News
EUR/USD Falls Below 1. 1500 as Hawkish Fed Boosts Dollar, DAX Weakness Adds Pressure
1+ hour, 7+ min ago (731+ words) EUR/USD traded lower on Thursday, slipping below the key 1. 1500 level as investors continued to react to the Federal Reserve's latest policy decision. The currency pair came under renewed pressure after the US central bank struck a more hawkish tone…...
Gold Price Under Selling Pressure As Hawkish Fed Bets Rise
3+ hour, 27+ min ago (391+ words) Today's gold technical outlook will focus on two time frames to provide a closer look at recent price action. We will begin with the 15-minute chart to assess short-term market movements, then shift to the 4-hour chart to evaluate the…...
EUR/USD Under Pressure as Weak Growth Concerns & Steady Fed Rate Expectations
8+ hour, 46+ min ago (628+ words) The 15-minute EUR/USD chart shows a consolidation zone where EUR/USD spent a considerable amount of time trading sideways between approximately 1. 1605 and 1. 1617. During this phase, buyers and sellers were relatively balanced, with price repeatedly testing both boundaries without establishing…...
GBP/USD's 1. 3440 Hurdle and Why the US-Iran Peace Deal May Not Help
1+ day, 5+ hour ago (463+ words) The GBP/USD exchange rate is currently in a phase of consolidation. After five days of trading within a narrow range, the pair is finding it difficult to maintain a position above the 1. 3440 level. This follows a brief period where…...
US-Iran Peace Deal Lifts XAU/USD, Eases Rate Hike Concerns
2+ day, 6+ hour ago (253+ words) In my analysis of XAU/USD four days ago, the price was trading around the yellow-highlighted circle. At that point, we expected that any signs of easing tensions between the United States and Iran could support gold prices, as investors…...
Gold Rebounds 2% on Trump Halts Iran Strikes Easing Inflation Fears
6+ day, 8+ hour ago (256+ words) In last week's technical outlook for gold, we were sitting on the highlighted yellow circle, expecting that a break below the lower boundary of the channel could lead to a bearish bias. That's where we are standing right now. The…...
Gold Regains Bullish Momentum Amid Middle East Uncertainty and Easing Yields
2+ week, 2+ day ago (538+ words) Gold price finds support on Tuesday from the lower treasury yields and the fragile ceasefire between Hezbollah and Israel. Moreover, traders are cautious for more details on any new updates about the U. S. -Iran peace talks. Spot gold advances 0. 96%, or 43. 26 points,…...
Gold Price Crashes to Two-Month Low Below $4, 400
3+ week, 9+ hour ago (560+ words) Gold prices fell sharply on Wednesday, sliding below the key $4, 400 level for the first time in nearly two months as mounting inflation concerns and rising Treasury yield expectations pressured the precious metals market. Spot gold is trading near $4, 394 during the…...
Gold Price Falls to 2-month Lows On Renewed US-Iran Tensions
3+ week, 9+ hour ago (249+ words) Ahead of the US Core PCE Price Index data at 1230 UTC, the US dollar has hit one-week highs after renewed strikes by US forces on Iran stoked fears of a potential rate hike amid inflationary concerns. Gold, silver, and platinum…...
Gold Prices Hold Steady as Iran Talks and Fed Rate Outlook Limit Gains
3+ week, 2+ day ago (627+ words) Gold prices remained relatively steady on Tuesday as investors balanced easing geopolitical tensions in the Middle East against growing expectations that the US Federal Reserve could keep interest rates higher for longer. Spot gold traded near $4, 570 in early market activity…...