Gold holds intraday gains but stays below $4,950 ahead of FOMC Minutes
Gold (XAU/USD) continues its upward move during Tuesday’s European session, reaching a new daily high. The metal has recovered a large portion of the previous day’s sharp decline of more than 2%, when prices slipped toward the $4,842–$4,843 area — the lowest level in nearly two weeks. Still, traders remain cautious before the release of […]
USD/CAD Price Forecast: Attempts to push recovery above 20-day EMA
The USD/CAD pair trades slightly higher near 1.3653 in the early European session on Wednesday. The pair gains modestly as the US Dollar (USD) edges up ahead of the Federal Open Market Committee (FOMC) Minutes scheduled for 19:00 GMT. At the time of writing, the US Dollar Index (DXY), which measures the Greenback against a […]
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Gold slips as risk appetite caps gains despite dovish Fed outlook and soft USD demand
Gold (XAU/USD) comes under renewed selling pressure for a second consecutive day, dropping to a more than one-week low near the $4,858 region ahead of Tuesday’s European session. The metal later rebounds toward $4,900 as traders hold back from aggressive positions and wait for clearer signals about the US Federal Reserve’s rate-cut outlook. Market attention […]
EUR/USD stays weak below the mid-1.1800s, but losses may be limited
The EUR/USD pair faces selling pressure for a second straight day on Tuesday, trading below the mid-1.1800 region during the quiet Asian session. Even so, the overall fundamentals suggest traders should be cautious about expecting a deeper decline. The US Dollar Index (DXY), which measures the US Dollar against major currencies, holds on to its […]
WTI Oil stays below $63.00 as attention shifts to US-Iran talks
West Texas Intermediate (WTI), the main US crude benchmark, started the week on a soft note, continuing the cautious mood seen late last week. Prices are still moving within Friday’s range. Attempts to rise above $63.00 are struggling, while support near $62.00 is holding for now. As a result, crude remains roughly 4% lower than […]
Australian Dollar edges higher near 0.7090 before RBA and Fed minutes
The AUD/USD pair moved up after two days of losses, rising about 0.2% to around 0.7090 during Monday’s European session. The Australian Dollar strengthened as traders waited for the Reserve Bank of Australia (RBA) meeting minutes scheduled for Tuesday. At the policy meeting earlier this month, RBA Governor Michele Bullock indicated that interest rates may […]
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Selecting a forex trading platform sounds simple when you’re new to it. But if you understand how trading works, it might even seem extremely complicated or scary. But when you dissect it, it’s just the digital route that links traders to the world currency market. In addition to placing and managing trades, you can view […]
Japanese Yen Strengthens Amid Renewed Government Intervention Signals
The Japanese Yen gained strength after renewed verbal intervention from Tokyo officials. As a result, USD/JPY declined for the fourth consecutive session, trading near 152.90 during Asian market hours. Japan’s Vice Finance Minister for International Affairs, Atsushi Mimura, stated that authorities are closely monitoring currency movements with a high level of urgency. He emphasized that […]
EUR/USD weakens as US jobs data trims Fed rate cut bets
The EUR/USD pair trades in negative territory for the third consecutive day near 1.1860 during the early European session on Thursday. Traders will keep an eye on the US weekly Initial Jobless Claims data. On Friday, the attention will shift to the US Consumer Price Index (CPI) inflation report. The Greenback strengthens against the Euro […]
US Nonfarm Payrolls Seen Posting Moderate Job Growth in January
The United States Bureau of Labor Statistics (BLS) is set to publish the delayed January US Nonfarm Payrolls (NFP) report on Wednesday at 13:30 GMT. The employment data is expected to spark renewed volatility in the US Dollar (USD), as market participants look for clearer signals on the Federal Reserve’s next move on interest rates. […]
EUR/USD moves higher above 1.1900 ahead of US January NFP report
The EUR/USD pair advances toward 1.1915 in early European trading on Wednesday, supported by a softer US Dollar. Investors are likely to adopt a cautious stance later in the session as they await the delayed US January employment report, which could shape expectations around Federal Reserve policy. Disappointing US Retail Sales figures weighed on the […]
Choosing Best Forex Brokers 2026: 5 Mistakes to Avoid
The forex market is full of opportunities — but it’s also full of traps. Every year, thousands of traders jump in with high hopes, only to realise that the broker they trusted was the reason behind their losses. It isn’t necessarily the plan or method that goes from potentially good to costly disaster; sometimes it’s as […]
WTI slips below $64.00 as Middle East supply concerns ease
West Texas Intermediate (WTI), the US crude oil benchmark, is trading near $63.80 during early Asian hours on Tuesday. Prices have come under pressure as fears of supply disruptions in the Middle East have softened. Market participants are now turning their attention to the American Petroleum Institute’s (API) weekly inventory report, due later in the […]
EUR/USD dips toward 1.1900 as focus shifts to US economic data
The EUR/USD pair edged lower to near 1.1905 during early European trading on Tuesday, ending a two-day advance. Traders remained cautious ahead of key US economic releases, including employment and inflation data that were delayed following the recent four-day government shutdown. White House economic adviser Kevin Hassett said on Monday that US job creation could […]
US Dollar Index stays under pressure near 97.50 as markets wait for key data
The US Dollar Index (DXY), which tracks the US Dollar against a basket of six major currencies, continued to drift lower for a second straight session, hovering around 97.60 during Asian trading on Monday. The greenback remains under pressure as investors stay cautious ahead of important economic releases that were pushed back due to the […]
Gold holds above $5,000 as central bank demand and rate-cut hopes support prices
Gold (XAU/USD) trades firmly above the $5,000 psychological level during Monday’s Asian session, supported by fresh data showing continued buying by the People’s Bank of China (PBOC). Figures released over the weekend confirmed that China’s central bank added to its gold reserves for a fifteenth consecutive month in January. At the same time, expectations that […]
WTI slips below $63.00 ahead of US-Iran talks
West Texas Intermediate (WTI), the US crude oil benchmark, trades near $62.85 during Asian hours on Friday. Prices move lower after the United States and Iran confirmed plans to hold talks in Oman later in the day. Iran is expected to center discussions on its long-running nuclear dispute with Western nations. Washington, meanwhile, wants broader […]