EUR/JPY Price Outlook: Optimistic perspective remains above 172.50 with a risk-on attitude
EUR/JPY gains traction, approaching 172.60 during the Asian session on Monday, marking a 0.20% increase for the day. Positive sentiment surrounds the pair as it trades above the significant 100-day EMA, with bullish indicators from the RSI. Immediate resistance is noted at 173.00, while the first support level to monitor is at 171.51. During Monday’s […]
Gold Price Outlook: XAU/USD remains under the 20-day EMA amid a wider risk-on wave.
Gold Prices Face Challenges Amid Risk Appetite Boost Gold prices are struggling to maintain their safe haven appeal as broader risk rallies dampen demand. The recent Israel-Iran ceasefire has positively influenced investor sentiment. Federal Reserve Chair Jerome Powell indicated on Tuesday that current monetary policy remains suitable amidst uncertainty around tariff policies. During Wednesday’s European […]
Gold (XAUUSD) & Silver Price Forecast: Risk-On Mood Pressures Prices, Fed Easing Eyed – FXEmpire
Silver tracks gold and faces sales pressure Silver (XAG/USD) reflects gold’s weakness, trading at $33.44 after touching on a low low of $33.37. The broader risk-on tone, supported by a decline in US economic figures and trade friction, contributed to the decline. Both metals are under pressure as investors slop towards stocks and leaning towards […]
Pound Sterling strengthens on upbeat UK GDP data, risk-on market mood – FXStreet
Sterling of the pound has made progress as the UK's GDP rose at a robust pace in December and an astonishing expansion in the last quarter. Boe's Greene and Pill have led a gradually more cautious approach to interest rate reductions. Investors are volatility as the US president is poised to announce mutual tariffs. Pound […]
Australian Dollar holds ground due to risk-on market sentiment, China’s measures – FXStreet
The Australian dollar has been supported by improving market sentiment and solid commodity prices. The Australian dollar rose on strong trade data from China and Beijing's efforts to stabilize the yuan. The US dollar fell after December's US producer price index was disappointing. The Australian dollar (AUD) remained stable on Wednesday after gaining for the […]
Gold prices nurse steep losses as Trump win sparks dollar, risk-on rally – Investing.com
Investing.com — Gold prices fell slightly in Asian trade on Thursday, paring sharp declines from the previous session after Donald Trump's victory in the 2024 election triggered a rally in the dollar and risk assets. Expanded. The yellow metal also hit a series of record highs in the run-up to the election and was hit […]
Australian Dollar appreciates due to risk-on mood ahead of US Fed interest rate decision – FXStreet
The Australian dollar is extending gains as risk sentiment improves ahead of the US Federal Reserve decision. The Reserve Bank of Australia's hawkish stance is supporting the Australian dollar. The US dollar is weakening as the Fed is likely to cut interest rates by 50 basis points on Wednesday. The Australian Dollar (AUD) rose for […]
Australian Dollar rises due to risk-on mood, focus shift to US Initial Jobless Claims – FXStreet
The AUD/USD pair rose following comments from former Reserve Bank of Australia (RBA) Governor Bernie Fraser. Bernie Fraser criticised the Reserve Bank of Australia's board for placing too much emphasis on inflation at the expense of the jobs market. Australian consumer inflation expectations eased to 4.4% in September, down slightly from a four-month high of […]
Australian Dollar advances amid risk-on mood, light trading – FXStreet
The Australian dollar strengthened on risk-advanced sentiment after the UoM’s five-year inflation expectations softened on Friday. The Australian share price rose above 7,770, following Wall Street’s gains from Friday. The US dollar weakened after the Gulf Coast University’s May 5-year consumer inflation expectations dropped to 3.0% from an expected 3.1%. The Australian dollar (AUD) rose […]