Gold price forecast for today: What to expect for the gold rate on June 20, 2025; reasons for a ‘sell on rise’ approach.
Gold Price Forecast Gold prices have been on a downward trend recently. As traders assess where the gold rates might be headed and how to navigate the market, here’s some insight from Jateen Trivedi, a VP Research Analyst at LKP Securities. During the trading session on June 20, gold opened significantly lower, reflecting a broader […]
Australian Dollar stays robust after China’s interest rate decision
The Australian Dollar Remains Stable Amid China’s Loan Prime Rate Announcement The People’s Bank of China reveals adjustments to its loan prime rates. The PBOC keeps its 1-year and 5-year LPRs steady at 3.00% and 3.50% on Friday. The US dollar might regain strength due to potential direct involvement in Middle Eastern conflicts. The Australian […]
Bitcoin receives support from Fed rate pause as BTC targets $106K short squeeze
Key Points: A recent analysis suggests that Bitcoin might see a bullish trend following the Fed’s decision to maintain interest rates, referencing historical patterns. Potential upward momentum for BTC/USD could increase if Binance experiences a drop in open interest. The analysis highlights order book liquidity, predicting shorter timeframes to reach $106,000. According to the report, […]
USD/JPY falls as the Fed indicates rate cuts this year; attention turns to Powell’s comments
The Fed Maintains Steady Rate Amidst Future Cuts The Federal Reserve has decided to keep interest rates steady, indicating two potential cuts this year. The two-year yield has decreased by 3.9%, pushing USD/JPY down 0.45% to about 144.50 today. Traders are eager for clarity from Chairman Jerome Powell regarding the future rates, especially with ongoing […]
Gold holds steady around $3,390 as traders anticipate the Fed’s rate decision and dot plot.
Gold prices bounce back from $3,370 after Al Jazeera counters Trump’s statements regarding Iranian discussions. Unemployment continues to rise, housing data is underwhelming, and safe haven demand remains strong. The salary appears unchanged. Hawkish dot plots allow for comparisons with gold prices. Gold is expected to trade steadily during the North American session on Wednesday, […]
Trump Criticizes Powell Again, Urges Bold Rate Reductions and Short-Term Debt Approach
Trump Criticizes Fed Chairman Powell’s Monetary Policy President Trump renewed his criticism of Federal Reserve Chairman Jerome Powell on Wednesday, taking aim at the Fed’s stringent monetary policy and advocating for significant interest rate reductions to lower government borrowing costs. “He’s a politician and not a smart person,” Trump remarked to reporters during a ceremony […]
GBP/USD remains strong above 1.3450 following UK CPI data, awaiting Fed rate decision.
GBP/USD is likely to see some buying interest near the 1.3460 mark during early European trading on Wednesday. The UK’s CPI inflation decreased to 3.4% year-on-year in May, as anticipated. The Federal Reserve’s interest rate decision is also set to be announced later on Wednesday, with no changes expected. The GBP/USD exchange rate appears to […]
EUR/USD remains stable close to 1.1500 before the Fed’s interest rate decision.
EUR/USD is expected to rise towards 1.1500 during Wednesday’s Asian session. The Federal Reserve is likely to maintain stability during its June meeting on Wednesday. While hawkish expectations for the ECB support the euro, ongoing tensions between Israel and Iran could complicate matters. The EUR/USD currency pair seems poised to draw some interest around 1.1500 […]
Japanese Yen remains near monthly low against USD amid uncertain signals on rate hikes from the BoJ
Japanese Yen revisits its monthly low against the US Dollar. BOJ’s rate hike projected for 2025 and reduced trade uncertainties bolster JPY. Limited follow-through on USD buying caps USD/JPY ahead of the FOMC meeting. The Japanese Yen (JPY) is trailing behind its American counterpart for a fourth consecutive day, as it tests its monthly lows […]
Stock futures remain mostly stable as the Federal Reserve’s rate decision approaches: Live updates
US Stock Futures and Market Trends On June 17, 2025, a trader was on the floor of the New York Stock Exchange. This Tuesday night, US stock futures were hovering around the flatline. Futures for the Dow Jones Industrial Average slipped by 7 points, which is about 0.02%. The S&P 500 Futures had a minor […]