Gold Price Outlook: XAU/USD remains under 20-day EMA, likely to decline further below $3,940

Gold rates in India: Prices on March 27

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, […]

AUD/USD Price Outlook: 20-day EMA remains an important hurdle

Australian Dollar rises as RBA expresses worries about inflation

Market Update on AUD/USD and Inflation Concerns On Tuesday in European trading, the AUD/USD pair saw a 0.35% increase, trading at approximately 0.6945. This rise in the Australian dollar came as the US dollar struggled against other currencies, particularly ahead of the release of the Consumer Price Index (CPI) data for June, expected at 12:30 […]

Mike Trout remains silent about trade rumors during the All-Star Game.

Mike Trout remains silent about trade rumors during the All-Star Game.

Mike Trout Addresses Trade Speculation at All-Star Game PHILADELPHIA — During the media day for MLB’s All-Star Game on Monday, it took only moments for reporters to pose the familiar question to Mike Trout. As a South Jersey native and longtime fan of the Phillies, fans are curious if he ever sees himself leaving the […]

NZD/USD Price Outlook: Remains under 200-day, sellers aim for 0.5700

New Zealand Dollar drops as optimism around Trump and Xi and strong US data support the Dollar

On Monday, the New Zealand dollar experienced a slight decline of 0.12% during North American trading, although it managed to gain against most G8 currencies. This movement comes amid rising geopolitical tensions and assertive remarks from the head of the Federal Reserve. Currently, NZD/USD is at 0.5754, down from a peak of 0.5789 earlier in […]

British Pound remains stable over 216.50 amid Iran concerns affecting JPY

GBP/JPY increases as Yen weakens due to oil prices and the interest rate gap between the Bank of England and the Bank of Japan supports a positive outlook

After dipping to the mid-216.00s during Asian trading on Monday, the GBP/JPY pair has bounced back slightly, stopping a small retreat from last week’s peak, which was the highest since January 2008. Still, the current price is below the 217.00 threshold, making bulls a tad nervous. The Japanese yen is attracting new sellers, mainly due […]

EUR/JPY Price Outlook: Moves up slightly above 184.50, yet remains limited by strong resistance.

EUR/USD drops below 1.1700 as the Fed maintains steady rates

During Asian trading hours on Monday, the EUR/JPY pair is showing some positive movement, trading around 184.65. Nevertheless, its potential for further gains might be constrained due to increasing geopolitical issues in the Middle East, which often lead investors toward safe-haven currencies. Additionally, there are talks about shifts in domestic assets that could bolster the […]