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The precious metal gold price continues to trade sideways around 1,944 level as traders braces for the series of economic events from the U.S. economy. The U.S. Jobless Claims, Prelim GDP, and Fed Chair Jerome Powell speech may drive price action in gold prices. Checkout gold price forecast video.
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Rand Firms as Investors Weigh SARB and Fed Policy Paths Key Moments
USD/ZAR retreated from a recent peak near 16.96 to around 16.62 as the rand recovered some earlier losses.
South Africa's headline CPI eased to 3% in February from 3.5%, with core inflation also slowing to 3%.
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US stock-index futures decline after mixed jobs data, corporate earnings U.S. stock-index futures fell, suggesting the Standard & Poor’s 500 Index will retreat from a record levels after five days of gains, amid disappointing non-farm payrolls and weak corporate earnings of networking equipment […]
EUR/SEK settles above 2-week low, posts weekly loss The EUR/SEK currency pair settled above recent low of 11.1271, its weakest level since July 11th, in the wake of the European Central Bank’s policy decision.The ECB left its main refinancing operations rate intact at 2.15%, while the […]
US stocks continue their run in record territory as economy outlook improves U.S. stocks gained, pushing benchmark indexes further to all-time highs, as Apple Inc. rallied and the International Monetary Fund indicated it would raise its outlook for the economy.The Standard & Poor’s 500 Index added 0.5% to […]
Forex Market: EUR/GBP daily trading forecast Yesterday’s trade saw EUR/GBP within the range of 0.7383-0.7450. The daily low has also been the lowest level in more than six years. The pair closed at 0.7438, gaining 0.23% on a daily basis.At 7:45 GMT today EUR/GBP was down 0.09% for […]
Brent, WTI Futures Tick Almost 1% Higher as Market Weighs Trade Pause and Supply Surge Key Moments:Tuesday witnessed Brent futures climb to $65.48 per barrel, extending gains for the fourth consecutive session.
WTI crude reached $62.53 per barrel, also logging its fourth straight rise.
OPEC output increased by 411,000 […]