The outlook for crude oil is boosted by conflict in the Middle East, while strengthening economic data reduces demand fears. US attacks on “Iran-affiliated groups” in…
Forex, diamonds and employee savings remain sources of dispute
Savers cheated after having invested in Forex, this unregulated market, are however less numerous this year. This is a first for five years: the number…
Gold unlikely to fall much lower – Commerzbank
Strategists at Commerzbank discuss poor sentiment in the metals markets. No positive impetus for metal prices The market balance figures from the International Copper Study…
Gold and Silver on the backfoot as long as correction in rate cut expectations continues – Commerzbank
Gold price fell almost to the $2,000 mark this week, its lowest level in more than a month. Economists at Commerzbank analyze the yellow metal’s outlook. Correction…
Pound Sterling clings to gains as traders unwind BoE rate-cut bets
The Pound Sterling (GBP) recovers swiftly as stubbornly high UK Consumer Price Index (CPI) data for December has pushed back expectations of early rate cuts by the…
USD/INR: RBI may be a bit more tolerant of Rupee appreciation – ING
The Indian Rupee (INR) has traded in a slightly wider range in the last month, after months of tight trading around the 83.30 level against…
Silver Price Analysis: XAG/USD recovery attempts remain limited below $23.00
Silver (XAG/USD), is trading lower for the second consecutive day on Wednesday. The US Dollar remains bid with investors scaling back hopes of Fed easing in 2024 and risk-averse trading,…
Lagarde speech: Inflation is not where the ECB wants it
Speaking on the sidelines of the World Economic Forum (WEF) Annual Meeting in Davos, European Central Bank (ECB) President Christine Lagarde said that she is “confident inflation…
EUR/JPY Price Analysis: Snaps the two-day losing streak above the 159.00 mark
The EUR/JPY cross snaps the two-day losing streak during the early European session on Monday. The European Central Bank (ECB) chief economist Philip Lane said on Saturday…
USD/TWD: Uptrend is likely to extend on a break past 31.50/31.58 – SocGen
The TWD is languishing ahead of the presidential election on Saturday. Economists at Société Générale analyze USD/TWD outlook. Positioning for Taiwan presidential election may spur safe…