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Silver slips below $57 as Fed meeting keeps markets on edge

Silver (XAG/USD) trades around $56.90 on Wednesday at the time of writing, down 0.43% on the day. Price action remains cautious as investors avoid taking large directional positions ahead of the Feder ...

Gold remains under pressure near $4,000 as Fed decision looms

Gold (XAU/USD) trades lower near the $4,003 area on Wednesday, extending its recent decline as investors remain cautious ahead of the Federal Reserve’s (Fed) monetary policy announcement.

Gold slumps below $4000 and Oil rallies

An action-packed evening lies ahead for global markets, says Chris Beauchamp, Chief Market Analyst at online trading and investing platform IG.

British Pound holds below 1.33 as Trump warns Iran, Oil jumps

The Pound Sterling holds firm on Wednesday as the US-Iran conflict escalates, with US President Donald Trump warning of further attacks on Iran, in retaliation for Tehran's strikes on US forces. The G ...

Australian Dollar extends decline ahead of Fed's decision

AUD/USD trades 0.4% lower near the 0.6945 area on Wednesday, extending its recent decline as the Australian Dollar (AUD) weakens following softer-than-expected domestic inflation data.

United States EIA Crude Oil Stocks Change came in at -7.167M, below expectations (-2.5M) in July 24

Pound Sterling Price News and Forecast: GBP below 1.3300 ahead of Fed, BoE

The British Pound (GBP) has given away previous gains against the US Dollar (USD) on Wednesday and remains practically flat in the daily chart, trading below 1.3300 and on track to complete a nearly 1 ...

Swiss National Bank: Rates seen on prolonged hold – Commerzbank

Michael Pfister of Commerzbank argues that subdued imported inflation and low exchange rate pass-through give the Swiss National Bank (SNB) little reason to tighten policy.

Hump day: War and the FOMC

New hostilities in the Middle East have lifted oil prices for the first time in four sessions and is snapping the three-day decline in European and US bond yields.

Australian Dollar: Softer CPI keeps RBA on hold – TD Securities

TD Securities strategists note that Australia’s Q2 Consumer Price Index (CPI) and June headline inflation came in below expectations, easing pressure on the Reserve Bank of Australia (RBA).

British Pound languishes below 1.3300 heading into Fed and BoE decisions

The British Pound (GBP) has given away previous gains against the US Dollar (USD) on Wednesday and remains practically flat in the daily chart, trading below 1.3300 and on track to complete a nearly 1 ...

US Dollar: Fed hold to test recent resilience – ING

ING strategists Francesco Pesole and Frantisek Taborsky expect the Federal Reserve to keep rates unchanged, with two dissenters possibly voting for a hike, limiting downside in front-end USD rates.