Share: Spot Silver is surging late on Friday, tests 12-week high. XAG/USD pings $24.30 as Silver rebounds, following broad-market risk sentiment higher. Metals are pushing higher with the NY market set for an early close. XAG/USD tapped $24.30 in the back half of Friday’s trading, testing Silver’s highest bids in almost 12 weeks.
Share: The EUR/JPY followed the Friday technical rally into a new high for the week. The Euro pulled out of an early dip in the week, closing higher for three straight days. Japan inflation ticked higher on Friday, next week has Eurozone inflation in the barrel. The EUR/JPY rose for the third straight
Share: The EUR/CHF is seeing a late break heading into Friday’s closing bell. Market sentiment is seeing a late-week rally as investors take one last dip into the risk well. The EUR/CHF pair is up 0.40% bottom-to-top as risk appetite makes a late recovery. The EUR/CHF dipped to a new low for the
Share: The New Zealand Dollar declines across the board on Friday but rebounds late in session. Kiwi weakness comes from a combination of a negative global growth outlook and US Dollar outperformance. Hawkish commentary from Fed Chair Powell set the US Dollar trending higher against the Kiwi, NZD/USD resumes decline. The New Zealand
XAU/USD, S&P 500 PRICE FORECAST: MOST READ: Japanese Yen Outlook: USD/JPY, EUR/JPY Analyzed Post BoJ Minutes Release Download your Free Guide for Beginner Traders Now Recommended by Zain Vawda Forex for Beginners Global markets continued to feel the pinch today extending losses in the early part of the US session as US Yields continued to
Share: USD/CHF prolongs its two-month-old uptrend and climbs to its highest level since late June. The Fed’s hawkish outlook, rising US bond yields underpin the USD and remain supportive. Investors now look to the SNB policy meeting for some impetus ahead of the US macro data. The USD/CHF pair touches its highest level
Share: “The timing of exit from the easy policy must be not too late but not too early,” Bank of Japan (BoJ) board member Naoki Tamura said on Wednesday. Additional comments Whether scaling back easy policy early next year will depend on various data at the time. Ending negative rate, YCC are all
