market Archives - Page 12 of 57

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

by Elena Martin · March 2, 2023 ·

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 ...

4 Global Market Updates- 2 March, 2023

by Elena Martin · March 2, 2023 ·

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In this article, we have covered the highlights of global market news about the AUD/USD, NZD/USD, USD/TRY and USD/CAD.AUD/USD Price Analysis: Bears are closing on the 0.6700 support level.The intraday low of 0.6730 is being ...

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

by Elena Martin · February 28, 2023 ·

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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 ...

4 Global Market Updates- 28 February, 2023

by Elena Martin · February 28, 2023 ·

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In this article, we have covered the highlights of global market news about the EUR/USD, GBP/USD, USD/CHF and AUD/USD.EUR/USD Price Analysis: Sits around 1.0600 on the bull's radar.Early on Tuesday, at 1.0600, the EUR/USD bulls ...

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

by Elena Martin · February 28, 2023 ·

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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 Elena Martin · February 27, 2023 ·

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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 ...

4 Global Market Updates- 27 February, 2023

by Elena Martin · February 27, 2023 ·

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In this article, we have covered the highlights of global market news about the AUD/USD, GBP/USD, USD/CAD and NZD/USD.AUD/USD: Weak near-term forecast continues, according to UOBAccording to UOB Group economists Lee Sue ...

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

by Elena Martin · February 24, 2023 ·

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

USD/JPY breaks below session lows to touch 134 commitments

by Elena Martin · February 24, 2023 ·

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The government's choice for the next central bank governor, Kazuo Ueda, gave a speech in parliament, which caused the USD/JPY to fall.USD/JPY falls to 134.80 early on Thursday as bears ...

4 Global Market Updates- 24 February, 2023

by Elena Martin · February 24, 2023 ·

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In this article, we have covered the highlights of global market news about the EUR/USD, AUD/USD, NZD/USD and GBP/USD.Before the Fed's favored inflation indicator, the EUR/USD maintained control around 1.0600.After a corrective ...