• Blog
  • May 29, 2024
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Silver Price Analysis: XAG/USD tumbles below $32.00 as ‘double top’ looms

Silver prices posted modest losses of 0.32% on Wednesday as US Treasury bond yields edged up, downward pressure on precious metals.

  • Blog
  • May 29, 2024
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United States MBA Mortgage Applications fell from previous 1.9% to -5.7% in May 24

United States MBA Mortgage Applications fell from previous 1.9% to -5.7% in May 24

  • Blog
  • May 29, 2024
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AUD/JPY weakens below 104.50 as BoJ’s Adachi emphasizes reducing bond buying

AUD/JPY halted its three-day winning streak, trading around 104.30 during the European session on Wednesday.

  • Blog
  • May 29, 2024
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Oil posts fresh monthly high, extending gains for fourth consecutive day

Oil prices extend their rally for a fourth consecutive day on Wednesday with tensions building up towards the OPEC+ meeting at the beginning of June.

  • Blog
  • May 29, 2024
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Gold price resumes downside as traders turn cautious ahead of US core PCE inflation

Gold price (XAU/USD) falls sharply to near $2,340 in Wednesday’s European session.

  • Blog
  • May 29, 2024
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New Zealand Dollar moves below 0.6150 ahead of Fed’s Beige Book

NZD/USD extended losses for the second successive session, trading around 0.6140 during the European hours on Wednesday.

  • Blog
  • May 29, 2024
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Swiss Market Index Elliott Wave technical analysis [Video]

Swiss Market Index Elliott Wave Analysis Trading Lounge Day Chart.

  • Blog
  • May 29, 2024
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Pound Sterling edges down as US core PCE inflation data comes into picture

The Pound Sterling (GBP) corrects to 1.2750 against the US Dollar (USD) in Wednesday’s London session after posting a fresh 10-week high at 1.2800 on Tuesday.

  • Blog
  • May 29, 2024
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Italy Trade Balance non-EU down to €4.907B in April from previous €5.603B

Italy Trade Balance non-EU down to €4.907B in April from previous €5.603B

  • Blog
  • May 29, 2024
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EUR/USD slumps as US Dollar extends recovery after Fed rate-cut bets fade

EUR/USD falls to 1.0830 in Wednesday’s European session after failing to recapture a two-month high near 1.0900 on Tuesday.

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