The USD/CAD is stabilized before the publication of the PMI of services of the American ISM planned for later in the day. The CAD, linked to raw materials, remains under pressure due to the weakening of the WTI price. The operators are cautious about the growing concerns about the independence of the Fed. The USD/CAD […]
The USD/INR yields important initial profits due to RBI intervention
The Indian rupee yields most of the initial profits against the US dollar for the intervention of the RBI. The president of the USA, Trump, threatens to increase tariffs on India imports. India firmly responded to Trump’s tariff threats, stating that the nation will take all measures to protect its national interest. The Indian rupee […]
EUR/CAD PRESECTION OF THE PRICE: A Crucial barrier arises up to 1.6000
The EUR/CAD goes back to about 1,5925 in the early hours of the European session on Tuesday. The bullish perspective of the crossing remains intact above the 100 -day EMA, but greater consolidation seems favorable. The immediate resistance level arises in 1.6000; The first level of support to monitor is 1,5888. The EUR/CAD cross loses […]
Crude oil price today: WTI neutral in European opening
The price of oil West Texas Intermediate (WTI) is neutral on Tuesday, at the beginning of the European session. WTI quote at $ 65.66 per barrel, not far from its closing on Monday at $ 65.66. The Brent oil exchange rate (Brent crude oil), however, advances from its previous closure at $ 68.52 to quote […]
EUR/GBP Low to about 0.8700, the BOE policy takes the center of the stage
The EUR/GBP operates containing around 0.8700, while the attention focuses on the monetary policy of the BOE on Thursday. The BOE is expected to reduce interest rates at 25 basic points to 4%. Investor confidence in the Eurozone has decreased significantly in August. The EUR/GBP pair lowers slightly close to the round level of 0.8700 […]
The USD/CHF is strengthened about 0.8100 in the midst of commercial tensions between the US and Switzerland
The USD/CHF gains strength around 0.8090 in the early European session on Tuesday. Swiss products face an import tariff of 39% in the US from August 7, which weighs on the Swiss Franco. The weak Non -Agricultural Payroll (NFP) reports of the US fed speculation that the Fed will resume fees in September. The USD/CHF […]
Price of gold in Saudi Arabia today: gold falls, according to FXSTERET data
Gold prices fell in Saudi Arabia on Tuesday, according to data collected by FXSTERET. The price of gold stood at 406.53 Saudi Riyales (SAR) per gram, a decrease compared to the 406.95 SAR that cost on Monday. The price of gold decreased to 4,741.68 SAR per Tola from 4,746.53 SAR per tola of the previous […]
Price of gold in the Philippines today: Gold is stabilized, according to FXSTERET data
Gold prices were practically unchanged in the Philippines on Tuesday, according to data collected by FXSTERET. The price of gold stood at 6,235.35 Filipinos pesos (PHP) per gram, practically stable compared to 6,238.57 pHP that cost on Monday. The price of gold remained practically stable at 72,731.60 PHP per Tola from 72,765.41 php per tola […]
Price of gold in the United Arab Emirates today: Gold is stabilized, according to FXSTERET data
Gold prices were practically unchanged in the United Arab Emirates on Tuesday, according to data collected by FXSTERET. The price of gold stood at 398.08 Dirhams of the United Arab Emirates (AED) per gram, practically stable compared to the 398.35 AED that cost on Monday. The price of gold remained practically stable at 4,643.12 AED […]
Aud/JPY price forecast: Bears expect acceptance below 95.00; 200 -day SMA break at stake
The AUD/JPY struggles to attract buyers and seems vulnerable to extending the recent corrective decline. Acceptance below the negotiation range support and 200 -day SMA validates the negative perspective. Any attempt at recovery could be seen as a sales opportunity and it is likely to remain limited. The Aud/JPY crossing fights to capitalize on its […]