The EUR/GBP cross loses traction to near 0.8700 during the early European session on Monday. The cross edges lower amid rising geopolitical tensions in Ukraine and a cautious tone surrounding the Bank...
Category: Finance
Live Finance News Updates.
Eyes 100-day SMA support near 1.1665
The EUR/USD pair attracts heavy selling for the second straight day and dives to a nearly four-week trough, around the 1.1670 region, during the Asian session on Monday. Bearish traders now await a su...
Gold price in Saudi Arabia: Rates on January 5
Gold prices remained broadly unchanged in Saudi Arabia on Monday, according to data compiled by FXStreet. The price for Gold stood at -0.03 Saudi Riyals (SAR) per gram, broadly stable compared with th...
Gold price in Philippines: Rates on January 5
Gold prices rose in Philippines on Monday, according to data compiled by FXStreet. The price for Gold stood at 8,360.70 Philippine Pesos (PHP) per gram, up compared with the PHP 8,221.53 it cost on Fr...
Gold price in United Arab Emirates: Rates on January 5
Gold prices rose in United Arab Emirates on Monday, according to data compiled by FXStreet. The price for Gold stood at 520.05 United Arab Emirates Dirhams (AED) per gram, up compared with the AED 511...
Gold price in Pakistan: Rates on January 5
Gold prices rose in Pakistan on Monday, according to data compiled by FXStreet. The price for Gold stood at 39,760.38 Pakistani Rupees (PKR) per gram, up compared with the PKR 39,086.09 it cost on Fri...
Gold climbs above $4,400 as geopolitical tensions drive demand
Gold (XAU/USD) gains strong positive traction at the start of a new week and climbs further beyond the $4,400 mark during the Asian session amid the global flight to safety. Geopolitical tensions esca...
Falls toward 1.3400 near 50-day EMA
GBP/USD extends its losses for the second successive session, trading around 1.3420 during the Asian hours on Monday. The technical analysis of the daily chart indicates that the 14-day Relative Stren...
Gold price in India: Rates on January 5
Gold prices rose in India on Monday, according to data compiled by FXStreet. The price for Gold stood at 12,810.76 Indian Rupees (INR) per gram, up compared with the INR 12,596.41 it cost on Friday. T...
Gold price in Malaysia: Rates on January 5
Gold prices rose in Malaysia on Monday, according to data compiled by FXStreet. The price for Gold stood at 577.34 Malaysian Ringgits (MYR) per gram, up compared with the MYR 567.63 it cost on Friday....
EUR/JPY softens to near 183.50 as Venezuela crisis strengthens safe-haven currency
The EUR/JPY cross loses ground to around 183.65 during the early European session on Monday. The Japanese Yen (JPY) strengthens against the Euro (EUR) on rising geopolitical tensions in Venezuela. The...
US Dollar Index rises above 98.50 on US-Venezuela tensions, eyes ISM PMI data
The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is extending its gains for the second successive session and trading around 98.60 during the As...
Japanese Yen hits two-week low against USD; USD/JPY surpasses 157.00
The Japanese Yen (JPY) drifts lower against a broadly firmer US Dollar (USD) for the fourth straight day and slides to a nearly two-week low during the Asian session on Monday. The Bank of Japan’...
USD/CHF rises above 0.7930 in a cautious start of the week
The USD/CHF pair trades 0.15% higher to near 0.7930 during the Asian trading session on Monday. The Swiss Franc pair gains as the US Dollar (USD) trades higher amid risk-off market sentiment, followin...
USD/CAD edges higher to near 1.3750 due to geopolitical risks
USD/CAD extends its gains for the second successive session, trading around 1.3750 during the Asian hours on Monday. The pair appreciates as the US Dollar (USD) strengthens on safe-haven demand, drive...
Australian Dollar remains weaker following China’s RatingDog Services PMI
The Australian Dollar (AUD) holds losses against the US Dollar (USD) following the release of China’s RatingDog Services Purchasing Managers’ Index (PMI) on Monday, which declined to 52.0 in December ...
Silver climbs as US attack on Venezuela boosts safe-haven demand
Silver price (XAG/USD) jumps to near $75.40 during the Asian trading hours on Monday. The white metal surges as the United States (US) attacks Venezuela, boosting the safe-haven demand. Traders will c...
BoJ’s Ueda says expected to continue raising rates if economy, prices move in line with forecast
Bank of Japan (BoJ) Governor Kazuo Ueda said on Monday that the Japanese central bank expected to continue raising interest rates if the economy and prices move in line with our forecast. Key quotes B...
NZD/USD rebounds from one-month low, keeps the red above mid-0.5700s
The NZD/USD pair rebounds from its lowest level since early December, around the 0.5725-0.5720 region, touched during the Asian session on Monday, and fills the weekly bearish gap opening. Spot prices...
China’s RatingDog Services PMI declines to 52.0 in December
China’s Services Purchasing Managers’ Index (PMI) declines to 52.0 in December from 52.1 in November, the latest data published by RatingDog showed on Monday. AUD/USD reaction to China’s S...
China RatingDog Services PMI dipped from previous 52.1 to 52 in December
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in...
U.S. oil giants bearish on Trump’s Venezuela rebound as Wall Street flags political and fiscal risks
President Donald Trump wants Venezuela’s oil machine restarted with American help, but nobody on Wall Street or in Houston thinks this will be fast or cheap. According to Bloomberg, rebuilding the cou...
US President Donald Trump warns of second strike if Venezuela fails to toe line
US President Donald Trump said that Washington might make a fresh military intervention if Venezuela’s interim president, Delcy Rodríguez, did not accommodate their demands, the Guardian reported on M...
PBOC sets USD/CNY reference rate at 7.0230 vs. 7.0288 previous
On Monday, the People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead at 7.0230 compared to Friday’s fix of 7.0288 and 6.9952 Reuters estimate. PBOC FAQs The p...
EUR/USD falls to near 1.1700 due to safe-haven demand
EUR/USD extends its losses, trading around 1.1710 during the Asian hours on Monday. The pair loses ground as the US Dollar (USD) strengthens on safe-haven demand, driven by a renewed rise in geopoliti...
WTI drifts higher above $57.00 on Venezuela turmoil
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $57.30 during the early Asian trading hours on Monday. The WTI price edges higher amid geopolitical tensions. Traders brace...
GBP/USD weakens below mid-1.3400s as USD gains on geopolitical risks
The GBP/USD pair opens with a modest bearish gap at the start of a new week and trades just below mid-1.3400s during the Asian session, down 0.10% for the day. Spot prices, however, lack follow-throug...
Japan retail selling hits decade high as investors put faith in US markets
Retail investors in Japan are dumping local stocks at the fastest pace in more than ten years while pushing fresh cash into overseas markets, according to data from Japan Exchange Group and the Invest...
Yellen flags rising fiscal dominance risk for US economy
Janet Yellen, a highly influential American economist and policymaker who challenged limitations by becoming the first woman to serve as the Fed chair, released a statement on Sunday, January 4, notin...
US urges oil giants to invest in Venezuela to recover expropriated assets
In recent weeks, the White House and the State Department have informed US oil executives that to receive compensation for assets seized by Venezuela two decades ago, they would need to return quickly...
Gold jumps above $4,350 on US-Venezuela tensions
Gold price (XAU/USD) climbs to around $4,370 during the early Asian trading hours on Monday. The precious metal extends its upside amid a renewed surge in geopolitical risk after the United StatesR...
Australia Dollar weakens below 0.6700 following US capture of Venezuela’s Maduro
The AUD/USD price attracts some sellers near 0.6685 during the early Asian session on Monday. A fresh surge in geopolitical risk after the United States (US) capture of Venezuelan President Nicolas Ma...