Silver bulls seeking a break from daily support

XAG/USD was ending on the bid on Thursday but was unable to break above the R1 pivot and 4-hour resistance in reaching a high of $28.00. With that bei

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US Data Mixed – Weekly Claims and the Philly Fed.

EURUSD, H1 The Dollar was little changed following the key US data today, which saw initial claims fall more than expected, 444,000 versus expectations of 453,000, for another pandemic era…

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Midweek Market Podcast – May 19

The USD plunged to new 3-mth lows, gold tested January highs, equity markets slipped and Crypto’s got a double whammy. HotForex · Midweek Market Podcast – May 19 The Market…

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AUD/USD Rises with Iron Ore as Westpac Consumer Confidence Looms

The Australian Dollar is gaining against the US Dollar as rising iron ore helps boost the Aussie Dollar. Westpac Consumer Confidence is in focus.

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Silver Price Analysis: XAG/USD steps back from weekly hurdle above $27.00

Silver reverses the early Asian session gains, recently declining to $27.40, amid early Monday. In doing so, the white metal takes a U-turn from a dow

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Forexlive Americas FX news wrap: USD weakest of the majors today after retail sales disappoint

Forex news for North American trading on May 14, 2021 The week is ending with the USD as the weakest of the major currencies today. The NZD was the strongest.  

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Is it metals’ year after all?

Precious and industrial metals are in extending mode of their recent or even all-time highs so far in 2021, on the back of  commodity super-cycle optimism. Base metal prices have…

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Gold Price Aanlysis: XAU/USD drifts in $1,800s, awaits NFP showdown

Gold prices were well and truly bid on Thursday as the US dollar took a trip to the downside. XAU/USD had added some 1.57% by the close of play on…

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Midweek Market Podcast – May 5

The first week of the new month brings about some ‘high’ rated risk events, with the Bank of England meeting and Non-Farm Payrolls at the center. Overall, pressure on central…

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ForexLive Americas FX news wrap: US dollar rebounds and risk aversion picks up

Forex news for North American trade on April 30, 2021: Markets: The US dollar was strong particularly against the euro, sterling and antipodeans. Consider this a bit of a ‘choose…

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