Hello everyone, today Alisa will discuss the movements of the EUR/USD currency pair. Let's make some predictions about the price of this pair! After a period of continuous decline, EUR/USD has seen a slight increase, currently trading near the 1.0420 level. This could be a sign of a temporary recovery following recent declines, especially as the euro has faced...
At the start of December 28th, gold closed at $2,621/ounce, down by $18 from the highest point during the previous night's session, which was $2,639/ounce. Gold prices today are under pressure due to the sharp rise in U.S. bond yields to 4.63%, prompting investors to shift their capital into bonds for better returns. As a result, the flow of funds into the gold...
The Japanese Yen strengthened against the U.S. Dollar on Friday. The USD/JPY pair declined after recent gains as the Yen gained strength following the release of Tokyo’s Consumer Price Index (CPI) inflation data. This data is expected to support the Bank of Japan in raising interest rates in January. The Tokyo CPI inflation rate rose to 3.0% year-on-year (YoY) in...
Gold prices decreased slightly after the Christmas holiday, fluctuating around $2,633 on Friday. However, the precious metal may still receive positive support from expectations regarding signals related to the U.S. economy under the upcoming Trump administration and the Federal Reserve's interest rate outlook for 2025. Additionally, the appeal of gold as a...
The USD continues to maintain its strength as the Fed keeps interest rates high to control inflation. With expectations that the Fed will maintain this policy for at least the next few months, the USD will continue to have an advantage in competition with other currencies, including the JPY. This supports the USD/JPY in maintaining its upward trend. Looking at...
The USD remains strong as the Federal Reserve (Fed) maintains its high-interest rate policy to curb inflation. Although there are signs that U.S. economic growth may be slowing, the Fed is still expected to keep interest rates high for at least the next few months. This continues to make the USD attractive, which makes it difficult for the EUR/USD pair to break...
Currently, the price of gold is fluctuating around $2,625 per ounce. The gold market is showing signs of lull following the holiday break, with no significant breakthroughs observed. Last week, gold came under strong pressure due to expectations surrounding the Federal Reserve's (Fed) interest rate policy. Inflation remains high, raising concerns that the Fed may...
Let’s update the news and forecast the trend of the EUR/USD currency pair together! The EUR/USD currency pair is primarily influenced by fundamental factors related to the monetary policies of the U.S. Federal Reserve (Fed) and the European Central Bank (ECB). In the U.S., expectations that the Fed will scale back interest rate cuts in 2025 have somewhat...
Today, the USD/JPY pair is heavily influenced by the monetary policy of the Bank of Japan (BoJ). Although the current interest rate of the BoJ is 0.25%, the BoJ is expected to consider raising it to 1.0% by the end of 2025 if inflation and the economy improve. However, for now, the BoJ maintains a cautious stance due to global and domestic economic...
Hello everyone, Merry Christmas! Let's update the gold price for today: Gold is currently at $2,616 per ounce, down by $16 from the highest point of $2,629 per ounce during yesterday’s trading session. Gold is under pressure from the strengthening USD and rising U.S. bond yields, as investors await signals regarding the potential for U.S. interest rate cuts in...
The Japanese Yen (JPY) has pared some of its gains against the USD in the Asian trading session, as investors remain cautious about the timing of a potential rate hike by the Bank of Japan (BoJ). Expectations around President-elect Donald Trump's policies have also supported U.S. Treasury yields, weakening the JPY. However, the potential for a sharp depreciation...
The US dollar stopped rising, coupled with the escalating Russia-Ukraine conflict, driving gold prices up by nearly $50, ending the previous downtrend. At the close of trading on November 18, gold had gained $48, reaching $2,611 per ounce. This recovery helped gold break its six-session losing streak from the previous week, when prices had dropped to a two-month...
The EUR/USD pair is currently trading around 1.0550 in Monday's Asian session, continuing its downward trend and approaching the year's low at 1.0496, reached on November 14. The strong decline in this pair is mainly driven by factors related to the Fed and positive economic data from the US. Fed Chairman Jerome Powell recently reduced expectations of a near-term...
The global gold price has recorded an increase, fluctuating around 2,584 USD/ounce. This week, the gold market is expected to remain relatively quiet, as fewer important economic data will be released. Key pieces of information that investors are awaiting include housing market data and building permits in the U.S., new home sales, and the University of Michigan's...
Expectations around Trump's import tariffs are supporting U.S. bond yields, strengthening the USD and continuing to pressure JPY. The recent depreciation of JPY could lead to potential intervention from the Japanese government, preventing further short-selling ahead of the U.S. consumer inflation data release. Looking at the price chart, the USD/JPY pair has...
The rise in the US dollar has diminished the appeal of gold as a safe-haven asset, while expectations surrounding Trump's economic policies, such as tax cuts and infrastructure investment, have led many investors to shift towards riskier markets, driving gold prices lower. Specifically, gold has dropped to around 2,600 USD/ounce, marking a significant decline...
EUR/USD fell to a 30-week low on Monday, starting the week with a 0.6% decline. The pair continues to weaken below the 1.0700 level as Euro investors remain cautious, awaiting key US inflation (CPI) data and Eurozone GDP figures to be released later in the week. The Euro is under pressure mainly due to investors focusing on US economic indicators, especially the...
Global gold prices have dropped significantly, mainly due to the strong rise of the US dollar and an increasing willingness among investors to take on risk. The primary reason is that the market is expecting a cautious policy stance from the Federal Reserve under the leadership of President-elect Donald Trump, which has boosted investor confidence in economic...