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]
India FX Reserves, USD up to $693.32B in December 15 from previous $688.95B
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]
Singapore Industrial Production (MoM) fell from previous 11.5% to -10.2% in November
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]
Singapore Industrial Production (YoY) registered at 14.3% above expectations (14.2%) in November
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]
Japan Retail Trade s.a (MoM) down to 0.6% in November from previous 1.6%
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]
Japan Industrial Production (YoY) dipped from previous 1.6% to -2.1% in November
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]
Japan Retail Trade (YoY) above expectations (0.9%) in November: Actual (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]