USD/JPY trades slightly lower on Tuesday, hovering around 155.80 at the time of writing, down 0.15% on the day. The pair’s decline reflects a modest strengthening of the Japanese Yen (JPY) following the release of the Bank of Japan (BoJ) Summary of … [Continue reading]
Gold rises on Fed rate cut bets, safe-haven flows
Gold price (XAU/USD) edges higher above $4,350 during the early European trading hours on Tuesday. The precious metal recovers some lost ground after falling 4.5% in the previous session, which was gold's largest single-day loss since October. … [Continue reading]
PBOC sets USD/CNY reference rate at 7.0348 vs. 7.0056 previous
On Tuesday, the People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead at 7.0348 compared to the previous day's fix of 7.0056 and 7.0112 Reuters estimate. PBOC FAQs The primary monetary policy objectives of the … [Continue reading]
USD/JPY stalls as Yentervention risk weighs
USD/JPY reversed course to open the final week of the trading year, falling back to the 156.00 region and paring off last week’s late burst of bullish momentum. General volatility is expected to widen during the last trading week of 2025, and follow … [Continue reading]
United States EIA Natural Gas Storage Change climbed from previous -167B to -166B in December 19
Bitcoin, Ethereum, and Ripple record roughly 3% gains on Monday, regaining strength mid-holiday season. Despite thin liquidity in the holiday season, BTC and major altcoins are regaining strength as US President Donald Trump pushes … [Continue reading]
EUR/GBP Price Forecast: Euro bears eye support near 0.8700
A previous EUR/GBP recovery attempt seen on Monday has been short-lived, and the pair found sellers ahead of the 0.8740 area before retreating sharply during the European trading session. The Euro is trading at 0.8710 at the time of writing, only a … [Continue reading]
EUR/USD Forecast: Bullish momentum weakens after Christmas break
EUR/USD stays in a consolidation phase and moves sideways above 1.1750 early Monday after registering marginal losses on Friday. In the absence of fundamental drivers and key macroeconomic data releases, the pair could have a difficult time finding … [Continue reading]
Silver Price Forecast: XAG/USD turns upside down on progress in Russia-Ukraine peace talks
Silver price (XAG/USD) retraces to near $75.00 in the Asian trading session on Monday from its all-time high of $84.03 posted in opening trading hours. The white metal gives up its intraday gains and turns slightly negative as United States (US) … [Continue reading]
When are the BoJ Summary of Opinions and how could they affect USD/JPY?
The BoJ Summary of Opinions PreviewThe Bank of Japan (BOJ) will publish its report on Sunday at 23:50 GMT. This report includes the BOJ's projection for inflation and economic growth. It is scheduled 8 times per year, about 10 … [Continue reading]
Russia Unemployment Rate below forecasts (2.2%) in November: Actual (2.1%)
Gold retreats after setting a new record-high above $4,520 earlier in the day and trades in a tight range below $4,500 as trading volumes thin out ahead of the Christmas break. The US Dollar selling bias remains unabated on the back of dovish … [Continue reading]