USD lost momentum and fell under 1.0800. The Composite PMI nudged up…
GBP/USD: A test of 1.2400 appears not favoured near term – UOB
Economist Lee Sue Ann and Markets Strategist Quek Ser Leang at UOB Group say that a potential move to the…
Why the Fed isn’t done raising interest rates yet
For the eighth time in a row, the US Federal Reserve has increased the federal funds rate. The target range…
Taiwan central bank unexpectedly raises rates, cuts GDP forecast
TAIPEI: On Thursday, Taiwan’s central bank lowered its projection for the island’s economic growth this year and unexpectedly increased its…
Gold Price Forecast: Pullback from yearly highs extends as US Dollar rebounds
When global banking worries subside (for the time being) and US Treasury yields find support, the price of gold declines…
EUR/USD Weekly Forecast: Between a rock and a hard place, the Fed will decide on monetary policy
This week, there were a lot of bumps on the financial markets because people were worried about the health of…