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Bank of Japan Keeps Interest Rate at 0.5% With 7–2 Vote

The Bank of Japan (BoJ) decided on Friday to keep its short-term interest rate unchanged at 0.5% after wrapping up its two-day policy...

Technical analysis

Technical Analysis of Gold Price (XAU/USD)

Gold prices moved close to a new all-time high at $3,708 per ounce following the announcement of a U.S. interest rate cut. The...

Technical analysis

Gold Price Forecast: Bulls Eye $3,700 as Fed Cut and Geopolitical Risks Bolster Demand

Gold extended its upward trajectory on Thursday, edging toward the $3,670 per ounce zone amid a softer US Dollar and a pullback in...

Technical analysis

EUR/USD Price Forecast: Dollar Strength Pressures the Euro After US Data Boost

The EUR/USD pair slipped below 1.1800 in Thursday’s US session as traders continued to assess the Federal Reserve’s latest policy decision and incoming...

News

Euro Weakens for Second Session as Dollar Recovers on Fed Outlook and Strong US Data

The Euro remains under pressure against the US Dollar on Thursday, with EUR/USD sliding for a second consecutive day. At the time of...

Technical analysis

Markets Expect More Fed Cuts in 2025, Supporting GBP/USD and Gold

The Federal Reserve cut rates by 0.25% as widely expected, lowering the federal funds target range to 4.00–4.25%. However, the real market-moving factor...

Technical analysis

Trading Recommendations and Analysis for GBP/USD on September 17: Pound Sterling Gains Ahead of Fed and BoE Decisions

The GBP/USD pair continued to rise on Tuesday, though with less strength compared to EUR/USD. The hourly chart confirms that the uptrend remains...

Technical analysis

Trading Recommendations and Analysis for EUR/USD on September 17: Another Euro Upswing

The EUR/USD pair extended its rally on Tuesday, showing stronger gains compared to the previous sessions. Interestingly, the move was not driven by...

Technical analysis

Gold Price Forecast: XAU/USD Braces for Fed Decision and Powell’s Guidance

Gold prices are easing from record highs above $3,700 as traders shift focus to the highly anticipated US Federal Reserve (Fed) decision later...

Technical analysis

Australian Dollar Holds Steady Despite Pressure from US Dollar Strength

The Australian Dollar (AUD) eased slightly against the US Dollar (USD) on Wednesday after two straight days of gains. However, downside pressure remains...