Forex Market News
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Gold Prices Bid Despite Hot PPI, Inflation Data Next - What Now for XAU/USD?

Wednesday's U.S. inflation report will be closely watched by market participants. Unexpected outcomes may unleash volatility, prompting dramatic shifts in gold prices.

Tue May 14, 2024 21:08
USD/JPY Surges Despite Warnings: Interest Rate Differential Fuels Carry Trade

The Japanese yen continues to depreciate, testing Japanese officials ahead of US CPI data. Officials remain focused on undesirability of FX moves, not levels

Tue May 14, 2024 18:47
Euro Hovers Warily Against the Dollar Before the Week’s Main Events

Some more perky German sentiment data couldn’t do much for a market fixated firmly on bigger fish coming up later this week

Tue May 14, 2024 16:07
Sterling Steady as UK Jobless Rate Rises, Wage Pressures Keep BoE Vigilant

UK unemployment rose while wages failed to ease in March. Restrictive policy is having an effect on employment but less so on wages. US CPI will be the main catalyst tomorrow

Tue May 14, 2024 11:32
Gold, EUR/USD, USD/JPY – Price Action Analysis and Technical Outlook

This article provides an analysis of the technical outlook for gold, EUR/USD and USD/JPY, examining recent market trends and price action dynamics to identify potential trading opportunities for the near term.

Tue May 14, 2024 04:07
Gold and Silver Back Away from Key Resistance as Bullish Momentum Eases

Gold and silver begin the week on the back foot but CPI may provide the catalyst this week after prior prints remained stubbornly high. Silver respects resistance zone

Mon May 13, 2024 20:39

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