USD/CAD Price Forecast: Holds gains above 1.4200, bullish trend intact despite overbought signals
USD/CAD Price Forecast: Holds gains above 1.4200, bullish trend intact despite overbought signals
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USD/CAD Price Forecast: Holds gains above 1.4200, bullish trend intact despite overbought signals
Forex
GBP/USD Price Forecast: Retreats from one-week top as USD firms; 1.3300 holds the key
Saudi Arabia Gold price today: Gold falls, according to FXStreet data
Philippines Gold price today: Gold falls, according to FXStreet data
United Arab Emirates Gold price today: Gold falls, according to FXStreet data
Pakistan Gold price today: Gold falls, according to FXStreet data
India Gold price today: Gold falls, according to FXStreet data
Malaysia Gold price today: Gold falls, according to FXStreet data
The Japanese yen continued its strong downward trend this week, reaching its lowest level in over 40 years. The USD/JPY crossed the crucial resistance of 162, bringing its 12-month gains to 12.3%.
EUR/USD Price Forecast: Looks to extend intraday descent below 1.1400 on firmer USD
The Australian Dollar barely reacted to the hawkish sets of RBA minutes. Instead, AUD/USD drifted lower in Asian trading, suggesting investors are no longer judging the Reserve Bank by what it says, but by what they believe it can realistically do.
Silver Price Forecast: XAG/USD finds cushion near $56.60, eyes on US JOLTS Job Openings data
Gold dives to fresh YTD low as US‑Iran tensions and Fed hike bets boost USD
GBPJPY currency pair earlier reversed from the support area between the support level 213.00 (which has been reversing the price from the middle of May), 61.8% Fibonacci correction of the upward impulse from April and the support trendline of the daily up channel from February.
PBOC sets USD/CNY reference rate at 6.8109 vs. 6.8175 previous
Gold declines to near $4,000 as inflation concerns reinforce higher-rate outlook
Several of the key headwinds that hammered the euro earlier this year are starting to fade. Here's why the balance of risks m.
GBP/JPY Price Forecast: Ascending triangle puts YTD high in play
Silver is stabilizing near key support after a sharp decline, but any rebound may face strong resistance before the broader bearish correction resumes.
The Euro to Dollar (EUR/USD) exchange rate has stabilised near 1.1410 after suffering a sharp sell-off during June as stronger US economic data and geopolitical tensions boosted demand for the Dollar. Berenberg believes the Euro may continue to struggle in the short term, but expects a more supportive backdrop to emerge as economic growth.