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Silver Price Forecast: XAG/USD trades with mild positive bias around mid-$32.00s

Silver (XAG/USD) attracts some dip-buyers near the $32.20 area during the Asian session on Friday and climbs to a fresh daily high in the last hour.
New
update2025.05.09 14:33

EUR/USD rebounds above 1.1200, downside remains due to improved US Dollar

The EUR/USD pair trimmed daily losses and is trading around 1.1230 during Friday's Asian session. The pair depreciated as the US Dollar (USD) found support from upbeat US economic data and signs of easing trade tensions.
New
update2025.05.09 14:24

NZD/USD breaks below 0.5900, remains subdued following China's trade data

The NZD/USD pair continues its downward trajectory for the third consecutive session, hovering near 0.5890 during Friday's Asian trading hours. The decline follows the release of China's latest trade data, which pointed to a slowdown in external demand.
New
update2025.05.09 13:46

US Dollar Index (DXY) consolidates near 100.50 area, just below multi-week high

The US Dollar Index (DXY), which tracks the Greenback against a basket of currencies, enters a bullish consolidation phase after touching a nearly one-month top, around the 100.85 region during the Asian session on Friday.
New
update2025.05.09 13:41

Japanese Yen rebounds from multi-week low against USD; lacks bullish conviction

The Japanese Yen (JPY) recovers slightly from a four-week low touched against a broadly stronger US Dollar (USD) during the Asian session on Friday, though it lacks any follow-through buying.
New
update2025.05.09 13:38

India Gold price today: Gold rises, according to FXStreet data

Gold prices rose in India on Friday, according to data compiled by FXStreet.
New
update2025.05.09 13:36

WTI maintains position near $60.00, upside appears due to easing trade tensions

West Texas Intermediate (WTI) crude Oil price edges lower during Asian trading hours on Friday, trading near $59.80 per barrel after posting a nearly 4% gain in the previous session.
New
update2025.05.09 12:32

China's Vice Foreign Min Hua: Beijing has full confidence in ability to manage US trade issues

Chinese Vice Foreign Minister Hua Chunying said on Friday, "China has 'full confidence' in its ability to manage United States (US) trade issues."
New
update2025.05.09 12:17

China's Trade Balance: Surplus shrinks in April despite solid Exports

China's Trade Balance for April, in Chinese Yuan (CNY) terms, came in at CNY689.99 billion, showing a slight cooling off from the previous figure of CNY736.72 billion.
New
update2025.05.09 12:11

USD/INR surges due to risk aversion triggered by escalating India-Pakistan tensions

The Indian Rupee (INR) loses ground against the US Dollar (USD), extending its losses for the fourth successive session on Friday. The USD/INR pair opened with a gap up following approximately 1% gain in the previous day. Traders will likely await India's FX Reserves data due later in the day.
New
update2025.05.09 11:57

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