Platinum and Palladium prices came under pressure yesterday and reversed most of the gains from the previous day. The price decline occurred much earlier than for Gold and was certainly not related to this.
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The British Pound (GBP) is treading water against the US Dollar (USD) on Friday, as the Sterling comes under renewed pressure amid lingering fiscal concerns.
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The USD/CAD pair oscillated in a narrow band during the Asian session on Friday and remains close to a nearly three-week low touched the previous day. Spot prices currently trade around the 1.3575 area, nearly unchanged for the day amid mixed cues.
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West Texas Intermediate (WTI) Oil price extends its losses for the second successive session, trading around $66.10 per barrel during the Asian hours on Friday.
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Salesforce released its fiscal first-quarter 2026 earnings. Learn about its earnings report, financial performance and what analysts forecast for the stock
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NZD/USD remains subdued for the third successive session, trading around 0.6070 during the Asian hours on Friday.
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Gold (XAU/USD) is trading higher on Friday as news about United States (US) President Donald Trump’s passage of the “Big, Beautiful, Bill” filters through markets. With markets closed in the US in celebration of Independence Day, XAU/USD is trading above $3,330 at the time of writing.
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Following the Fed meeting in June, the US dollar continues to face headwinds, while US stock indices have hit new all-time highs. This week, market participants will review the minutes of the Fed’s June meeting to better assess the prospects for the US central bank’s monetary policy. Additionally, in the upcoming week of 07.07.2025–13.07.2025, market participants will focus on the release of crucial macroeconomic statistics from the Eurozone, the US, China, Germany, Canada, as well as on the results of the meetings of the central banks of Australia and New Zealand. Note: During the coming week, new events may be added to… Read full author’s opinion and review in blog of #LiteFinance
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The Euro (EUR) is holding modest gains against the US Dollar (USD) in thin trading conditions on Friday. With US markets closed in observance of Independence Day, liquidity is limited.
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Get the forecast for the Dow Jones Industrial Average for 2024. Read technical and fundamental analysis of DJIA. View a US30 live chart.
The post 2024 Dow Jones Index Forecast: Unveiling the Potential for Record Highs & Investment Insights appeared first at R Blog – RoboForex.
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Bank of England (BoE) rate-setter Alan Taylor noted late on Friday that downside pressures are continuing to build up underneath the UK’s economy, signaling that early rate cuts may be needed ahead of a questionable forecasting period.
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The British Pound (GBP) is treading water against the US Dollar (USD) on Friday, as the Sterling comes under renewed pressure amid lingering fiscal concerns.
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