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The yellow metal gold is consolidating within a narrow trading range if 1,953 – 1,926 level. Investors are looking for a fundamental reason to trigger a breakout that can happen on either side – checkout a quick video analysis forecast.
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USD/CHF Holds Near Lows as Traders Await FOMC Minutes for Policy Clues Key Moments
USD/CHF trades near 0.7880, down 0.12%, as the US Dollar remains subdued ahead of the FOMC minutes.
The Federal Reserve cut rates by 25 bps to 3.50%-3.75% and indicated only one rate reduction in 2026.
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Japanese yen rose as concerns of negative influence by losses appeared Japanese yen moved upwards against most of the major currencies after Japanese Economy Minister Akira Amari stated that further currency losses would have a potential negative effect on households. Bloomberg reported, that yen currency jumped […]
Yen Rally Pressures USD/JPY; Intervention Risk Rises Key Moments
USD/JPY slid about 130 pips in early European trade, dropping from around 154.50 to just below 153.20 without any new headline catalyst.
Officials in Japan and the US have fueled speculation about potential FX […]
General Motors shares fall for a fourth straight session on Wednesday, GM Korea to receive loans from parent, KDB to receive preference shares, sources say According to people with knowledge of the matter, the $3.6 billion cash inflow, planned by General Motors Company (GM) for its unit in South Korea, is to be in the form of loans. At the same time, for investing as much as $750 million in […]
Gold futures extend drop from six-month high ahead of Fed meeting Gold futures extended a decline from the strongest level in more than six months as better-than-expected US economic data backed the case for further stimulus cuts before the Federal Reserve starts a two-day meeting today. Also fanning […]
Natural gas trading outlook: futures edge higher on colder end to December Natural gas extended Fridays hefty gains as weather patterns for the end of the month continued to trend colder during the weekend, providing support after recent bearish headwinds.On the New York Mercantile Exchange, natural gas for […]