Forex News
Latest news from Forex market.
Gold (XAUUSD) Price Forecast: 50-Day MA Break Opens Door to $3,245
Gold drops 1.6% to $3,274 as U.S.-China trade deal kills safe-haven demand. Technical breakdown below 50-day MA at $3,323.80 signals more downside ahead.
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Wells Fargo: Don't Write-Off the Dollar, End-2026 EUR/USD Forecast 1.12
The Euro to Dollar exchange rate (EUR/USD) strengthened to 44-month highs around 1.1640 this week before settling just above 1.1600. Wells Fargo does see scope for limited dollar losses over the second half of 2025, but only sees EUR/USD gains to 1.17.
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Dollar Outflows Liable to Accelerate, End-2025 EUR/USD Forecast 1.20
The Euro to Dollar exchange rate (EUR/USD) has hit 45-month highs around 1.1740 this week before consolidating above 1.1700. Nordea expects further dollar selling over the next few months and the bank has raised its end-2025 EUR/USD forecast sharply to 1.20 from 1.14 previously.
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Silver Price Forecast: XAG/USD dips below $36.20 after bearish reversal, US yields rebound
Silver price sinks more than 1% on Friday, ahead of the weekend, after refreshing a five-day high of $36.83, ahead of $37.00. At the time of writing, XAG/USD trades at $36.16 due to a slight recovery in the US Dollar and rising US Treasury yields.
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Gold (XAU/USD) Price Forecast: Drops Below 50-Day MA, Bearish Pressure Builds
Gold broke below key support levels on Friday, confirming a bearish weekly signal and pointing to potential for further weakness if $3,245 is breached.
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EUR/USD slips below 1.1700 as core PCE tops estimates, Eurozone data mixed
The EUR/USD retreats from yearly highs above 1.1750, tumbling below 1.1700 despite market participants being convinced that the Federal Reserve (Fed) will cut rates at the September meeting. A mixed inflation report in the United States (US) and optimism among American consumers exerted downward pressure on the pair.
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Gold tanks as China deal and Mideast diplomacy spark market euphoria
Gold price tumbled over 1.50% on Friday amid an improvement in risk appetite, driven by several factors. The de-escalation of the Israel–Iran conflict, the trade agreement with China, and ongoing negotiations between the United States (US) and its peers to reach commercial deals were welcomed by investors, who had previously sought refuge in Bullion's safe-haven demand.
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AUD/USD retreats from YTD highs as risk sentiment steadies, US Dollar firms
The Australian Dollar (AUD) is pulling back from weekly highs against the US Dollar (USD) on Friday.
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United States CFTC Gold NC Net Positions declined to $195K from previous $200.6K
United States CFTC Gold NC Net Positions declined to $195K from previous $200.6K
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NZD/USD holds below YTD peak, capped in rising wedge pattern
NZD/USD struggles to extend its recent advance on Friday, hovering near 0.6045 after an intraday high of 0.6079. The pair remains trapped inside a rising wedge formation, typically a bearish signal, as the broadly weak US Dollar steadies.
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Gold (XAUUSD), Silver, Platinum Forecasts – Gold Retreats As Demand For Safe-Haven Assets Falls
Platinum is down by more than 5% on profit-taking.
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Will Silver Break $50 In The Second Half of 2025?
As we enter the second half of 2025, the writing is on the wall: the greatest wealth transfer in history is underway.
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Gold's Huge Monthly Reversal in the Making
The USD Index's cyclical (monthly) turning point is just around the corner.
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EUR/USD hits multi-year highs as USD struggles despite hotter PCE print
The Euro (EUR) climbs for an eighth consecutive day against the US Dollar (USD) on Friday, as the Greenback remains under pressure amid a combination of political and economic headwinds. Renewed criticism of Federal Reserve (Fed) Chair Jerome Powell by US President Donald Trump, easing geopolitical tensions, and a string of mixed US economic data are fueling expectations of a Fed interest rate cut, which is weighing on the US Dollar.
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U.S. Dollar Is Under Pressure: Analysis For EUR/USD, GBP/USD, USD/CAD, USD/JPY
The American currency is losing ground as traders stay focused on potential rate cuts from the Fed.
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Platinum – an overlooked metal that is rallying
Platinum is staging a quiet rally, driven by rising demand in autos and jewelry, supply shortages, and investor interest. Can it continue rallying?
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Pound Sterling Price News and Forecast: GBP/USD dips from 1.3770 high as US PCE, sentiment data lift Dollar
The GBP/USD retreats by over 0.10% after hitting a near four-year high of 1.3770 on Thursday, dipping to 1.3700 as the US Dollar recovers some ground following the release of the US Core Personal Consumption Expenditures (PCE) Price Index for May. This, along with an improvement in Consumer sentiment among US households, provides a lifeline to the buck.
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USD/JPY edges higher as US core PCE rises and risk-on sentiment reduces demand for the Yen
The Japanese Yen (JPY) is weakening against the US Dollar (USD) on Friday as markets weighed fresh inflation figures and a shift in risk appetite.
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GBP/USD dips from 1.3770 high as US PCE, sentiment data lift Dollar
The GBP/USD retreats by over 0.10% after hitting a near four-year high of 1.3770 on Thursday, dipping to 1.3700 as the US Dollar recovers some ground following the release of the US Core Personal Consumption Expenditures (PCE) Price Index for May. This, along with an improvement in Consumer sentiment among US households, provides a lifeline to the buck.
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