Daily market news

04:00 - 20.05.2024
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WTI extends gains to near $79.70 after PBoC keeps interest rates steady

West Texas Intermediate (WTI) Oil price continues to gain ground after an interest rate decision from China, trading around $79.70 per barrel during the Asian session on Monday.

forex Forex
02:00 - 20.05.2024
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EUR/USD gains ground above 1.0850, focus on Fedspeak

The EUR/USD pair trades on a stronger note around 1.0875 on Monday during the early Asian trading hours.

forex Forex
18:00 - 17.05.2024
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GBP/USD Price Analysis: Rallies toward 1.2700, bulls’ target YTD high

The British Pound registers gains of 0.21% against the US Dollar, although higher US Treasury yields failed to underpin the Greenback.

commodities Commodities
17:00 - 17.05.2024
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Silver Price Forecast: XAG/USD posts fresh multi-year high at $30.50 on firm Fed rate-cut prospects

Silver price (XAG/USD) refreshes multi-year high at $30.50 in Friday’s New York session.

forex Forex
16:00 - 17.05.2024
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EUR/USD falls sharply as Fed officials maintain hawkish gudaince on interest rates

EUR/USD drops to 1.0840 in Friday’s European session as market sentiment over upcoming interest-rate cuts turns slightly cautious after Federal Reserve (Fed) policymakers supported keeping the monetary policy stance restrictive for a longer period.

forex Forex
15:00 - 17.05.2024
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EUR/GBP Price Analysis: Finds support from two major Moving Averages

EUR/GBP has continued falling within a multi-month range that began in January 2024.

forex Forex
14:00 - 17.05.2024
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USD/JPY recovers to 156.00 as US Dollar bounces back

The USD/JPY pair extends its recovery to 156.00 in Friday’s European session.

forex Forex
13:00 - 17.05.2024
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AUD/USD Price Analysis: Aussie pulling back within an uptrend

AUD/USD reached a key upside target on May 16 and has retraced.

forex Forex
11:00 - 17.05.2024
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USD/CHF advances toward 0.9100 due to lower Swiss Industrial Production

USD/CHF extends its gains for the second day, trading around 0.9080 during the early European hours on Friday.

forex Forex
09:00 - 17.05.2024
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EUR/JPY Price Analysis: Extends its upside, the next hurdle is seen at 169.40

The EUR/JPY cross extends the rally around 169.20 during the early European trading hours on Friday.

OANDA's pick for the day

10:00 - 22.03.2024
EUR/USD tests 200-day average with key Central bank speakers waiting in the wings
09:00 - 22.03.2024
Gold Price Forecast: XAU/USD current rally could be the start of something more sustainable – ANZ
22:00 - 21.03.2024
Silver Price Analysis: XAG/USD tumbles as bearish engulfing pattern looms
16:00 - 21.03.2024
Gold Price Forecast: XAU/USD bullish support remains resolute this year – MUFG
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