Daily market news

forex Forex
17:00 - 15.05.2024
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GBP/USD Price Analysis: Peaks at five-week high, fails to challenge 1.2700

The Pound Sterling advanced some 0.30% and hit a five-week high of 1.2670 following the release of the US Consumer Price Index (CPI).

forex Forex
15:00 - 15.05.2024
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EUR/USD posts fresh monthly on soft US Inflation and weak Retail Sales data

EUR/USD refreshes monthly high near 1.0870 in Wednesday’s early New York session.

forex Forex
14:00 - 15.05.2024
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AUD/USD Price Analysis: Aussie runs into tough medium-term resistance at 0.6650

AUD/USD has reached key long-term resistance at around 0.6650 and has stalled.

forex Forex
13:00 - 15.05.2024
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USD/JPY slumps to 155.50 as US Dollar extends losing streak ahead of US CPI

The USD/JPY pair drops sharply to 155.50 in Wednesday’s European session.

commodities Commodities
11:00 - 15.05.2024
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Silver Price Forecast: XAG/USD stays on sidelines around $28.60 ahead of US Inflation data

Silver price (XAG/USD) trades in a confined range around $28.60 in Wednesday’s European session.

forex Forex
09:00 - 15.05.2024
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USD/CHF extends losses to near 0.9050 ahead of US inflation data

USD/CHF edges lower for the second successive session, trading around 0.9060 during the Asian hours on Wednesday.

forex Forex
08:00 - 15.05.2024
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NZD/USD attracts some buyers above 0.6060, focus on US PPI and CPI data

The NZD/USD pair gains traction near 0.6055 on Wednesday during the early European trading hours.

06:00 - 15.05.2024
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WTI edges higher to near $78.50 due to drawdown in US inventories, Canada wildfires

West Texas Intermediate (WTI) crude Oil price retraces its recent losses, trading around $78.30 per barrel during Wednesday's Asian session.

forex Forex
04:00 - 15.05.2024
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EUR/USD holds above 1.0800 ahead of Eurozone GDP, according to US CPI data

The EUR/USD pair trades with a bullish bias around 1.0815 during the early Asian trading hours on Wednesday.

forex Forex
02:00 - 15.05.2024
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GBP/USD consolidates its gains above 1.2580, all eyes on US CPI data

The GBP/USD pair consolidates its gains around 1.2590 during the early Asian session on Wednesday.

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