Wednesday , 8 January 2025

Forex

WTI lacks any firm intraday direction, stuck in a range below $78.00 mark amid mixed cues
Forex

WTI lacks any firm intraday direction, stuck in a range below $78.00 mark amid mixed cues

West Texas Intermediate (WTI) US Crude Oil prices come under some selling pressure and remain depressed through the first half of the European...

AUD/USD exhibits strength above 0.6600 as market sentiment improves
Forex

AUD/USD exhibits strength above 0.6600 as market sentiment improves

The AUD/USD pair is up 0.13%, near 0.6615, at the time of writing in the European session on Wednesday.

Gold Price Forecast: Easing monetary policy will be crucial to push XAU/USD higher – ANZ
Forex

Gold Price Forecast: Easing monetary policy will be crucial to push XAU/USD higher – ANZ

Higher than expected US inflation number weighed on Gold. Economists at ANZ Bank analyze the yellow metal’s outlook.

Silver Miners (SIL) still finding bottom [Video]
Forex

Silver Miners (SIL) still finding bottom [Video]

The silver miners ETF (SIL) is an exchange-traded fund that seeks to track the performance of companies primarily engaged in silver mining.

India Gold price today: Gold falls, according to MCX data
Forex

India Gold price today: Gold falls, according to MCX data

Gold prices fell in India on Wednesday, according to data from India's Multi Commodity Exchange (MCX).

Cisco (CSCO) pullback is not over further downside to come
Forex

Cisco (CSCO) pullback is not over further downside to come

Cisco Systems, Inc., commonly known as Cisco (CSCO), is an American-based multinational digital communications technology conglomerate corporation headquartered in San Jose, California.

Japan’s Yata: Must continue wage hikes next year and thereafter to defeat deflation
Forex

Japan’s Yata: Must continue wage hikes next year and thereafter to defeat deflation

Wakako Yata, a special advisor to Japan's Prime Minister Fumio Kishida for wages and employment, said on Wednesday, “wage hikes this year are...

EUR/USD extends pullback into midweek
Forex

EUR/USD extends pullback into midweek

EUR/USD continues its steady decline into midweek after the release of higher-than-expected inflation data from the United States (US) reduced the chances of...

USD/MXN buoys around 16.80 amid an improved risk appetite
Forex

USD/MXN buoys around 16.80 amid an improved risk appetite

USD/MXN extends its losing streak that commenced on February 29 as the US Dollar (USD) weakens on improved risk appetite as market participants...

EUR/GBP to stabilise around 0.8550 ahead of Friday’s UK data and the BoE meeting next week – ING
Forex

EUR/GBP to stabilise around 0.8550 ahead of Friday’s UK data and the BoE meeting next week – ING

EUR/GBP ended Tuesday higher and it is little changed on Wednesday after the UK's Office for National Statistics reported real Gross Domestic Product...