Gold Price Forecast: XAU/USD rebounds above $4,000 with US CPI in focus
Gold Price Forecast: XAU/USD rebounds above $4,000 with US CPI in focus
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Gold Price Forecast: XAU/USD rebounds above $4,000 with US CPI in focus
Forex
USD/JPY was on the rising trajectory in early May-early July. However, in a contrarian move, it's trading sideways amid renewed US-Iran war.
GBP/USD Price Forecast: Pound holds above 1.3350 with the 200-day SMA capping gains
Silver price today: Silver rises, according to FXStreet data
Silver Price Forecast: XAG/USD holds above $58.00 despite ongoing bearish bias
USD/JPY Price Forecast: Slides to 162.00 as constructive setup favors bulls before US CPI
Euro rises against US Dollar as latter corrects ahead of US CPI data
Only a week after the Reserve Bank of New Zealand suggested lower oil prices would help ease inflation, one of its most senior policymakers is already questioning that assumption. Chief Economist Paul Conway's latest remarks have given the New Zealand Dollar another boost, as investors conclude that the recent rebound in energy prices could require the RBNZ to tighten policy further than markets anticipated just days ago.
USD/JPY ended Tuesday at 162.27, with the Japanese yen remaining near 40-year lows. Pressure on the currency persists, as Japanese authorities have yet to carry out fresh interventions to support the exchange rate.
USD/CHF Price Forecast: Consolidates gains above 0.8130 with US CPI, Fed Warsh in focus
USD/CAD Price Forecast: Surging Oil prices back further downside
Gold: Oil spike weighs on prices – OCBC
EURUSD (The euro) sees limited pullback EURUSD (The euro) continues to retreat after failing to break back above the recent high, which saw prices push towards a fresh peak. The pair bounced off the support zone at 1.1380 as the RSI bounced away from the oversold region.
The Pound to Dollar (GBP/USD) exchange rate dipped at the start of the week as renewed tensions in the Middle East briefly boosted demand for the safe-haven US Dollar before Sterling recovered some ground. At the time of writing, GBP/USD was trading at $1.3391, having rebounded from an overnight low of $1.3369.
British Pound: Advance has ended with range trade likely against US Dollar – UOB
Silver Price Forecast: XAG/USD trades higher around $58 in countdown to US CPI data
The Pound to Canadian Dollar (GBP/CAD) exchange rate slipped on Monday as renewed conflict between the US and Iran lifted oil prices and supported the commodity-linked Canadian Dollar. At the time of writing, GBP/CAD was trading at CA$1.8931, down around 0.2% on the day.
EURUSD maintains an incomplete bearish sequence from the January 27, 2026 peak, leaving room for further downside. The projected target zone is defined by the 100% to 161.8% Fibonacci extension from the January 27 high, which falls between 1.076 and 1.117.
Gold: Fed inflation fears weigh on prices – ING
Euro: Downside bias but key support holds against US Dollar – UOB