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Forex Markets

XAUUSD

Gold prices fell in India, with the price per gram dropping to 8,409.45 INR from 8,447.88 INR. The decline is attributed to modest US Dollar strength, ongoing geopolitical tensions, and potential Federal Reserve interest rate cuts. Factors influencing gold prices include global conflicts, trade policy uncertainties, and expectations of monetary policy changes.

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March 21, 2025 | 5:00 am

XAUUSD

Gold prices experienced a downturn in Pakistan, falling to 27,292.62 PKR per gram. The decline is attributed to modest US Dollar strength, ongoing geopolitical conflicts, and potential Federal Reserve policy adjustments. Investors are monitoring global events including trade tensions, conflicts in Ukraine and Israel, and anticipated Fed rate cuts.

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March 21, 2025 | 5:00 am

XAUUSD

Gold price experiences modest decline during Asian trading session, influenced by a slight uptick in USD strength. Despite short-term pressures, multiple factors like potential Fed rate cuts, geopolitical risks, and trade uncertainties are expected to provide underlying support for gold prices.

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March 21, 2025 | 4:30 am

FXB

The GBP/USD currency pair is experiencing volatility following the Bank of England's decision to hold interest rates steady. The pair is trading around 1.2960, influenced by Federal Reserve policy, potential US trade tariffs, and geopolitical tensions. BoE Governor Andrew Bailey highlighted significant economic uncertainty, with one MPC member dissenting and voting for a rate cut.

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March 21, 2025 | 4:00 am

UUP

The GBP/USD currency pair is trading in a narrow range around 1.2960 during the Asian session, maintaining its position near a multi-month peak established on Thursday above the 1.3000 psychological level. The pair's movement continues to be influenced by US Dollar price dynamics.

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March 21, 2025 | 3:00 am

UUP

The USD/JPY currency pair is experiencing technical challenges near the 150.00 resistance zone, with bearish trend lines and moving average indicators suggesting potential downward pressure. The pair has recently fluctuated between 146.50 and 150.15, with key support and resistance levels identified.

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March 21, 2025 | 3:00 am

UUP

The USD/INR pair is trading near a seven-week low around 86.20-86.30, influenced by rising geopolitical tensions, oil prices, and potential shifts in US monetary policy. The Indian Rupee remains resilient despite external pressures, with the Reserve Bank of India maintaining an accommodative stance.

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March 21, 2025 | 3:00 am

N/A

The AUDNZD currency pair has reversed from a critical support zone at 1.0930, indicating potential upward momentum. Technical analysis suggests a possible Morning Star candlestick pattern forming, with expectations of rising to resistance level 1.0985.

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March 21, 2025 | 2:30 am

FXA

The Australian Dollar (AUD/USD) is experiencing significant downward pressure due to multiple factors: rising US Dollar strength, safe-haven demand, US tariff concerns, and disappointing economic indicators. Fed Chair Powell acknowledged tariff complexities, while weak US manufacturing data and Australian jobs report contribute to market uncertainty.

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March 21, 2025 | 1:15 am

XAGUSD

Silver prices have consolidated below $34, experiencing a 0.68% decline due to US Dollar strength. Technical analysis suggests potential for price recovery if key resistance levels are breached, while downside risks remain if support levels are broken.

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March 21, 2025 | 12:15 am