Central bank notes show officials concerned about energy price effects of Iran conflict
Federal Reserve Deliberations Reflect Concerns Over Inflation Last month, when policymakers chose to maintain interest rates, they expressed worries that climbing energy prices could increase inflationary pressures in the economy. This insight comes from the minutes of the Federal Open Market Committee (FOMC) meeting. The FOMC, which sets the monetary policy for the Fed, released […]
EUR/USD Price Outlook: 1.1600 support remains intact as negative momentum persists
The EUR/USD pair saw a slight rebound on Wednesday, helped by a decline in US Treasury yields, which capped further gains for the US dollar. The euro, in contrast, benefited from new inflation data out of the eurozone, raising hopes that the European Central Bank (ECB) might consider raising interest rates sooner than expected. As […]
Silver price update for May 20, 2026
As of 9:15 a.m. ET, the price of silver settles at $75.19 per ounce. It has dropped by 50 cents since yesterday, yet it’s gained over $42 in the past year. Price Movement Overview Yesterday’s silver price: $75.69 (-0.66%) Price one month ago: $80.79 (-6.93%) Price one year ago: $33.08 (+127.29%) Historical Performance of Silver […]
USD/CAD Price Outlook: Buyers look for a breakthrough at 1.3770 near the 200-EMA before FOMC Minutes
The USD/CAD pair saw a spike in demand on Wednesday, climbing to the 1.3765-1.3770 range during the early European session, approaching levels not witnessed since mid-April. This upward movement seems to result from a mix of supportive elements, as traders await insights from the FOMC minutes for potential new direction. The U.S. dollar has been […]
USD/CHF Price Outlook: Aims to build on gains past 0.7900, reaching a three-week high with a stronger USD.
The USD/CHF currency pair has seen continued buying for the second consecutive day, poised to test three-week highs in early European trading on Wednesday. The current price is likely to climb above the 0.7900 threshold, strengthening its upward trend fueled by a robust US dollar. Ongoing geopolitical uncertainty and expectations of a hawkish stance from […]
This popular UV-protection shirt is now on sale for $8 on Amazon — the lowest price ever.
With summer approaching, there’s a good deal to consider if you’re looking for sun protection. For just $8, you can pick up a lightweight shirt that offers UPF 50 sun protection. It’s a practical choice for outdoor activities, especially on sunny days. The shirt is on sale—its original price was $29.99, so this represents a […]
USD/CHF Price Prediction: Bullish engulfing pattern appears, traders look towards 0.7900
The USD/CHF pair established a “bullish engulfing” chart pattern, increasing by over 0.58% on Tuesday and surpassing significant resistance barriers, which included the 50-day simple moving average (SMA) at 0.7868. Currently, the pair is trading at 0.7890, hovering just beneath the 0.7900 mark. Technical Outlook for USD/CHF This pair reached a near three-month low of […]
Silver price update as of Tuesday, May 19, 2026
As of 9:15 a.m. ET today, the price of silver stands at $75.69 per ounce. This marks a decrease of $1.36 from yesterday, though it’s still up more than $43.34 compared to last year. Historic Silver Performance Silver isn’t exactly considered a quick way to get rich. Historically, it has lagged behind traditional stocks. Since […]
Gold Price Outlook: Short-term sentiment stays negative as 20-day EMA trends downward
Gold Prices Decline Amidst Firm Treasury Yields Gold prices (XAU/USD) dropped by 0.55% to approximately $4,540 during European trading on Tuesday. The yellow metal is facing downward pressure as U.S. Treasury yields remain robust, fueled by expectations that the Federal Reserve will hold interest rates steady for the remainder of the year. At this moment, […]
NZD/USD Price Outlook: Kiwi softens to 0.5850 in careful markets
On Tuesday, the New Zealand dollar (NZD) dipped against the US dollar (USD), sitting just above $0.5850. This marks a decline from Monday’s peak of $0.5880. As tensions between the US and Iran fluctuate, the market is taking a cautious stance, especially with rising oil prices creating a defensive environment for risk-sensitive assets like the […]