EUR/USD Price Forecast: Bounces-off key support near 1.1110 ahead of German/ US data – FXStreet
EUR/USD bounced off the key Fibonacci support at 1.1107 as US Dollar selling resumed. Risk aversion and fears over pre-German inflation and US GDP could limit the pair's upside. Daily technical setups continue to remain constructive for EUR/USD in the near term. EUR/USD It moved back into the green zone early Thursday, reversing some of […]
EUR/USD pares recent gains, poised for further downside – FXStreet
EUR/USD dipped below 1.1150 as bidders struggled to maintain balance. The breakdown in bullish market sentiment has given the US dollar some breathing room. Investors will be focused on EU and US inflation figures due to be released this weekend. EUR/USD pared recent gains and retreated to a new record high this year on Wednesday […]
USD/INR gains momentum as month-end US Dollar demand drags Indian Rupee lower – FXStreet
The Indian rupee came under selling pressure in early European markets on Wednesday. Weakness in Asian currencies and weakening demand for US Dollar at the end of the month will weigh on the INR. Investors are waiting to hear from Fed Governors Waller and Bostic on Wednesday for fresh impetus. The Indian Rupee (INR) extended […]
Gold price gains ground near the all-time high amid geopolitical risks, Fed rate cut bets – FXStreet
Gold prices continued to rise in Asian markets on Wednesday. The worsening situation in the Middle East and a dovish stance from the Federal Reserve are supporting gold prices. Traders are awaiting speeches from Waller and Bostic on Wednesday. Gold prices (XAU/USD) rose above $2,500 per troy ounce on Wednesday, buoyed by rising geopolitical tensions […]
AUD/USD holds below 0.6800 amid risk-off sentiment, eyes on Australian CPI data – FXStreet
AUD/USD fell to around 0.6790 in early Asian trading on Wednesday. Rising geopolitical tensions could weigh on the pair, while expectations of a Fed rate cut could limit any declines. Investors will be closely watching Australia's monthly Consumer Price Index (CPI) report on Wednesday. In early Asian trading on Wednesday, the AUD/USD pair is trading […]
US Dollar steady to sideways with Housing Price data not moving the needle thus far – FXStreet
The US dollar was flat against major currencies on Tuesday. Markets have regained momentum from last Friday and are returning to a riskier stance as tensions in the Middle East have eased somewhat. The US Dollar Index is trading sideways at just below 101.00. The US Dollar (USD) recovered briefly on Monday after a sharp […]
USD/INR extends rally, bolstered by US Dollar demand – FXStreet
The Indian rupee fell in the early morning session of European markets on Tuesday. End of month demand for US dollar and rising crude oil prices weighed on the Indian rupee. Traders are awaiting the release of the U.S. central bank's consumer confidence index for August ahead of key events scheduled for later this week. […]
GBP/USD holds position around 1.3200 ahead of UK PM Starmer’s speech – FXStreet
GBP/USD rose slightly on rising market optimism due to easing tensions in the Middle East. San Francisco Fed President Daly has backed the idea of initiating a 25 basis point rate cut. British Prime Minister Starmer may stress that “change won't happen overnight”, but he is keen to tackle bigger problems. GBP/USD rose slightly after […]
Gold price loses ground despite rising Fed rate cut bets, geopolitical risks – FXStreet
Gold prices attracted sellers in Asian markets on Tuesday. Growing expectations of a U.S. interest rate cut this year and escalating geopolitical conflicts may limit gold’s declines. Investors will be closely watching the U.S. central bank’s consumer confidence and home price index data due on Tuesday. Gold prices (XAU/USD) are trading in negative territory due […]
Gold price in India: Rates on August 26 – FXStreet
Gold prices in India remained almost unchanged on Monday, according to data compiled by FXStreet. Gold prices remained almost stable at INR 6,769.35 per gram compared to INR 6,774.09 on Friday. Gold prices remained almost unchanged at INR 78,956.00 per tola, down from INR 79,011.67 per tola on Friday. Unit of measurement Gold Price (Indian […]