The EUR/JPY pair edged higher on Thursday, trading around 176.30, up 0.20% on the day. The move was driven by weaker demand for the Japanese Yen (JPY) as market risk sentiment improved…
Category: Forex News
Oil Prices Rebound Slightly Despite Bearish Inventory Data – ING
Oil prices clawed back some losses on Thursday morning after U.S. President Donald Trump announced that India plans to soon stop purchasing Russian crude, according to commodity analysts Ewa Manthey and Warren…
Silver Slips Slightly, Still Up Sharply in 2025
Silver prices (XAG/USD) edged lower on Thursday, according to FXStreet data, trading at $52.89 per troy ounce, a 0.51% decline from Wednesday’s close of $53.16. Despite the minor drop, Silver remains one…
French PM Lecornu Survives First No-Confidence Vote
French Prime Minister Sébastien Lecornu has successfully survived his first no-confidence vote in Parliament. Of the 560 lawmakers, 271 voted against the government—falling short of the 289 votes required to topple it….
USD/CNH Expected to Remain Range-Bound – UOB Group
The US Dollar (USD) is likely to continue trading within a narrow range against the Chinese Yuan (CNH), according to analysts Quek Ser Leang and Peter Chia from UOB Group. In the…
Pound Sterling Rises Against US Dollar Amid Fed Dovish Outlook, Despite Weak UK Jobs Data
The Pound Sterling (GBP) extended its recovery on Wednesday, trading near 1.3370 against the US Dollar (USD), as broad-based weakness in the Greenback boosted demand for the British currency. The move follows…
EUR/JPY Slides as Yen Strengthens on Safe-Haven Demand and Eurozone Political Concerns
The EUR/JPY pair edged lower on Wednesday, trading around 176.00, down 0.13% on the day, as heightened geopolitical and political risks fueled demand for safe-haven assets, particularly the Japanese Yen (JPY). Despite…
Gold Breaks Above $4,200 as Fed Rate Cut Bets and US-China Tensions Drive Safe-Haven Demand
Gold (XAU/USD) extended its historic rally on Wednesday, surging past $4,200 to reach a new all-time high amid strong safe-haven demand. The precious metal gained nearly 1.4% on the day, touching an…
Pound Sterling Rises Against US Dollar Amid Fed Dovish Signals and Labor Market Concerns
The Pound Sterling (GBP) extended its gains against the US Dollar (USD) during Wednesday’s European session, climbing toward 1.3370. The GBP/USD pair strengthened as the US Dollar weakened further, weighed down by…
Gold extends record rally as US-China trade tensions rattle markets
Gold (XAU/USD) continues its record-breaking rally on Monday, setting fresh all-time highs around $4,085 as fears of a revived US-China trade war boosts safe-haven demand. At the time of writing, XAU/USD is…