XAG/USD remains above $47.00 amid increased safe-haven demand
Silver price reached a new high of $47.57 on Wednesday.A non-yielding Silver gained as recent US jobs data…
Australian Dollar remains stronger as US Dollar declines on government shutdown risks
Australian Dollar advances as RBA is widely expected to keep its interest rates unchanged on Tuesday.Australia posted a…
Japanese Yen strengthens to near 147.50 after Fed’s Powell speech
USD/JPY softens around 147.60 in Wednesday’s early Asian session. Fed’s Powell said slowing labor market prompted rate cut. Domestic political…
USD/JPY loses ground below 148.00 as traders digest Fed speeches
USD/JPY softens to around 147.75 in Tuesday’s early Asian session.Fed’s Miran called for cutting the main interest rate…
US Dollar Index remains on the defensive below 97.00 as traders await the Fed rate decision
US Dollar Index recovers some lost ground around 96.70 in Wednesday’s early Asian session, but upside seems limited.The prospect…
US Dollar Index steadies near 97.50, potential downside appears on Fed rate cut bets
US Dollar Index may lose ground amid rising odds of multiple Fed rate cuts this year.Traders expect the…
XAU/USD gains momentum to near $3,650, eyes on US CPI release
Gold price drifts higher to around $3,645 in Thursday’s early Asian session.Rising Fed rate cut bets and geopolitical…
US Dollar Index remains below 98.00 as revised NFP data reinforce odds of Fed rate cuts
US Dollar Index weakened as disappointing revised job growth figures fueled rising Fed rate cut expectations.US Nonfarm employment…
Gold refreshes new high at $3,668, bulls eyeing $3,700-$3,750
Major Central Banks step up Gold reserve. Surging safe haven demand adds bullish momentum in prices.Gold continues refreshing…
Australian Dollar advances as US Dollar trims gains amid Fed rate cut bets
Australian Dollar receives support from the easing likelihood of the RBA rate cut.China’s CPI declined 0.4% YoY, while…
US Dollar Index treads water above 98.00 ahead of Nonfarm Payrolls
The US Dollar Index moves little as traders adopt caution ahead of US Nonfarm Payrolls.The US Nonfarm Payrolls…
US Dollar Index softens to near 98.00 as Fed rate cut bets grow
US Dollar Index weakens to near 98.15 in Friday’s Asian session. The softer job data reinforced expectations that the Fed will cut…