Silver Price Forecast: Six-Day Rally Targets $90 as Bulls Seize Control
Silver prices have extended their winning streak to six consecutive sessions, with the precious metal now setting its sights on the psychologically significant
Forex News
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US Dollar Surges After Hot Inflation Data; Markets Eye Retail Sales and UK GDP
The US Dollar strengthened broadly on Wednesday after the release of hotter-than-expected US inflation data, reinforcing expectations that the Federal Reserve will maintain
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GBP/JPY Holds Steady After Pulling Back From Recent Gains
The British pound traded in a narrow range against the Japanese yen on Wednesday, stabilizing after paring a portion of its recent upward
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Gold Slips as Hot US PPI Data Boosts Yields, Dollar
Gold prices edged lower on Tuesday as stronger-than-expected US Producer Price Index (PPI) data pushed Treasury yields higher and strengthened the US Dollar,
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ECB’s Philip Lane Warns Oil Shock Could Force Further Rate Hikes
European Central Bank (ECB) Chief Economist Philip Lane has issued a stark warning that a significant oil price shock would likely require additional
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South Korean Won under pressure as volatility persists, says OCBC
The South Korean Won is showing signs of fading strength as currency market volatility remains elevated, according to a recent analysis from OCBC
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Gold struggles to attract buyers as bullish USD, Fed rate hike bets weigh on sentiment ahead of US PPI
Gold prices are facing renewed headwinds this week, struggling to attract buyers as a resurgent US dollar and growing expectations of further Federal
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Morgan Stanley Sees Potential for Yuan Weakening if China Export Momentum Holds
Morgan Stanley analysts have revised their outlook on the Chinese yuan, suggesting the USD/CNY exchange rate could move lower if China’s export sector
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ECB’s Rehn Warns Against Overreliance on Oil Prices in Policy Decisions
European Central Bank board member Olli Rehn cautioned on Wednesday that monetary policy decisions should not be determined by fluctuations in oil prices
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Canadian Dollar Awaits BoC Minutes for Policy Clarity, Says TD Securities
The Canadian dollar is trading with a cautious tone as markets turn their attention to the upcoming release of the Bank of Canada’s