Dow Jones futures climbed on Thursday, buoyed by strong earnings from Nvidia, which boosted confidence in the AI sector. Traders are now awaiting the delayed US September Nonfarm Payrolls (NFP) report for…
Category: Market News & Updates
European Gas Prices Retreat Amid U.S.–Russia Talks – ING
European natural gas prices fell nearly 2.4% on Wednesday, weighed down by reports of ongoing U.S.–Russia peace discussions, despite colder weather accelerating withdrawals from storage, according to ING commodity analysts Ewa Manthey…
India Gold Prices Slip on Thursday: FXStreet Data
Gold prices in India declined on Thursday, according to FXStreet data. FXStreet calculates gold prices in India by converting international USD/INR rates into local currency and different units. Prices are updated daily…
USD Likely to See Volatility, No Clear Direction Ahead of Fed Decision – Commerzbank
Markets are set to digest US labor market data today, with traders closely scrutinizing the figures for insights into the state of the labor market and potential implications for the Federal Reserve,…
Silver Price Outlook: XAG/USD Pauses Near $51.50 Ahead of US NFP
Silver (XAG/USD) eased from weekly highs near $52.50 on Wednesday, settling around $51.00 on Thursday, as the US Dollar strengthened following the release of FOMC minutes that showed significant dissent over further…
USD/INR Holds Firm Near 88.80 as Markets Await US NFP Report
The Indian Rupee (INR) opened weaker against the US Dollar (USD) on Thursday, pushing USD/INR toward 88.80, as renewed USD strength dominated global currency markets. The Greenback advanced after the Federal Open…
NZD/USD Forecast: Holds Modest Recovery Above 0.5600 Ahead of Key US NFP Release
The NZD/USD pair posted a mild rebound on Thursday, recovering part of Wednesday’s sharp decline that dragged the Kiwi to its lowest level since April 9. The pair is holding above the…
Canada CPI Expected to Ease Slightly in October, but Core Inflation Remains Above BoC Target
Canadian inflation is anticipated to moderate slightly in October, though underlying price pressures are expected to remain above the Bank of Canada’s (BoC) 2% target. The Canadian Dollar (CAD) has regained some…
USD/CNH Holds in Consolidation, Downtrend Intact – UOB Group
USD/CNH appears to have entered a consolidation phase after recent sharp declines, with price action now expected to remain between 7.0900 and 7.1070 in the near term. UOB Group FX analysts Quek…
EUR/USD Extends Losses Ahead of US Manufacturing and Construction Data
The Euro continues to weaken at the start of the week, slipping back toward the 1.1600 level after failing to sustain Friday’s rebound above 1.1650. A cautious risk mood, combined with reduced…