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 […]
Silver (XAG) Forecast: ADP Data and Fed Minutes Hold the Key to Silver’s Next Move – FX Empire
Daily US Treasury 10 Year YieldU.S. Treasury yields have remained steady as investors await labor market data and minutes from the Federal Reserve's December meeting. The 10-year bond yield remained at an eight-month high at 4.697%, while the 2-year bond yield hovered around 4.304%. Recent data showed stronger-than-expected job openings and higher service sector prices, […]
Gold (XAU) Silver (XAG) Daily Forecast: Can FOMC Minutes Trigger a Breakout Above $2,650 for Gold? – FX Empire
Silver Shows Resilience Amid Mixed Signals Silver price (XAG/USD) is holding near $30.03 with an intraday high of $30.1565, reflecting cautious optimism among traders. Like gold, silver faces headwinds from a strong dollar and rising yields, but its dual role as an industrial asset and safe-haven asset supports current price levels. The upcoming FOMC minutes […]
EUR/USD Price Forecast: Climbs but struggles at 1.0400 – FXStreet
EUR/USD rose over 0.78%, supported by the potential impact of US tariffs and a weaker dollar environment. Technical analysis points out that EUR/USD will become a buyer's market if it moves above 1.0400, with all eyes on further resistance levels. Short-term support and resistance are defined at 1.0222 and 1.0500, with the 50-day SMA becoming […]
What you need to know about polar vortex and NYC’s snow forecast
The icy winter storm caused by the polar vortex is expected to dump 1 to 3 inches of snow across the metropolitan area on Monday, starting during the morning commute and intensifying as the evening rush approaches. “Please be careful when going out and drive slowly,” New York City Mayor Eric Adams wrote to X […]
Silver (XAG) Forecast: Could Easing Labor Data Lift Prices Next Week? – FX Empire
The closest support is the low of $28.75. If this trend continues, the price could rebound to the pivot at $30.44. Overcoming this level will shift momentum to the upside, increasing the likelihood of a short-term surge into the resistance cluster formed by another pivot at $32.26 and a minor top at $32.33. If we […]
Gold Price Forecast: Targets Higher Resistance After Weekly Reversal Signals Strength – FX Empire
Weekly chart shows strength The longer time frame weekly chart (not shown) shows more strength than what is seen on the daily chart. The breakdown from an inside week pattern earlier this week has since turned higher, rising above last week's high of 2,639. If gold is able to close above its highs this week, […]