US Dollar steadies after geopolitical volatility – FXStreet
The US Dollar index recovers previous losses and stabilizes around 106.50. After the CDU leads the German election, the euro perks will benefit and alleviate political uncertainty. The market will focus on upcoming US GDP and PCE data later this week. US President Donald Trump is set to give a speech amid rising trade tensions. […]
Gold price hits all-time high at $2,956 as trade uncertainty lingers – FXStreet
As Trump's trade policy promotes investor uncertainty, gold will climb. The US 10-year Treasury yields have fallen slightly, providing a tailwind for bullion. Buying conditions suggest that bulls could face near record levels of fatigue. Gold prices rose to a new record high of $2,956 in early trading on Monday as greenbacks remained firmly in […]
Silver Price Forecast: XAG/USD keeps the bullish vibe above $32.50 – FXStreet
Silver Price rose to nearly $32.70 in Monday's Asian session, up 0.45% that day. Silver's positive views outweigh the important 100-day EMA with bullish RSI indicators. The first ascent barrier is found in areas ranging from $33.35 to $33.40. The initial support level is $31.52. Silver Price (XAG/USD) will be higher during Asian trading hours […]
Gold price retreats further from all-time peak amid modest pickup in USD demand – FXStreet
Gold Price pulls back from near its highest peak ever, but its shortcomings seem to be limited. Concerns about Trump's trade tariffs and the world trade war should lend support to bullion. The underlying USD bearish sentiment could contribute to limiting the loss of Xau/USD pairs. Gold Price (XAU/USD) will drop into fresh, low areas […]
GBP/USD remains above 1.2650 near two-month highs – FXStreet
GBP/USD reached a two-month height at 1.2674 as the US dollar struggled in unemployed claims data. The US unemployment claims rose to 219,000 the previous week, exceeding the expected 215,000. Traders are cautious as they continue to be concerned about the UK's economic outlook. GBP/USD traded around 1.2670 at the time of writing during the […]
USD/CAD declines to near 1.4200 as US Dollar underperforms its peers – FXStreet
USD/CAD drops sharply to nearly 1.4200 as the US dollar is below its major peers' performance. Our initial unemployed claims have been slightly higher. Fed officials are worried about the increased risk of inflation being the other way around. The USD/CAD pair approaches a key level of 1.4200 North American trading hours on Thursday. The […]
Pound Sterling trades cautiously as BoE Bailey sees sluggish UK economic outlook – FXStreet
The pound's sterling will be traded carefully against its key peers within the UK's economic outlook. FOMC minutes showed on Wednesday that authorities were worried about deepening the risk of rising inflation. Investors are awaiting the UK retail sales report for January and the supplementary S&P Global UK/US PMI data for February, scheduled for Friday. […]
Gold hits fresh record high as trade war fears continue to fuel safe-haven demand – FXStreet
Gold prices hold bullish bias amid concerns over Trump's tariffs and global trade war. Sliding US Bond weighs USD and provides additional support for precious metals. Fed Hawkish Outlook can reduce the Xau/USD pair in slightly purchased terms. Gold Price (XAU/USD) reaches a fresh peak during early European sessions on Thursday, confirming breakouts in the […]
USD/CAD steadies above 1.4200, upside seems possible due to new Trump tariffs – FXStreet
USD/CAD could be further increased due to fresh tariffs from US President Donald Trump. The latest FOMC meeting minutes emphasized that more time is needed to assess multiple factors before considering any adjustments. The Bank of Canada may rethink its approach to policy easing after inflation data showed an upward trend in January. USD/CAD will […]
Gold price in India: Rates on February 20 – FXStreet
Friday prices rose Thursday on Thursday, according to data compiled by FXStreet. Gold price was INR 8,204.09 (INR) per gram, but rose compared to IT costs of 8,193.85 on Wednesday. Gold prices increased to 95,694.53 per TOLA at 95,571.48 per TOLA a day ago. Unit Measure INR gold prices 1 gram 8,204.09 10 grams 82,033.24 […]