Friday , 10 January 2025

Forex

Forex

Gold Price Forecast: XAU/USD next objectives at $2,250/$2,360 – SocGen

Economists at Société Générale analyze Gold (XAU/USD) technical outlook.

Forex

USD/ZAR: 19.25/19.38 is crucial hurdle – SocGen

USD/ZAR is approaching hurdle of 19.25/19.38. Economists at Société Générale analyze the pair’s technical outlook.

Forex

BOE’s Mann: The last time I spoke I said my vote was finely balanced

Mann has been a hawkish dissenter recently but switch to vote to hold rates at last week's meeting. This article was written by...

Forex

Oil sprints higher with Russia cutting back production output

Oil prices are soaring over 1% at the start of the week after finding some technical support on the pivotal $80.63 level.  Prices could...

Forex

AUD/USD bounces back amid US Dollar weakness

The Aussie Dollar (AUD) recovers against the US Dollar (USD) after hitting a daily low of 0.6509, though broad USD weakness underpins the...

Forex

Trump bond in New York case reduced to $175 million from $454 million

Trump and his family have been fighting the $454 million judgement against them in a loan fraud case. It's unclear if he will...

Forex

GBP/USD gets a pick-me-up after last week’s heavy selling

GBP/USD saw a fillip on Monday, rising by almost four tenths of a percent to the mid 1.2600s on a mixture of better-than-expected...

Forex

Fed’s Cook Q&A: We’ll only know if neutral rate is higher after-the-fact

Not sure if neutral rate is higher or notThat's the right answer. There are so many people forgetting that the US is running...

Forex

CHF likely to slug it out with GBP at the bottom of the G10 FX rankings in the coming months – SocGen

Kit Juckes, Chief Global FX Strategist at Société Générale, expects the Pound Sterling (GBP) and the Swiss Franc (CHF) to weaken over the...

Forex

Russia tells oil companies to cut output to meet OPEC+ target

Russia isn't bluffing.Reuters reports that Russia's government has ordered companies to reduce oil output in the second quarter to ensure they meet a...