Gold Falls Below $4,000/oz as US-China Trade Optimism Eases Safe-Haven Demand – ING
Gold prices tumbled more than 3% on Monday, sliding below $4,000 per ounce, as optimism over progress in US-China trade…
Category: Forex News & Market Updates
USD: “Fantastic Five” Named as Finalists for Next Fed Chair – Commerzbank
US Treasury Secretary Scott Bessent has unveiled the five final candidates to succeed Federal Reserve Chair Jerome Powell, according to…
Japan’s Akazawa: Tokyo Seeks Cooperation with US on Critical Minerals
Japan’s Chief Trade Negotiator Ryosei Akazawa said on Tuesday that Tokyo is in active discussions with the United States to…
Dow Jones Futures Steady as Traders Await Big Tech Earnings, Fed Rate Decision
Dow Jones futures held steady around 47,700 during European trading on Tuesday, while S&P 500 and Nasdaq 100 futures hovered…
Pound Sterling Weakens as UK Shop Prices Fall; Fed Rate Cut Bets Grow
The Pound Sterling (GBP) fell against major currencies on Tuesday as softer UK shop price data reinforced expectations of monetary…
Copper Nears Record High as US-China Trade Optimism Lifts Market – ING
Copper prices are climbing toward their May 2024 record of $11,104.50 per tonne, driven by renewed optimism over US-China trade…
Silver Price Today: XAG/USD Drops Over 2% to $45.65 – FXStreet Data
Silver (XAG/USD) prices declined on Tuesday, according to data from FXStreet. The precious metal was last seen trading at $45.65…
EUR/USD Unlikely to Break Above 1.1680 Resistance – UOB Group
Analysts at UOB Group, Quek Ser Leang and Peter Chia, noted that while the Euro (EUR) could continue to edge…
ECB Survey: Eurozone Inflation Expectations Ease Slightly in September
The European Central Bank’s (ECB) latest Consumer Expectations Survey, released on Tuesday, showed that consumers’ median inflation expectations for the…
EUR/GBP Steadies Near 0.8700 After Strong UK Retail Sales, Awaits PMI Data
The EUR/GBP pair trades slightly lower around 0.8710 on Friday, giving back recent gains after the release of strong UK…