Thursday, May 8, 2025

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Gold surrenders major part of intraday gains; downside potential seems limited

Gold price is finding it difficult to maintain upward momentum after briefly exceeding the $3,400 level. The Federal Reserve's recent hawkish stance is providing...

USD/INR holds ground US Dollar recovers daily losses, eyes on India-Pakistan situation

The Indian Rupee demonstrates resilience amid volatility, potentially influenced by Reserve Bank of India (RBI) actions.Federal Reserve's assessment of inflation and unemployment risks...

NZD/USD trades higher near 0.5950 ahead of potential US-China trade talks

The New Zealand Dollar versus the US Dollar (NZD/USD) is experiencing a rebound, fueled by growing optimism regarding a possible reduction in trade...

Silver Price Forecast: XAG/USD remains close to bullish flag hurdle near $33.20 area

Silver regains positive traction following the previous day’s pullback from over one-week high.The technical setup favors bullish traders and supports prospects for further...

Gold sticks to intraday gains near $3,400 amid trade-related uncertainties

Gold price regains positive traction as trade-related uncertainties boost safe-haven assets. The USD struggles to attract...

WTI rises above $58.00, trade uncertainty caps gains

```html WTI price gains ground due to a decline in US crude inventories.Oil prices may lose ground due to lingering uncertainty surrounding US-China trade...

USD/CAD trades with negative bias above 1.3800 amid uptick in Oil prices, weaker USD

USD/CAD is drawing renewed selling interest on Thursday, facing downward pressure from a confluence of factors.Despite the Federal Reserve's hawkish pause announced Wednesday,...

Gold jumps back above $3,400 amid reviving safe-haven demand

Gold price demonstrates renewed upward momentum as geopolitical and trade uncertainties bolster demand for safe-haven assets.The US Dollar struggles to attract significant buying...

BoJ’s Ueda: Mindful of impact of the rising food prices on underlying inflation

Bank of Japan (BoJ) Governor Kazuo Ueda stated on Thursday that he is "mindful of the impact of the rising food prices on...

US Presi. Trump: Big news conference Thursday morning concerning a major trade deal

During Thursday's Asian trading session, former US President Donald Trump announced an upcoming press conference, stating: "a big news conference (Thursday) tomorrow morning...

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