Gold Price Forecast: XAU/USD drifts lower to near $2,600 amid thin trading

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Gold price edges lower to $2,600 in Tuesday’s early Asian session. The Fed’s cautious stance might drag the precious metal lower.  Uncertainty and geopolitical tensions could boost Gold price, a traditional safe-haven asset. The Gold price (XAU/USD) attracts some sellers to near $2,600 during the early Asian section on Tuesday. Traders await fresh catalysts, including […]

South Korean December headline inflation comes in hotter than expected | Forexlive

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South Korean inflation data for December 2024 Headline CPI +1.9% y/y, the most rapid rise in 4 months expected +1.7%, prior +1.5% Headline CPI +0.4% m/m expected +0.2%, prior -0.3% Core +1.8% y/y prior +1.9% For the year 2024 inflation came in at +2.3% y/y 2023 was +3.6% This article was written by Eamonn Sheridan […]

Dow Jones drops 300 points during holiday pullback

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The Dow Jones shed 300 points on Monday as investors recoil at the year-end. The broad-market tech rally that bolstered indexes to record highs in 2024 looks set to evaporate. Most investors are sitting on the sidelines ahead of the midweek holiday closure. The Dow Jones Industrial Average (DJIA) shed over 300 points on Monday, […]

US net immigration set to slow in the coming years — Goldman Sachs | Forexlive

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One of the global secular trends unfolding right now is an anti-immigration streak in politics. It’s winning elections and that looks set to continue in Germany and Canada in 2025, among elsewhere. For the US, Goldman Sachs notes that net US immigration has already fallen from 3 million in 2023 to a 1.75 million pace […]

United States Dallas Fed Manufacturing Business Index: 3.4 (December) vs -2.7

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Meet the Power Players of FOMC 2025: Their Next Moves Could Make or Break Your Portfolio | Forexlive

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FOMC 2025: The Key Players and Hidden Signals Every Investor Needs to Know As the Federal Reserve prepares for a critical year of decision-making, the 2025 Federal Open Market Committee (FOMC) lineup has the potential to shape markets in significant ways. A mix of fresh perspectives and steady voices raises both questions and opportunities for […]

Dollar edges lower as yields slips; hefty annual gain likely By Investing.com

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Investing.com – The US dollar slipped slightly Monday, as US bond yields retreated, but remained near recent highs as the end of the year draws near. At 04:5 ET (09:55 GMT), the Dollar Index, which tracks the greenback against a basket of six other currencies, traded 0.1% lower to 107.690. However, the index was still […]

Pound Sterling rebounds even though BoE dovish bets rise slightly

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The Pound Sterling bounces slightly against its major peers despite market experts seeing more interest rate cuts by the BoE in 2025 compared to market pricing. Goldman Sachs sees the BoE reducing interest rates in each quarter of the next year. The US Dollar flattens in illiquid trading conditions before New Year celebrations. The Pound Sterling (GBP) […]

Turkish lira sinks following Erdogan’s interest rate remarks By Investing.com

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Investing.com — The Turkish lira has been noted as the poorest performer among emerging-market currencies on Monday. This comes in response to President Recep Tayyip Erdogan’s recent comments on interest rates, which have sparked concerns about a potential return to his past unconventional monetary policies. The lira experienced a 0.6% drop against the dollar, which […]

487: Trading Daily Charts Consistently for Over 25 Years – Peter Varcoe

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Listen to the audio episode: Get The Complete Price Action Strategy Checklist! Trading Daily Charts Consistently for Over 25 Years In episode 487 of the Desire To Trade Podcast, we will be listening to the recording of an interview with Peter Varcoe, who shares how he has been consistently trading daily charts for over 25 […]

ECB’s Knot says there is a serious chance of a trade war happening | Forexlive

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High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not […]

Silver Price Forecast: XAG/USD bounces back to near $29.50 due to increased risk aversion

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Silver prices appreciate as traders adopt caution ahead of the incoming Trump administration. The non-yielding Silver may face challenges due to a hawkish outlook for the Fed’s interest rates in 2025. The safe-haven Silver received support as Israeli forces carried out attacks on two hospitals in northern Gaza on Sunday. Silver price (XAG/USD) recovers its […]