Forex Market News
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Gold Price Outlook: Bulls in Control but Bearish Risks Grow on Stretched Markets

Gold climbed this week, setting a new all-time high near $2,430. However, prices eventually backed off those levels, closing near $2,345 on Friday.

Sat Apr 13, 2024 21:23
Euro’s Outlook Darkens on Dovish ECB, Geopolitical Risks – EUR/USD, EUR/GBP

The euro suffered a major setback this week, primarily against the U.S. dollar. The European Central Bank's dovish guidance laid the groundwork for the common currency's downturn, but rising geopolitical risks in the Middle East also weighed.

Sat Apr 13, 2024 09:22
EUR/USD Plummets, Eying Largest Weekly Loss in 18 Months

Contrasting data in the US and Europe highlights the need for policy divergence between the Fed and European Central Bank – weighing on EUR/USD

Fri Apr 12, 2024 15:56
US Dollar Hits a Fresh Multi-Month High, Gold Surge Continues Towards $2,400/oz

The US dollar index opens higher in Europe, aided by a weak Euro, and is back at highs seen last November. Gold is unfazed by US dollar strength and continues to print new highs.

Fri Apr 12, 2024 10:56
Euro’s Outlook Turns Bearish After ECB Decision, Setups on EUR/USD, EUR/GBP

The prospect of the ECB starting its easing cycle before the Federal Reserve and the Bank of England and delivering more rate cuts than both institutions this year may put downward pressure on the euro against the U.S. dollar and sterling in the near term.

Fri Apr 12, 2024 01:12
Gold, Silver Technical Forecast: Price Action Setups Analysed

Precious metals have eased slightly in the wake of the elevated CPI report. Both gold and silver currently test significant levels of resistance

Thu Apr 11, 2024 18:02

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