EUR/USD, PRICE FORECAST: WEEKLY FORECAST: Gold Price Forecast: $1950 Key Support Approaches as Bears Eye Further Downside The Euro appears to be gaining some traction against the Greenback of late. The 1.0700 handle however has proved stubborn with EURUSD unable to maintain gains once crossing the threshold. Markets continue to remain optimistic that the Fed
Share: USD/CAD trades with a mild negative bias and is pressured by a modest USD downtick. The uncertainty over the Fed’s rate-hike path should help limit any meaningful USD fall. Bearish Oil prices might continue to undermine the Loonie and lend support to the pair. The USD/CAD pair ticks lower during the Asian
Gold price oscillates in a narrow range amid the uncertainty over the Fed’s rate-hike path. Declining US bond yields caps the recent USD recovery and lends support to the XAU/USD. Traders now await Fed Chair Jerome Powell’s speech before placing fresh directional bets. Gold price (XAU/USD) struggles to capitalize on the overnight bounce from the
Share: Researchers from Nordea are out with a note highlighting that the Fed’s (and other central banks’) fight with inflation will remain an ongoing task for longer than most might be expecting, with Nordea currently anticipating a lack of any rate cuts until well into 2025. Major forecasts: Firmly on hold The central
Gold Fatigue Sets in as USD Reclaim Lost Ground, Fed Speakers Re-Surface لینک منبع : هوشمند نیوز
© Reuters. Investing.com – The U.S. dollar rose in early European trade Tuesday, rebounding from recent lows, while the Australian dollar slumped after the RBA hinted at the end of its cycle of rate hikes.. At 03:25 ET (08:25 GMT), the Dollar Index, which tracks the greenback against a basket of six other currencies, climbed
© Reuters. Investing.com– Most Asian currencies fell on Tuesday as a warning from Federal Reserve officials and signs of more economic headwinds for China dented sentiment, while the Australian dollar tumbled after the Reserve Bank struck a seemingly dovish tone. The U.S. dollar rebounded from six-week lows, firming in Asian trade after Minneapolis Fed President
© Reuters. FILE PHOTO: Woman holds U.S. dollar banknotes in this illustration taken May 30, 2022. REUTERS/Dado Ruvic/Illustration/File Photo By Samuel Indyk LONDON (Reuters) -The U.S. dollar extended its decline on Monday, having fallen last week by the most since July after the Federal Reserve dialled down its hawkish rhetoric and U.S. data showed signs
© Reuters. Investing.com– Most Asian currencies strengthened on Monday, while the dollar hovered near six-week lows as softer-than-expected U.S. payrolls data and less hawkish signals from the Federal Reserve drove up bets that the bank was done raising interest rates. Focus now turns to key upcoming economic readings from China, as well as a Reserve
Share: Atlanta Federal Reserve President Raphael Bostic said on Friday that monetary policy is in the right place given the economic outlook. He added he may support holding interest rates steady for about 8 to ten months. In an interview with Bloomberg TV, Bostic mentioned that he does not see a recession ahead.
