Date Archives

Month: July 2024

Silver Price Trends at $27.80 with Central Bank

July 30, 2024

Silver prices hover near $28 as central bank decisions approach FUNDAMENTAL OVERVIEW: Silver prices remained subdued for a second day, hovering near $27.80 per ounce...

NZD/USD Bearish Momentum Persists – Capital Street FX

July 22, 2024

NZD/USD drops to its lowest level since May 14, with bears anticipating a sustained move below the 0.6000 mark FUNDAMENTAL OVERVIEW: The NZD/USD pair attracts...

US Dollar Index Rises to 104.30 Amid US Political Uncertainty

July 19, 2024

The US Dollar Index rises to approximately 104.30 as political uncertainty in the US dampens market sentiment The US Dollar Index (DXY), which measures the...

USD/CAD Steady at 1.3700, Awaits Canadian Retail Sales

July 19, 2024

USD/CAD remains steady around 1.3700, awaiting Canadian Retail Sales data and Fedspeak for direction FUNDAMENTAL OVERVIEW: The USD/CAD pair fluctuated between modest gains and minor...

Gold Retreats After Strong US Retail Sales Data for June

July 16, 2024

Gold retreats following the release of US retail sales data. FUNDAMENTAL OVERVIEW: Gold (XAU/USD) pulls back some early gains on Tuesday, trading in the $2,430s...

Sharp Decline in Natural Gas Prices Amid Weak Chinese Growth

July 15, 2024

Natural Gas plunges sharply on Monday amid China’s decelerating growth Natural Gas prices (XNG/USD) decline amid a combination of bearish factors: China’s GDP falling to...

NZD/USD Slides to 0.6100 with Weak NZ PSI and Rising US Risk Aversion

July 15, 2024

NZD/USD declines towards 0.6100 amid subdued Business NZ PSI data and increased risk aversion FUNDAMENTAL OVERVIEW: During Monday’s Asian session, NZD/USD declined to near 0.6100,...

US CPI Data Indicates Lower Inflation, Boosting Gold Prices

July 11, 2024

Gold prices climb following the release of U.S. CPI data indicating a continued moderation in inflation FUNDAMENTAL OVERVIEW: Gold (XAU/USD) is trading above the $2,400...

Oil Prices Drop to $81 with Gulf Ports Resuming Operations

July 9, 2024

WTI extends its decline to $81 as oil shipping ports near the Gulf of Mexico resume operations. FUNDAMENTAL OVERVIEW: In Tuesday’s early American session, West...

USD/CAD Slips Below 1.3610 Ahead of Crucial Job Reports

July 5, 2024

USD/CAD declines approaching 1.3600 ahead of upcoming employment data FUNDAMENTAL OVERVIEW: USD/CAD continues its decline for the fourth consecutive session, hovering near 1.3610 in early...

Dollar Weakness Lifts Pound and Euro Amid Election Focus

July 4, 2024

Dollar weakness boosts the pound and euro, with elections in focus. The pound and euro gained against the dollar after weak U.S. economic data pushed...

WTI Crude Oil Price Dips Below $83, Geopolitical Tensions Offer Support

July 4, 2024

WTI trades with modest losses below the $83.00 mark, though the downside potential appears limited. FUNDAMENTAL OVERVIEW: West Texas Intermediate (WTI) US crude oil prices...

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Month: July 2024

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