GBP/USD Price Outlook: British Pound continues to weaken amid UK leadership transition
British Pound Continues Decline Against US Dollar The British pound (GBP) has seen a drop against the US dollar (USD) for the second consecutive day, falling by 0.4% to around 1.3427 during Friday’s European trading. This continued decline seems largely driven by the ongoing changes in leadership within the United Kingdom (UK). Next week will […]
EUR/JPY Price Outlook: Continues to stay below the top of the ascending triangle around 186.00
The EUR/JPY currency pair has seen an escalation in its decline for the second consecutive day, trading at approximately 185.70 during Asian trading hours on Friday. It’s still hovering above both the 9-period and 50-period exponential moving averages (EMAs), which suggests a positive outlook in the near term. The 14-day Relative Strength Index (RSI) sits […]
EUR/USD Price Outlook: Remains under pressure below the mid-1.1400s after failing to break past the 200-SMA on H4
The EUR/USD pair declined for a consecutive day on Friday, driven by renewed inflation worries linked to energy prices. This scenario has fueled speculation about a possible rate hike from the US Federal Reserve, thereby bolstering the US dollar amid escalating tensions with Iran. Currently, spot prices are around 1.1435, but the absence of significant […]
SpaceX Stock Drops Below IPO Price a Month After Elon Musk’s Market Introduction
SpaceX Stock Tumbles Below IPO Price Shares of SpaceX, Elon Musk’s aerospace and AI firm, have dipped below its initial public offering (IPO) price of $135, representing a notable decline just over a month after its market debut. As reported, SpaceX stock dropped to $132.62 on Wednesday, falling below the IPO price. This marks a […]
GBP/JPY Price Outlook: Pulls back from 18-year peak, faces challenges at 220
The GBP/JPY currency pair fell about 0.34% on Thursday after hitting an 18-year peak of 219.62 the day before. However, with some recovery in the yen, the pair has now settled at approximately 218.80. GBP/JPY Price Forecast: Technical Outlook Even though the pair didn’t breach the 220.00 mark, it was still on a positive trajectory, […]
NZD/USD Price Outlook: Buyers maintain control close to one-month peaks
The NZD/USD currency pair experienced some ups and downs on Thursday. The Reserve Bank of New Zealand’s (RBNZ) aggressive approach helped boost the Kiwi, yet US dollar strength limited any significant gains. At the moment, it’s trading around 0.5842 after reaching a one-month peak earlier this week. After two days of decline due to disappointing […]
Gold Price Outlook: XAU/USD remains under 20-day EMA, likely to decline further below $3,940
Gold prices (XAU/USD) dropped by 0.7%, hovering around $4,030 during Thursday’s European trading session. Precious metals are under pressure from selling as inflation worries persist worldwide, especially with rising energy prices linked to heightened military tensions between the U.S. and Iran. On the same day, a drone struck an oil tanker at Iraq’s Basra terminal, […]
Latest silver price as of Thursday, July 16, 2026
As of 5:30 a.m. ET today, silver is priced at $57.02 per ounce. This marks a decrease of $1.19 since yesterday but is up more than $19 compared to the same time last year. Recent Silver Prices Yesterday’s price was $58.21, reflecting a decrease of 2.04%. One month prior, it was at $69.97, which is […]
Silver Price Outlook: XAG/USD declines towards $56.50 after retreating from nine-day EMA
The XAG/USD has seen a continued decrease for the second consecutive day, hovering around $56.80 per troy ounce during European trading hours on Thursday. Analyzing the daily chart indicates that the asset’s current price is slightly under the upper limit of a descending channel, hinting at a persistent bearish trend. This suggests that sellers are […]
EUR/USD Price Outlook: Approaching the upper range at 1.1485 with increased momentum
The euro (EUR) gained some ground, while the U.S. dollar (USD) saw a rebound on Thursday. This shift followed recent U.S. inflation figures that led to a significant reevaluation of expected rate hikes from the Federal Reserve. The EUR/USD pair climbed to the higher end of the 1.1400 range and is now testing the upper […]