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 […]
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 […]
Australian Dollar strengthens on upbeat employment data; US Dollar holds steady
The Australian Dollar (AUD) extends its gains against the US Dollar (USD) on Thursday after Australia’s latest employment report significantly outperformed expectations, reinforcing the case for a tighter monetary stance from the Reserve Bank of Australia (RBA). According to data released by the Australian Bureau of Statistics (ABS), Employment Change surged by 65.2K in December, […]
EUR/USD Price Forecast: Probes 1.1700 resistance after EMA bounce
EUR/USD ticks higher after posting mild losses in the prior session, hovering near the 1.1700 mark during early Asian trade on Thursday. From a technical standpoint, the daily chart still shows the pair trading within a descending channel, pointing to a prevailing bearish undertone. The pair is holding marginally above the 50-day Exponential Moving Average […]
WTI climbs toward $60.00 as Kazakhstan oil output disruption supports prices
West Texas Intermediate (WTI) crude extends its rally for a fourth straight session, trading near $59.80 during Asian hours on Wednesday. Oil prices are being supported by a temporary production halt at two major oilfields in Kazakhstan. Kazakhstan, a key OPEC+ producer, suspended output at the Tengiz and Korolev oilfields on Sunday due to power […]
UK CPI forecast to tick higher in December, curbing expectations of BoE rate cuts
The UK Office for National Statistics (ONS) is set to publish the December Consumer Price Index (CPI) data on Wednesday at 07:00 GMT, a release closely watched by financial markets. Economists anticipate a mild pickup in inflation, suggesting price pressures may be regaining momentum. Inflation remains a key input for the Bank of England (BoE) […]
Gold surges past $4,700 to fresh record highs as safe-haven demand intensifies
Gold (XAU/USD) extends its rally for a second consecutive session, breaking above the $4,700 level and printing a new all-time high during Tuesday’s Asian trading hours. Persistent geopolitical tensions from the prolonged Russia-Ukraine conflict continue to support safe-haven demand, outweighing easing civil unrest in Iran that has lowered the probability of direct US involvement. At […]
GBP/JPY rises toward 212.40 ahead of key UK jobs data
The GBP/JPY pair trades slightly higher around 212.45 during the Asian session on Tuesday, supported by broad weakness in the Japanese Yen (JPY). The Yen came under pressure after Japan’s Prime Minister, Sanae Takaichi, announced plans for a snap general election on Monday. PM Takaichi confirmed that the lower house of parliament will be dissolved […]
WTI steadies above $59.00 as traders weigh Iran developments and Trump’s tariff threats
West Texas Intermediate (WTI), the US benchmark crude oil, is trading near $59.30 during early European hours on Monday. Prices remain stable as markets assess easing tensions in Iran alongside broader risk-off sentiment. Investors are also positioning ahead of the American Petroleum Institute (API) crude oil stockpiles report due on Tuesday. Although tensions in Iran […]
EUR/USD rebounds from multi-week lows amid renewed tariff tensions
EUR/USD edged higher on Monday, recovering from recent losses despite fresh tariff threats from US President Donald Trump. The pair was trading near 1.1630 at the time of writing, after bouncing from seven-week lows around 1.1585, as the US Dollar (USD) weakened amid growing uncertainty surrounding US trade policy. Market sentiment was shaken over the […]