Gold price in Saudi Arabia: Rates on March 20 – FXStreet
Gold prices rose in Saudi Arabia on Thursday, according to data compiled by FXStreet. Gold's price was 368.20 Saudi Riyals (SAR) per gram, up compared to the cost of SAR 367.47 on Wednesday. Gold prices rose from 4,286.11 per TOLA to 4,294.58 per TOLA a day ago. Unit Measure SAR gold prices 1 gram 368.20 […]
Japanese Yen sticks to intraday gains near weekly high against bearish USD – FXStreet
Japanese Yen draws support from BOJ rate hiking beds and global flights to safety. Trade jitter and escalating geopolitical tensions continue to benefit safe in-home assets. The expectations provided by the forked BOJ apply downward pressure to the USD/JPY pair. The Japanese Yen (JPY) gained aggressive traction for the second day in a row on […]
Bitcoin Price Forecast: BTC Whale demand surges $13B ahead of Fed Meeting, – FXStreet
Bitcoin prices rose 4%, reaching a 10-day peak of $85,900 on Wednesday, as the Federal Reserve decision to suspend the rate was in line with market expectations. IntotheBlock's on-chain chart shows that BTC's large transactions have increased by $13 billion since the beginning of the week. Bitcoin ETF saw over $500 million inflows in the […]
Gold price records new milestone following FOMC’s decision – FXStreet
Gold fluctuates around $3,035-$3,050, and earns after the Fed holds interest rates and slows down balance sheet cuts. Powell cites growing economic uncertainty and tariff-driven inflation. The Fed expects two interest rate cuts in 2024. Geopolitical tensions As Russia's Ukraine speaks of a ceasefire, Israel intensifies airstrikes and raises demand for safe havens. Gold prices […]
Japanese Yen struggles to lure buyers; looks to BoJ Governor Ueda's speech for fresh impetus – FXStreet
Japanese Yen attracts some sellers following the release of softer domestic data. A small US dollar recovery from the trough over a few months will lend you more support to USD/JPY. JPY has little movement after BOJ's decision not to change short-term interest rates. The Japanese Yen (JPY) has been moving little after the Bank […]
EUR/USD softens below 1.0950 as Fed rate decision looms – FXStreet
For Wednesday's Asian session, the EUR/USD edge is around 1.0935. The Fed is expected to leave interest rates unchanged and will update its rate forecast on Wednesday. German parliament approved plans for a massive spending surge on Tuesday. The EUR/USD pair weakened to nearly 1.0935 during Asian trading hours on Wednesday, putting pressure on a […]
BoJ holds interest rate at 0.50% as expected – FXStreet
The Bank of Japan (BOJ) announced on Wednesday that it had maintained its short-term interest rate targets in the range of 0.40%-0.50% after completing its two-day monetary policy review meeting. This decision coincided with market expectations. Japan's central bank was on a putt after raising its interest rate hike of 25 basis points (BPS) to […]
Gold price hits record high above $3,030 as geopolitical tensions and Fed bets fuel rally – FXStreet
Gold prices have skyrocketed above $3,000, reaching record high amid Trump's mutual tariffs and geopolitical uncertainty. Tensions in the Middle East have escalated, renewed hostility in Israeli Hamas, increasing bullion profits by 15% since the start of the year. Traders are betting on a cut in the Fed rate in June as US Treasury yields […]
EUR/USD Price Analysis: Neutral stance around 1.0930 as momentum stalls – FXStreet
The EUR/USD is stable around the 1.0930 zone after the European session and shows neutral movement. The indicator remains in the territory that was bought, suggesting that the pairs may merge before selecting a clear direction. Support is around 1.0850, resistance is nearly 1.1000, and price action lacks strong momentum. The EUR/USD has been trading […]
US Dollar calm before the geopolitical storm which could get unleashed at any moment now – FXStreet
The US dollar has turned green, avoiding the new five-month low on the US dollar index. Traders are watching Germany increase its spending by 0.5 trillion euros. As Putin and Trump talk, the US dollar index recovers from the previous decline. The US Dollar Index (DXY), which tracks the performance of the US dollar (USD) […]