Gold price in India: Rates on November 11 – FXStreet
Gold prices in India fell on Monday, according to data compiled by FXStreet. Gold price fell at INR 7,246.08 per gram compared to INR 7,285.18 on Friday. Gold price fell to Rs 84,516.86 per tola from Friday's Rs 84,972.85. unit measurement Gold price in INR 1 gram 7,246.08 10 grams 72,461.08 tiger 84,516.86 troy ounce […]
Japanese Yen slides back below 153.00 against USD amid BoJ rate-hike uncertainty – FXStreet
The yen fell after a Bank of Japan summary showed policymakers were divided on when to raise interest rates. Japan's Prime Minister Ishiba faces a leadership vote, adding to the uncertainty and weighing on the yen. President Trump's optimism continues to support the US dollar, further contributing to the USD/JPY pair's strength. The Japanese yen […]
Gold Price Forecast: XAU/USD drifts lower below $2,700 on firmer US Dollar – FXStreet
Gold prices fell to around $2,680 in early Asian session on Monday. US dollar strength weakens the yellow metal. Uncertainty surrounding the global economy and geopolitical risks could increase capital flows into safe-haven assets, benefiting gold prices. Gold prices (XAU/USD) traded in negative territory around $2,680 in early Asian trading on Monday. The decline in […]
EUR/GBP Price Forecast: Extends downside, initial support level emerges below 0.8300 – FXStreet
EUR/GBP extended its decline to around 0.8310 in early European trading on Friday. The negative outlook on the cross remains as the RSI indicator is bearish and the price is below the 100-day EMA. The immediate resistance level appears at 0.8355. The first downside target is seen at 0.8290. Early in European trading on Friday, […]
AUD/USD Price Forecast: Rejection near 100-day SMA supports prospects for deeper losses – FXStreet
AUD/USD encountered fresh supply on Friday as the US dollar appeared to be buying. An overnight failure and technical setup near the 100-day SMA favors bearish traders. Sustained strength and acceptance above the 0.6700 mark negates the negativity bias. AUD/USD has failed to capitalize on yesterday's strong rally to around 0.6700, a two-week high, and […]
Gold price in India: Rates on November 8 – FXStreet
Gold prices fell in India on Friday, according to data compiled by FXStreet. Gold price fell at INR 7,313.17 per gram compared to INR 7,336.01 on Thursday. Gold price fell to Rs 85,299.38 per tola from Rs 85,565.77 per tola the previous day. unit measurement Gold price in INR 1 gram 7,313.17 10 grams 73,131.16 […]
Gold price surges above $2,700 as Fed cut rates weighed on US yields – FXStreet
Gold benefited from the Fed's dovish rate cuts and hints of flexibility in future policy direction. Investors are becoming cautious as Chairman Powell has suggested that rate cuts may be adjusted to changes in the labor market. The upcoming UoM consumer sentiment report and inflation expectations could further impact gold momentum. Gold prices rose above […]
EUR/USD grapples with 1.08 after Fed deals out another interest rate cut – FXStreet
EUR/USD pared gains on Thursday after the Federal Reserve met market expectations for further interest rate cuts. As most investors expected, the Fed cut its key policy rate by 25 basis points. Market participants are now focused on whether the Fed will cut rates one more time in 2024. On Thursday, EUR/USD pared its gains […]
Gold price hovers around $2,690 as Fed cut reinforces safe-haven appeal – FXStreet
Gold rose after the Fed cut interest rates by 25bps as expected. The Fed notes that risks are balanced, but there is economic uncertainty, supporting gold's appeal as a safe-haven asset. Powell's future comments could provide further insight into the Fed's interest rate path and economic caution. Gold prices held firm, rising more than 1% […]
USD/CAD trades around 1.3900 after pulling back from all-time highs, awaits Fed decision – FXStreet
USD/CAD could rise as the US dollar (USD) receives support from President Trump's trade. U.S. Treasury yields rose to 4.31% and 4.47%, respectively, on Wednesday, their highest levels since July, before adjusting lower. Commodity-linked CAD is supported by rising oil prices. USD/CAD retreated from the all-time high of 1.3958 reached in the previous session. The […]