Gold Price Short-term Outlook: XAU/USD Surges 19% – Bulls Test Key Resistance – FOREX.com
Gold Price Short-term Outlook: XAU/USD Surges 19% – Bulls Test Key Resistance FOREX.com Source link
Dow Jones surges as Iran reopens Strait of Hormuz
US equities ripped higher on Friday as a ceasefire between Israel and Lebanon, paired with Iran’s announcement that the Strait of Hormuz would reopen to commercial traffic, triggered a broad risk-on rally. The Dow Jones Industrial Average (DJIA) added more than 1K points to finish just below 49,800, the S&P 500 gained 1.5% to push […]
Air Canada to cut four NY-bound flights as fuel prices soar due to Iran conflict
Air Canada to cut four NY-bound flights as fuel prices soar due to Iran conflict Source link
Gold Price Short-term Outlook: XAU/USD Surges 19% – Bulls Test Key Resistance – FOREX.com
Gold Price Short-term Outlook: XAU/USD Surges 19% – Bulls Test Key Resistance FOREX.com Source link
China shock shows tentative turn – Deutsche Bank
Deutsche Bank’s Robin Winkler argues that German manufacturing faces an ongoing “China shock” as Germany’s trade deficit with China has reached a record size and now exceeds its surplus with the US. He notes that Germany’s relative price competitiveness versus China has recently stopped deteriorating, helped by Euro depreciation and rising Chinese producer prices, suggesting […]
BYD seeks to join Europe’s auto lobby amid tariff challenges
BYD seeks to join Europe’s auto lobby amid tariff challenges Source link
Indian Rupee rises as RBI introduces fresh measures against US Dollar buying
The Indian Rupee (INR) trades higher against the US Dollar (USD) on Friday, as the opening of special credit lines for state-run oil buyers to meet their foreign exchange needs has strengthened the Asian currency. The USD/INR pair declines to near 92.70 after remaining sideways in the last two trading days. On Thursday, the Reserve […]
Explainer-French trio’s planned $24 billion telecoms deal to test EU resolve
Explainer-French trio’s planned $24 billion telecoms deal to test EU resolve Source link
Gold Price Hits $4,841 as Spot XAUUSD Surges on Weaker Dollar and Central Bank Demand Amid Mixed US – AD HOC NEWS
Gold Price Hits $4,841 as Spot XAUUSD Surges on Weaker Dollar and Central Bank Demand Amid Mixed US AD HOC NEWS Source link
Downtrend resumes with stable forecasts – Danske Bank
Danske Research Team notes that EUR/USD has retraced its war-linked decline and now trades around 1.18. They have revised their 1M and 3M EUR/USD forecasts to 1.18, expecting the pair to stay near current levels in the short term. Over a longer horizon, they project a higher EUR/USD, driven by relative monetary policy, Oil normalization […]
