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 […]
L.A. Fires Death Toll Rising as Heavy Winds Forecast to Return
The death toll from wildfires ravaging Los Angeles rose to 16 on Sunday morning as crews struggled to extinguish the blaze. Emergency responses continue in Santa Ana as potentially strong winds return and are expected to push flames into some of the city's most famous landmarks. The forecaster is warned Wind speeds reached 80 mph […]
Silver (XAG) Forecast: Will Higher CPI Deliver the Final Blow to Bulls? – FX Empire
The market currently expects the Fed's next interest rate cut to be in June at the earliest, marking a change from the previous forecast for spring easing. Stronger-than-expected CPI growth could further delay this timeline and strengthen the dollar, weighing on silver prices. Support for industrial and safe haven demand offers Silver's industrial role continues […]
Gold (XAU) Price Forecast: Will Safe-Haven Flows Offset Rising Yields Ahead of CPI? – FX Empire
Daily US Treasury 10 Year YieldGold's rally bucked typical market behavior as the 10-year Treasury yield soared to 4.79% and the U.S. dollar hit a multi-year high. This situation typically puts pressure on gold as the opportunity cost is high and the price becomes unfavorable for non-dollar buyers. However, growing concerns about the U.S. fiscal […]
US Dollar Forecast: DXY Gains, EUR/USD Drops as U.S. Jobs Data Boosts Fed Pause Case – FX Empire
The index is holding steady above its 50-day moving average of 106.812, confirming a strong intermediate uptrend. The 200-day moving average of 104.557 provides long-term support. DXY rose 0.44% to 109.640, its highest since November 2022, and its sixth straight week of gains, the longest since 2023. Strong payroll data fuels dollar momentum The Labor […]
Gold Price Forecast: On Track for Highest Weekly Close in Seven Weeks – FX Empire
trend line breakout The trendline appears to be recognized by the market, as gold is currently scheduled to close at or near the trendline resistance. This is the upper bound of a downtrend channel. Today's high was above the line, but signs of further trend strength are needed to indicate a near-term upside potential. A […]
Forecast for damages triples to $150B — costliest blaze in US history
The massive fire ravaging Los Angeles could cause $150 billion in damage, three times the cost originally expected to be the costliest fire in U.S. history, the report said. AccuWeather experts modify estimates Fires continued to burn in some of Los Angeles County's most affluent areas Friday, with damage estimates ranging from about $50 billion […]
Gold (XAU) Silver (XAG) Daily Forecast: Mixed Sentiment Persists with ADP Data and NFP Report Looming – FX Empire
The yield on the 10-year U.S. Treasury note has reached its highest level since April 2025, further reducing the attractiveness of gold as a non-yielding asset. Investors are currently awaiting Friday's Nonfarm Payroll (NFP) report, which could provide important insight into the Fed's next policy move. Silver holds ground amid safe haven demand Silver (XAG/USD) […]
GBP/USD Price Forecast: Trades near 1.2350 after rebounding from nine-month lows – FXStreet
GBP/USD has retreated into a descending channel pattern, indicating that the bearish bias is prevailing. It could test the nine-month low of 1.2321 hit on Wednesday. Immediate resistance appears at the top of the descending channel near the 9-day EMA at 1.2447. The GBP/USD pair remains under pressure for the third consecutive session, hovering around […]
OXO Parent Helen of Troy Stock Falls as It Lowers Profit Forecast – Investopedia
Important points Helen of Troy missed forecasts for quarterly sales and net income due to lower demand for beauty and wellness products. The company reported a 3% year-over-year decline in revenue for the third quarter of fiscal 2025. Helen of Troy also cut its full-year profit forecast and reduced its sales forecast. Helen of Troy […]