Gold Prices Tumble 0.67% Amid US Dollar Surge, Investors Eye Inflation Data
Gold prices experienced a significant decline on Friday as the US Dollar staged a recovery despite falling Treasury yields. The…
Category: News
Dow Jones Hits Record 44,000 Mark As Consumer Sentiment Surges To 73.0, Boosting Market Optimism By Nearly 5% In One Week
The Dow Jones Industrial Average (DJIA) surged to a historic high on Friday, surpassing 44,000 points as stocks wrapped up…
Canadian Dollar Drops 0.4% As October Jobs Growth Misses Forecast And Wages Rise 4.9% – Inflation Pressures Persist For BoC
The Canadian Dollar (CAD) slumped 0.4% against the U.S. Dollar (USD) on Friday after Canada’s October employment report fell short…
NZD/USD Falls 1.05% After Fourth Rejection From 20-Day SMA – Bearish Trend Looms As RSI Hits 40
In a challenging week for the NZD/USD pair, the currency pair has been persistently rebuffed by the 20-day Simple Moving…
EUR/USD Surges Above 1.0900 Amid Weaker US Dollar, Pre-Election Volatility And ECB Rate Cut Expectations For December
The EUR/USD pair is seeing a resurgence today, bouncing back after a volatile Friday, with the release of the latest…
USD Price Outlook- DXY To Consolidate Between 104.50-105.50 Amid 93% Chance Of Republican Clean Sweep And Fed’s 25bps Rate Cut
The US Dollar (USD) has maintained strong momentum, driven by the potential for a Republican clean sweep in the upcoming…
Silver Price Holds Steady at $31.18, Up 31.02% In 2024 Amid Stable Market Conditions
Silver prices remain largely unchanged on Thursday, with XAG/USD trading at $31.18 per troy ounce, marking a slight 0.07% dip…
NZD/USD Price Forecast- Breaks Above 0.6000, Testing Key Resistance Levels Amid Bearish RSI Below 50
The NZD/USD pair has recently made an upward move, recovering from losses and trading around 0.5990 in early European trading…
Silver Price Forecast- XAG/USD Bears Control As Price Breaks Below $31, Eyes $30.35 Support And $29.70 Target
Silver (XAG/USD) is currently under pressure, with bears maintaining control as the price trades below critical support levels. For the…
WTI Oil Price Breaks Below $71.50- Key Support Levels At $70.62 And $70.72 Could Determine Next Move
West Texas Intermediate (WTI) oil prices have been under pressure, extending their losses for the second consecutive session. As of…