Silver (XAG/USD) trades little changed on Friday, hovering around $49 per ounce as investors digest the…
Category: Forex
Canadian Dollar weakens as Fed’s cautious tone boosts US Dollar demand
The Canadian Dollar (CAD) remains under pressure against the US Dollar (USD) on Friday, weighed down…
EUR/GBP dips below 0.8800 as ECB stays firm, UK fiscal concerns weigh
EUR/GBP trades slightly lower on Friday, around 0.8780 at the time of writing, down 0.13% on…
Yen steadies as RSI signals consolidation risk
The Japanese Yen (JPY) steadies against the US Dollar (USD) on Friday, with USD/JPY pausing its…
China made a real mistake by firing shots on rare earths
United States (US) Treasury Secretary Scott Bessent said on Friday that he thinks the Chinese leadership…
Fed’s Bostic: Mandates are in tension.
Federal Reserve Bank of Atlanta President Raphael Bostic is scheduled to participate in a fireside chat…
WTI rises as modest recovery meets OPEC+ output hike concerns
West Texas Intermediate (WTI) US Oil price rises to $60.50 per barrel on Friday, up 0.65%…
Gold slips below $4,000, heads for second weekly loss
Gold (XAU/USD) drifts lower on Friday after holding above the $4,000 level for the better part…
GBP/USD hits seven-month low as UK fiscal woes, Fed hawkishness weigh
GBP/USD extends its downward momentum, touching a new seven-month low of 1.3097 on Friday. The pair…
EUR/USD falls to three-month low as Fed’s hawkish tone fuels US Dollar
The Euro (EUR) weakens further against the US Dollar (USD) on Friday, with EUR/USD slipping to…