Crude Oil Prices Slip Again As Higher-For-Longer Rate Prospects Dent Supply Hopes

Monetary policy questions are trumping geopolitics in the energy market

from DailyFX – Market News https://ift.tt/j7FkQx6
via IFTTT

USD/JPY Latest: Trilateral Meeting Hints at Co-ordinated Intervention Effort

A trilateral meeting between Japan, Korea and the US focused on FX volatility has offered up the possibility of a coordinated effort to strengthen the Asian currencies

from DailyFX – Market News https://ift.tt/2tL8sKa
via IFTTT

Gold (XAU/USD) Price Holds Steady Amid Pause in Middle East Tensions

The precious metal is getting a small bid from a slightly weaker US dollar and fears that Iran’s recent drone and missile attack will soon spark retaliatory action from Israel.

from DailyFX – Market News https://ift.tt/pejq7AH
via IFTTT

USDZAR Price Forecast: Rand Remains Steady after Local CPI Inflation

While inflation is moderating, rates appear unlikely to ease in the first half of 2024

from DailyFX – Market News https://ift.tt/k8XzuCS
via IFTTT

US Dollar Still on Bullish Path; Setups on EUR/USD, GBP/USD, USD/JPY, USD/CAD

This article examines the technical outlook for EUR/USD, GBP/USD, USD/JPY and USD/CAD, dissecting major price thresholds that traders should keep an eye on as potential support or resistance levels in the coming trading sessions.

from DailyFX – Market News https://ift.tt/5RMjkze
via IFTTT