Category: Trading

Gold climbs above $4,500 as US Dollar, yields fall

Gold price (XAU/USD) rises to around $4,520 during the early Asian session on Thursday. The precious metal surges to the highest s...

Australian Dollar gains as Treasury buyback offsets haw...

The Aussie Dollar advances on Wednesday, up over 0.56%, as the US Dollar registers losses amid the US Treasury bond buyback and de...

GBP/JPY Price Forecast: sellers take control below 50-d...

The GBP/JPY retreats on Wednesday as the cross-pair fails to climb past 216.00  and fell beneath the 50-day Simple Moving Average ...

Washington bought the Japanese Yen again without meanin...

USD/JPY closed Wednesday 0.92% lower just above 158.00, the largest single-session decline since the early-August intervention, an...

Pound Sterling's best level since May was made in Washi...

GBP/USD closed Wednesday 0.53% higher just above 1.3600, its best close in three months, and the United Kingdom inflation report t...

New Zealand Dollar rallies as Treasury buyback drags US...

The New Zealand Dollar (NZD) rallies against the US Dollar (USD), pushing north of the 0.5930 mark. The move is driven by broad we...

Australia unemployment rate expected to hold at 4.4% in...

Australia will release the July monthly employment report on Thursday at 01:30 GMT. Ahead of the announcement, analysts anticipate...

The Dollar Index answers to the Treasury, not the Fed

The Dollar Index closed Wednesday 0.86% lower just beneath 98.80, its weakest close since mid-May, and it closed on the session lo...

Silver Price Forecast: XAG/USD eyes $67 as US yields sl...

Silver (XAG/USD) price reversed course on Wednesday and soared over 5% as US Treasury yields edged lower, following the US Treasur...

Dow Jones Industrial Average keeps half a bid nobody ma...

The Dow Jones Industrial Average holds just beneath 53,500 on Wednesday, up roughly 120 points and 0.23%, having surrendered more ...

Crypto investors may be underestimating the next wave o...

Crypto investors may be underestimating the scale of the industry’s next growth phase by relying too heavily on current market con...

Euro surges as traders ignore Fed’s hawkish minutes

The Euro (EUR) gains over 0.85% against the US Dollar (USD) during the North American session on Wednesday, even though the latest...