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Gold rises to all-time high on safe-haven demand, shifting Fed expectations

Gold price (XAU/USD) rallies to record highs in the $2,440s on Monday due to its safe-haven qualities as the geopolitical risk barometer rises a notch due to increased tensions in the Middle East.
New
update2024.05.20 19:56

US Dollar extends retracement on Fed-packed Monday

The US Dollar (USD) is starting the week as it closed off the previous week: with some easing. Equities are on the front foot this Monday while commodities are trading higher, pushing the Greenback into some easing. Market volumes though might be a
New
update2024.05.20 19:45

USD/JPY exhibits volatility contraction near 155.60 due to sidelined US Dollar

The USD/JPY pair displays a sharp volatility contraction near 155.60 in Monday's European session.
New
update2024.05.20 19:39

BoE's Broadbent:

Bank of England (BoE) Deputy Governor Ben Broadbent said on Monday that it was possible that the BoE could cut the policy rate this summer, per Reuters.
New
update2024.05.20 19:16

Silver Price Analysis: Breaks out above top of four-year range and rallies above $32.00

Silver (XAG/USD) price has broken decisively above key resistance at $30.00 and risen parabolically, hitting its first upside target at $32.28.
New
update2024.05.20 19:06

AUD/JPY moves below 104.50 after China decides to hold interest rates

AUD/JPY has trimmed its intraday gains, trading around 104.20 during the European session on Monday, amid a risk aversion sentiment.
New
update2024.05.20 18:11

Mexican Peso rallies after Banxico official's comments

The Mexican Peso (MXN) edges higher, continuing the steep rally witnessed in most MXN pairs on Friday, after the Deputy Governor of the Bank of Mexico (Banxico), Irene Espinosa, said she thought the Banxico should keep interest rates at their current high level (11.0%) as the battle with inflation was not yet over.
New
update2024.05.20 17:56

USD/CHF hovers around 0.9100 with a positive sentiment

USD/CHF continues its winning streak for the third day, trading around 0.9100 during the early European hours on Monday.
New
update2024.05.20 17:43

Pound Sterling holds gains on improved market sentiment, UK inflation comes under spotlight

The Pound Sterling (GBP) trades close to an almost two-month high around 1.2700 in Monday's European session.
New
update2024.05.20 17:08

Silver price today: Silver rises, according to FXStreet data

Silver prices (XAG/USD) rose on Monday, according to FXStreet data.
New
update2024.05.20 17:03

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