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ECB's Nagel: June rate cut not necessarily followed up by a series of rate cuts

European Central Bank (ECB) policymaker and Bundesbank Chief Joachim Nagel said on Wednesday that a June interest rate cut may not be necessarily followed up by a series of rate cuts.
New
update2024.04.24 16:23

USD/CHF holds steady around the 0.9150, in line with six-month highs

USD/CHF hovers near 0.9140 during early European trading hours on Wednesday, maintaining its position close to the six-month high of 0.9152 reached on April 15.
New
update2024.04.24 16:16

Forex Today: US Dollar consolidates losses ahead of mid-tier data

Here is what you need to know on Wednesday, April 24: After weakening against its major rivals in the American session on Tuesday, the US Dollar (USD) seems to have stabilized in the European morning on Wednesday.
New
update2024.04.24 15:56

Silver Price Forecast: XAG/USD remains on the defensive below $27.50 on easing Middle East tensions

Silver price (XAG/USD) trades on a softer note near $27.30 during the early European session on Wednesday.
New
update2024.04.24 15:42

FX option expiries for Apr 24 NY cut

FX option expiries for Apr 24 NY cut at 10:00 Eastern Time, via DTCC, can be found below - EUR/USD: EUR amounts 1.0550 565m 1.0575 400m 1.0600 440m 1.0610 1.1b 1.0650 1.1b 1.0700 2.3b 1.0705 645m 1.0725 860m - GBP/USD: GBP amounts 1.2450 613m - USD/JPY: USD amounts 153.00 452m 153.50 1.5b 154.00 902m 155.40 1b - USD/CHF: USD amounts 0.9150 765m - AUD/USD: AUD amounts 0.6325 500m 0.6400 472m 0.65425 335m - USD/CAD: USD amounts 1.3600 600m 1.3650 625m 1.3680 914m - EUR/GBP: EUR amounts 0.8600 351m .
New
update2024.04.24 14:51

EUR/USD Price Analysis: The first upside target is seen at the 1.0710-1.0715 region

The EUR/USD pair trades in positive territory for the fourth consecutive day near 1.0705 on Wednesday during the early European trading hours.
New
update2024.04.24 14:20

WTI flat lines around $83.25 area, downside seems limited amid positive demand outlook

West Texas Intermediate (WTI) US crude Oil prices struggle to build on the overnight bounce from the 50-day Simple Moving Average (SMA) support near the $80.75 area and oscillate in a range during the Asian session on Wednesday.
New
update2024.04.24 14:10

GBP/USD Price Analysis: Rises to near 1.2450 despite the bearish sentiment

GBP/USD has been on the rise for the second consecutive day, trading around 1.2450 in Asian trading on Wednesday.
New
update2024.04.24 14:10

Gold price struggles to lure buyers amid positive risk tone, reduced Fed rate cut bets

Gold price (XAU/USD) struggles to capitalize on the previous day's bounce from over a two-week low - levels just below the $2,300 mark - and oscillates in a narrow range during the Asian session on Wednesday.
New
update2024.04.24 13:18

USD/CAD remains subdued around 1.3650 due to higher crude prices, disappointing US PMI

USD/CAD continues its losing streak that began on April 17, trading around 1.3660 during the Asian session on Wednesday.
New
update2024.04.24 12:48

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