News
Entertainment
Science & Technology
Life
Culture & Art
Hobbies
News
Entertainment
Science & Technology
Culture & Art
Hobbies
FXStreet - The Foreign Exchange Market - Economy
9 | Follower
EUR/GBP loses ground below 0.8550 ahead of BoE’s Bailey speech
The EUR/GBP cross loses traction to near 0.8525 during the early European session on Thursday, pressured by a stronger Pound Sterling (GBP) broadly. Traders will closely monitor the Bank of England’s (BoE) Governor Andrew Bailey speech later on Thursday.
USD/CNH Price Forecast: Seems vulnerable near YTD low, around 7.1600 amid a bearish USD
The USD/CNH pair attracts fresh sellers following the previous day's modest uptick and touches a fresh year-to-date low, around the 7.1525 area during the Asian session on Thursday. Moreover, a bearish technical setup backs the case for further near-term depreciation for spot prices.
Japanese Yen benefits from reviving safe-haven demand; USD/JPY slumps to nearly two-week low
The Japanese Yen (JPY) intraday buying remains unabated through the early European session on Thursday, which, along with a broadly weaker US Dollar (USD), drags the USD/JPY pair to a nearly two-week low in the last hour.
EUR/USD attracts some buyers to near 1.1700 ahead of US GDP release
The EUR/USD pair extends its upside to near 1.1690 during the Asian trading hours on Thursday. The US Dollar (USD) weakens against the Euro (EUR) as investors are concerned about the future independence of the US Federal Reserve (Fed).
USD/CAD Price Forecast: Wobbles around 20-day EMA
The USD/CAD pair ticks down to near 1.3718 during Asian trading hours on Thursday. The Loonie pair trades slightly lower, while the US Dollar (USD) declines sharply as United States (US) President Donald Trump has reiterated threats to fire Federal Reserve (Fed) Chair Jerome Powell.
Australian Dollar holds gains as US Dollar remains weaker, Q1 GDP Annualized eyed
The Australian Dollar (AUD) advances against the US Dollar (USD) on Thursday, continuing its winning streak for the fourth consecutive day. The AUD/USD pair remains stronger amid improving risk appetite, driven by a fragile US-brokered Israel-Iran ceasefire.
Silver Price Forecast: XAG/USD edges higher above $36.00 on softer US Dollar, rising demand
The Silver price (XAG/USD) attracts some buyers to around $36.35 during the early European session on Thursday, bolstered by a weaker US Dollar (USD). Traders will take more cues from the final US Q1 GDP Growth Rate and Fedspeak later on Thursday.
Nvidia blasts through record high as AI euphoria drowns out trade turbulence
Nvidia shares are surging, not only regaining lost ground from the early-year Trump-China tariff upheaval and the DeepSeek-induced wobble, but also reaching a new record high. With a market cap now at an astonishing $3.77 trillion—overtaking Microsoft—this isn’t just a comeback. It’s a statement.
WTI drifts lower below $65.00 after Israel agrees to Iran ceasefire
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $64.90 during the Asian trading hours on Wednesday. The WTI price tumbles to a two-week low near $64.75 after Israel agrees to a ceasefire with Iran after nearly two weeks of conflict.
Silver Price Forecast: XAG/USD posts modest gains near $36.00 on weaker US Dollar
The Silver price (XAG/USD) posts modest gains near $35.95 during the Asian session on Wednesday. The weaker US Dollar (USD) provides some support to the USD-denominated commodity price. Traders brace for Federal Reserve’s (Fed) Chair Jerome Powell testifies later on Wednesday.