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Silver Price Forecast: XAG/USD rises to near $48.50 as Fed rate cut bets increase

Silver price (XAG/USD) gains ground after recovering losses registered in the previous session, trading around $48.40 per troy ounce during the Asian hours on Friday.
New
update2025.11.07 13:54

EUR/JPY loses traction to near 176.50 despite ECB's cautious stance

The EUR/JPY cross loses ground around 176.60 during the Asian session on Friday. The Japanese Yen (JPY) strengthens against the US Dollar on minutes of the Bank of Japan's (BoJ) September policy meeting and verbal intervention from Japanese officials.
New
update2025.11.07 13:46

Gold draws support from safe-haven flows and Fed rate cut bets

Gold (XAU/USD) attracts fresh buyers following the previous day's late pullback from the vicinity of the weekly high and trades around the $4,000 psychological mark during the Asian session on Friday.
New
update2025.11.07 13:21

USD/CAD remains above 1.4100 near six-month highs despite decreasing Fed rate cut odds

USD/CAD continues its winning streak that began on October 30, trading around 1.4120 during the Asian hours on Friday. The pair remains near the six-month high of 1.4140, reached on November 5, as the US Dollar (USD) rebounds after posting losses in the previous session.
New
update2025.11.07 12:55

NZD/USD drifts lower below 0.5650 as China's Trade Surplus narrows in October

The NZD/USD pair attracts some sellers near 0.5620 during the Asian trading hours on Friday. The New Zealand Dollar (NZD) weakens against the US Dollar (USD) after a narrowing of China's trade surplus in October and a weak New Zealand jobs report.
New
update2025.11.07 12:47

Japanese Yen pulls back from over one-week top against USD on weaker domestic data

The Japanese Yen (JPY) retreats slightly from an over one-week high touched against the US Dollar (USD) during the Asian session on Friday, following the disappointing release of Japan's Household Spending data.
New
update2025.11.07 11:28

US Dollar Index rebounds after a sharp decline, Michigan Consumer Sentiment eyed

The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is rebounding after losing nearly 0.5% in the previous session and trading around 99.80 during the Asian hours on Friday.
New
update2025.11.07 11:24

Australian Dollar inches lower ahead of China's Trade Balance data

Australian Dollar (AUD) declines against the US Dollar (USD) on Friday, extending its losses for the second successive session. The AUD/USD pair remains weaker ahead of China's Trade Balance data due later in the day.
New
update2025.11.07 10:49

WTI drifts higher above $59.50 on weaker US Dollar, fears of oil glut might cap its upside

West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $59.60 during the Asian trading hours on Friday. The WTI recovers some lost ground on the weaker US Dollar (USD). However, the potential upside might be limited amid increasing excess supply concerns.
New
update2025.11.07 10:37

PBOC sets USD/CNY reference rate at 7.0836 vs. 7.0865 previous

The People's Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead on Friday at 7.0836 compared to the previous day's fix of 7.0865 and 7.1131 Reuters estimate.
New
update2025.11.07 10:15

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