Gold Price Forecast: XAU Consolidates Gains After Breakout Surge
A brief pullback in gold follows strong gains, with key technical levels now in focus as the market gauges the strength of the recent breakout.
Source: fxempire.com
Published (UTC): 2025-05-07 22:14:44
GBP/USD slides as Fed holds rates, flags rising inflation and growth uncertainty
GBP/USD extended its losses on Wednesday after the Federal Reserve (Fed) decided to keep interest rates unchanged as expected, with most eyes set on Fed Chair Jerome Powell's press conference. At the time of writing, the pair trades near 1.3331, down more than 0.20%.
Source: fxstreet.com
Published (UTC): 2025-05-07 20:31:33
Gold price slips as Fed holds rates, warns of heightened inflation
Gold price remains on the back foot after the Federal Reserve (Fed) kept interest rates unchanged. XAU/USD trades at $3,394, down over 1%, as traders brace for Fed Chair Jerome Powell's press conference.
Source: fxstreet.com
Published (UTC): 2025-05-07 20:24:26
AUD/USD steady at 0.6545 as Fed fails to shift rate cut expectations
The Australian Dollar was unmoved following the Federal Reserve's decision to keep rates unchanged at 4.5%, with policymakers maintaining a cautious tone on inflation and employment. While the Fed emphasized uncertainty and rising risks, it offered no clear signals on future easing, opting instead to stick with its current tightening stance and balance sheet runoff.
Source: fxstreet.com
Published (UTC): 2025-05-07 20:22:10
USD/JPY dumps after Fed warns of rising economic risks
USD/JPY took a header on Wednesday, falling to 143.00 in intraday trading after the Federal Reserve (Fed) held rates steady at 4.25-4.5%, as many investors had expected. Market bets of an impending pivot by the Fed into a rate-cutting cycle rose after Fed policymakers warned of rising economic risks.
Source: fxstreet.com
Published (UTC): 2025-05-07 20:15:26
EUR/USD jumps despite Fed rate hold as markets still see cut in July
EUR/USD churned within intraday levels after the Federal Reserve (Fed) held interest rates at 4.5% on Wednesday. Markets had broadly forecast a flat stance from the Fed for its May rate call, but the key for investors will be how much the Fed shifts its stance toward future rate cuts.
Source: fxstreet.com
Published (UTC): 2025-05-07 20:10:06
Gold price falls as US-China tariff talks ease tensions, Fed in focus
Gold prices retreated by more than 1.50% on Wednesday, driven by an improvement in risk appetite following the announcement of tariff talks between the United States (US) and China. Meanwhile, traders' focus is on the Federal Reserve's (Fed) monetary policy meeting later in the day.
Source: fxstreet.com
Published (UTC): 2025-05-07 19:49:20
Pound Sterling Price News and Forecast: GBP/USD pauses rally as traders eye Fed, BoE's decisions
The Pound Sterling (GBP) retreated after posting back-to-back days of gains versus the US Dollar (USD). Still, positive news related to a possible de-escalation of the China-US tensions lent a lifeline to the Greenback, which remains firm in early trading.
Source: fxstreet.com
Published (UTC): 2025-05-07 19:12:29
USD/JPY struggles as Fed policy decision and US-China trade talks loom
The USD/JPY pair is trading in a tight range as markets await the US Federal Reserve's (Fed) policy decision on Wednesday. Investors widely expect the central bank to keep its policy rate unchanged in the 4.25%-4.50% range for the third consecutive meeting, despite rising economic uncertainties.
Source: fxstreet.com
Published (UTC): 2025-05-07 18:45:00
U.S. Dollar Gains Ground Ahead Of Fed Decision: Analysis For EUR/USD, GBP/USD, USD/CAD, USD/JPY
Forex traders prepare for the key event of the week.
Source: fxempire.com
Published (UTC): 2025-05-07 18:42:58
RBC Forecast: Dollar Dominance has Ended, End-2026 EUR/USD Forecast 1.24
After hitting a 3-year high above 1.15 in April, the Euro to Dollar (EUR/USD) exchange rate has consolidated in a range around 1.13 over the past three weeks. RBC Capital Markets (RBC) expects a steady flow of funds away from the dollar which will benefit the Euro.
Source: exchangerates.org.uk
Published (UTC): 2025-05-07 18:30:00
Dollar's and Gold's Sentiment – What a Coherent Story!
Gold is closely watching what's going on in the USD Index, so that's what we'll focus on today.
Source: fxempire.com
Published (UTC): 2025-05-07 18:23:01
AUD/USD retreats as traders eye Powell and US-China trade talks
The Australian Dollar (AUD) is trading lower on Wednesday after failing to break above a key resistance level, with markets turning cautious ahead of expected commentary from United States (US) Federal Reserve (Fed) Chair Jerome Powell and high-level trade talks between the US and China.
Source: fxstreet.com
Published (UTC): 2025-05-07 18:18:51
Pound US Dollar Exchange Rate Forecast: GBP/USD Price Pauses as FED, BOE Ahead
Looking past the Fed rate decision to the second half of the week, movement in the Pound to US Dollar exchange rate will undoubtedly be driven by the Bank of England's (BoE) own interest rate decision. The BoE is widely expected to announce a 25bps interest rate cut when it concludes its latest meeting on Thursday afternoon.
Source: exchangerates.org.uk
Published (UTC): 2025-05-07 18:00:00
Pound Euro Exchange Rate Forecast: GBP/EUR Price Edges Lower to 1.176
Looking ahead for the near-term Pound Euro (GBP/EUR) exchange rate outlook, the highest risk will be the Bank of England interest rate decision. While markets have already factored in a 25 basis-point interest rate cut at its Thursday meeting, it's the forward guidance that could really move the needle.
Source: exchangerates.org.uk
Published (UTC): 2025-05-07 18:00:00
GBP/NZD Forecast: Pound Firms vs Kiwi Dollar despite New Zealand Jobs Beat
Looking ahead, the Pound New Zealand Dollar exchange rate will likely be influenced by the Bank of England's upcoming interest rate decision. As a 25 basis-point interest rate cut is almost fully priced in, GBP investors will likely look towards the central bank's forward guidance.
Source: exchangerates.org.uk
Published (UTC): 2025-05-07 18:00:00
EUR/GBP Price Analysis: Euro holds steady near 0.8500 as mixed signals persist
The EUR/GBP pair remained relatively flat on Wednesday, hovering near the 0.8500 zone after the European session. Price action was contained within a narrow range, reflecting a market lacking clear directional momentum.
Source: fxstreet.com
Published (UTC): 2025-05-07 17:38:21
Goldman Sachs Forecast: USD/JPY to Trend Lower on Recession Risk and Valuation
Goldman Sachs expects the Japanese yen to strengthen gradually against the US dollar, driven by growing US recession risks, flow dynamics, and valuation. However, near-term pain remains likely given higher US yields and the Bank of Japan's dovish stance.
Source: exchangerates.org.uk
Published (UTC): 2025-05-07 17:30:00
GBP/USD pauses rally as traders eye Fed, BoE's decisions
The Pound Sterling retreated after posting back-to-back days of gains versus the US Dollar. Still, positive news related to a possible de-escalation of the Sino-US tensions lent a lifeline to the Greenback, which remains firm in early trading.
Source: fxstreet.com
Published (UTC): 2025-05-07 17:10:48
USDINR Technical levels amid Geopolitical flare up
USD/INR technical analysis with the key factors affecting its exchange rate including the fundamental drivers have to be considered.
Source: investingcube.com
Published (UTC): 2025-05-07 16:46:53