Silver Price Forecast: Eyes Breakout as Bulls Defend Key Support Levels – FX Empire
20 day line rises Further supporting the bullish theory, the 20-day moving average started rising last week and is converging with the internal uptrend line and double bottom neckline. When the indicators align and identify similar price ranges, it's a sign that the market should pay attention. These bullish signs are fighting resistance represented by […]
Gold News: Will Trump’s Policies Boost XAU/USD’s Safe-Haven Appeal? – FX Empire
Will tax cuts and deregulation lead to a weaker dollar? President Trump's proposed tax cuts and deregulation are aimed at stimulating economic activity. However, these measures could widen the federal deficit and weaken the US dollar. When the dollar falls, gold tends to benefit because it becomes cheaper for investors using other currencies. Many market […]
‘Enough is enough’: Family escapes Empire State over vaccine vendetta
Everyone has their own COVID-19 story, and in the beginning, it was a dream come true for Cutler's on Staten Island. After years of saving and sacrificing, Curtis and Liz Cutler were building their first home just as the fraud began. Due to New York's lockdown orders, they and their two children had to hunker […]
Gold News: Trump Tariff Fears Drive XAU/USD Hedging Demand – FX Empire
Gold remains above key $2,700 level despite pullback spot gold It remains above $2,700 and is up 0.51% this week. Friday's slight pullback can be attributed to profit-taking rather than a major reversal in the market. Earlier this week, gold hit a one-month high and is just $65 shy of its October all-time high of […]
Natural Gas News: Futures Hold Strong as Traders Eye EIA Report and Arctic Weather – FX Empire
If $3.850 is not sustained, prices could accelerate towards $3.330, but continued cold weather and weak production levels make such a decline unlikely. It seems. As of 12:42 (Japan time), natural gas futures are trading at $4.116, up $0.033 (+0.81%). Will the EIA report be a bullish boost? Today's EIA Weekly Storage Report will play […]
Gold (XAU) Silver (XAG) Daily Forecast: CPI Data and Bond Yields Shape Market Trends – FX Empire
Core CPI excluding food and energy slowed to 3.2%, slightly higher than market expectations. The possibility of further Fed rate cuts could support gold later this year, but the current policy stance limits upside. US Treasury yields have fallen from 14-month highs, providing some relief to gold prices. Additionally, uncertainty surrounding global trade policy and […]
Gold (XAU) Silver (XAG) Daily Forecast: Will CPI Data Spark a Bullish Breakout? – FX Empire
Silver faces headwinds from hawkish Fed expectations Silver (XAG/USD) is trading around $29.84 after hitting an intraday low of $29.74. Like gold, silver is also under pressure from softer US inflation data and strong US employment data. Expectations of rising U.S. Treasury yields and tight monetary policy from the Federal Reserve continue to reduce silver's […]
Google search empire faces probe under new UK digital competition law
Google's online search empire is the target of a new investigation under Britain's sweeping new online antitrust laws, officials announced Tuesday. Britain's antitrust watchdog, the Competition and Markets Authority, is investigating whether Google has a “strategic market position”. The designation could subject the company to a crackdown under the country's Digital Markets, Competition and Consumers […]
Gold (XAU) Silver (XAG) Daily Forecast: U.S. Inflation Data Looms, Pivot Levels Hold Strong – FX Empire
Friday's solid US non-farm payrolls (NFP) report strengthened expectations for a narrower rate cut, provided support for the US dollar (USD) and kept bond yields stable. As a result, gold faces limited upside, but remains attractive as a safe haven amid fluctuating economic indicators. Silver follows gold’s rise even as yields fall Silver (XAG/USD) mirrored […]
Gold (XAU) Silver (XAG) Daily Forecast: Can Gold Stay Above $2,677 Pivot Amid Rising Treasury Yields? – FX Empire
Those strong numbers supported the dollar, which is hovering near two-year highs, and pushed up U.S. Treasury yields. As a result, non-yielding assets like gold are less attractive to investors. Despite these pressures, uncertainty surrounding the US economic outlook and global geopolitical tensions have not diminished gold's appeal as a safe-haven asset. Silver falls on […]