Market Movers Archives - Page 21 of 46

Please disable Ad Blocker before you can visit the website !!!

AUD/USD trades in a similar range above the mid-0.6700s.

by admin · March 6, 2023 ·

AUD/USD filled a small initial gap on Monday but failed to continue. The USD is weighed down by a decline in US bond rates, supporting the major. Before this week's ...

Gold Price Prediction: Bulls in charge ahead of ISM Services PMI

by admin · March 4, 2023 ·

no comment

In a positive reversal week, gold price bulls get active. Despite rising US Treasury 10-year bond rates, the US dollar has somewhat reversed. For a new thrust on XAU/USD, the ...

Silver Price Analysis: XAG/USD bulls flirt with weekly top, seek rise over 200-hour SMA

by admin · March 4, 2023 ·

no comment

On Friday, new purchasing in silver occurs, and it gradually returns to its weekly top. The technical configuration favors the possibility of new selling at higher levels emerging. A sustained ...

USD/CAD falls below 1.3600 on rising Oil prices and a weaker Dollar.

by admin · March 3, 2023 ·

no comment

On Friday, USD/CAD encounters new supply and is under pressure from several sources. The Canadian dollar is supported by rising oil prices, which serve as a drag on the US ...

USD/JPY nears YTD peak; bulls anticipate sustained move over 100-day SMA

by admin · March 2, 2023 ·

no comment

In response to rebounding USD demand, USD/JPY picks up new bids and moves closer to the YTD top. Hawkish Fed predictions drive up US bond rates and give the dollar ...

GBP/USD recovers from 1.2000 on confusing words from BoE Bailey.

by admin · March 2, 2023 ·

no comment

About 1.2000 is important for GBP/USD as the Dollar Index indicates contracting volatility. Positive ahead demand and higher producer prices indicate a rise in US inflation. BoE Bailey emphasized once again ...

Gold Price Forecast: Strong USD, Fed rate rise worries keep XAU/USD around YTD low.

by admin · February 28, 2023 ·

no comment

With USD demand picking up, there is fresh selling pressure on gold. Hawkish Fed predictions and high US bond rates support the US dollar. Fears of a recession strengthen the safe-haven ...

Silver Price Analysis: XAG/USD attracts investors at $20.50 despite Fed rate rise concerns.

by admin · February 28, 2023 ·

no comment

After touching Monday's low of $20.55, the silver price has seen a purchasing interest. The price of Silver has halted a four-day losing streak as investors have shrugged off concerns ...

USD/CAD hits daily low after US Durable Goods Orders seek mid-1.3500s on weakening USD

by admin · February 27, 2023 ·

no comment

While the US dollar weakens generally, USD/CAD falls even farther from its highest point since January. The temptation to take risks leads to profit-taking in the safe-haven dollar and drags ...

Crude Oil Update: Expected EIA Stock Build Favors Current Trading Range

by admin · February 24, 2023 ·

no comment

WTI AND UK OIL CRUDE OIL ANALYSIS Prices will be impacted by the anticipated increase in EIA's weekly crude oil inventory. WTI oil strengthens the trading range due to announcements of ...