Gold slips on stronger USD, holds firm below $4,800 amid dovish Fed signals and geopolitical risks
Gold (XAU/USD) comes under notable selling pressure after failing to sustain gains near the $5,100 level overnight, sliding below $4,800 during the Asian session on Thursday. The pullback is largely driven by a firmer US Dollar (USD), which climbs to a two-week high and extends its recovery from a recent four-year low, weighing on the […]
EUR/GBP edges higher near 0.8650 ahead of BoE and ECB policy decisions
The EUR/GBP pair trades modestly higher around the 0.8650 level during the late Asian session on Thursday. The uptick comes as the Pound Sterling underperforms, with traders remaining cautious ahead of the Bank of England’s (BoE) monetary policy announcement scheduled for 12:00 GMT. The BoE is widely expected to keep interest rates unchanged at 3.75% […]
Australian Dollar steadies as US Dollar softens ahead of ISM Services PMI
The Australian Dollar (AUD) edges higher against the US Dollar (USD) on Wednesday, extending gains after rising more than 1% in the previous session. The AUD/USD pair remains supported following stronger-than-expected Chinese Services Purchasing Managers’ Index (PMI) data. China’s Services PMI increased to 52.3 in January from 52.0 in December, exceeding market expectations of 51.8. […]
EUR/USD edges higher above 1.1800 ahead of Eurozone inflation data
The EUR/USD pair trades modestly higher around 1.1830 during early European trading on Wednesday. However, upside momentum may remain capped as investors stay cautious following the swift resolution of a partial US government shutdown. Market attention later in the session will turn to the preliminary Eurozone Harmonized Index of Consumer Prices (HICP) data, which could […]
Japanese Yen Holds Firm Against USD as Intervention Talk Counters Fiscal Worries
The Japanese Yen (JPY) maintains a modest upside bias against a slightly weaker US Dollar (USD) during Tuesday’s Asian session, supported by renewed speculation over possible joint currency intervention by Japan and the United States. Comments from Japan’s Finance Minister Satsuki Katayama reignited such concerns, while expectations of a more hawkish Bank of Japan (BoJ) […]
7 Features to Look for in the Best Copy Trading Platform
Copy trading seems simple on the surface, yet one wrong choice can quickly turn learning into frustration. That is why understanding what truly makes a copy trading platform reliable matters more than most people realize. Especially since it has become popular among new forex traders. It allows beginners to follow experienced traders rather than trade […]
Gold extends losses after Fed chair announcement, profit-taking weighs
Gold (XAU/USD) slides to a fresh three-week low below $4,550 during early European trading on Monday, pressured by renewed profit-taking. The precious metal remains on the back foot after hitting record highs last week, as improving political stability in the United States eases demand for safe havens. Confidence rose after Kevin Warsh was named the […]
EUR/USD stays under pressure near 1.1850 as Warsh nomination lifts USD sentiment
The EUR/USD pair remains subdued around the 1.1850 level during late Asian trading on Monday, extending the losses recorded at the end of last week. The pair continues to face downside pressure as the US Dollar (USD) holds firm following the nomination of former Federal Reserve Governor Kevin Warsh as the next Chair, succeeding Jerome […]
WTI slides toward $64.00 on oversupply worries and firmer Dollar, Iran tensions cap downside
West Texas Intermediate (WTI), the US crude oil benchmark, is trading near the $64.00 mark during early European hours on Friday. Prices retreat after reaching their highest level since late September, as rising oversupply concerns weigh on market sentiment. Global crude oil production outpaced consumption throughout 2025, resulting in notable inventory builds that continue to […]
Japanese Yen remains under pressure after weak Tokyo CPI; USD/JPY rises toward 154.00
The Japanese Yen (JPY) continues to trade on the back foot during Friday’s Asian session. Modest US Dollar (USD) buying, combined with lingering yen weakness, keeps the USD/JPY pair supported near the 154.00 level. Softer Tokyo inflation data has cooled expectations for an early interest rate hike by the Bank of Japan (BoJ). At the […]
Silver Price Outlook: XAG/USD advances toward $113.50 on safe-haven demand
Silver (XAG/USD) extends its strong upside momentum, climbing close to the $113.50 level during the Asian trading session on Wednesday. The rally in the white metal is driven by persistent economic and geopolitical uncertainties, rising expectations of interest rate cuts, and a softer US Dollar. Market participants are now focused on the US Federal Reserve’s […]
EUR/USD slips below 1.2000 as US Dollar rebounds, focus shifts to Fed decision
The EUR/USD pair moves lower toward the 1.1990 region during the early European session on Wednesday, ending a four-day winning streak. The pullback comes after the pair retreated from a fresh five-year high, driven by a modest rebound in the US Dollar (USD). Market attention now turns firmly to the US Federal Reserve’s interest rate […]
Gold Price Near Record High on Safe-Haven Demand, Weak USD
Gold (XAU/USD) attracts renewed buying interest on Tuesday after a brief late pullback from above the $5,100 level, its all-time high. The precious metal remains firmly bid for the seventh consecutive session, supported by persistent safe-haven flows and a broadly weaker US Dollar (USD). The greenback continues to struggle near its lowest level since September […]
Japanese Yen eases from near three-month peak against USD; upside outlook remains intact
The Japanese Yen (JPY) trades modestly lower during the Asian session on Tuesday, snapping a two-day winning streak and pulling back from its strongest level since November 2025 against the US Dollar. The pullback comes as investors grow increasingly uneasy about Japan’s fiscal position following Prime Minister Sanae Takaichi’s expansive spending and proposed tax-cut measures. […]
EUR/USD Price Forecast: Pair climbs toward four-year high near 1.1920
The EUR/USD pair advances around 0.36%, trading close to the 1.1900 level during Monday’s Asian session. The pair gains strength as the US Dollar continues to weaken, extending last week’s losses ahead of the Federal Reserve’s monetary policy decision scheduled for Wednesday. At the time of writing, the US Dollar Index (DXY), which measures the […]
WTI Crude above $59.50 as softer US Dollar outweighs supply pressures
West Texas Intermediate (WTI), the US crude oil benchmark, is trading near $59.85 during early European hours on Friday. Prices are edging higher as broad US Dollar weakness and an improved risk appetite lend support to the market. The US Dollar has softened after President Donald Trump eased tariff rhetoric and ruled out the use […]
Japanese Yen hovers near one-week low against USD ahead of BoJ press conference
The Japanese Yen (JPY) remains under pressure near its weekly low versus the US Dollar following the Bank of Japan’s (BoJ) widely anticipated decision to keep short-term interest rates unchanged. Market participants remain cautious, refraining from fresh directional bets as they await guidance on the timing of any further policy tightening. In this context, comments […]
Day Trading Currency Market: A Complete Guide
The idea of making money within the same day attracts people to trading like nothing else. Many imagine quick profits, fast decisions, and freedom from long-term commitments. This attraction is strongest in the day trading currency market, where prices move constantly, and opportunities appear every hour. Day trading currency market attracts people because they promise […]