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Market News

  • Silver advances above $73.50 as traders await Fed rate decision

    Silver price (XAG/USD) rises to around $73.85 during the early European trading hours on Wednesday. Markets might turn cautious ahead of the US Federal Reserve (Fed) interest rate decision. Traders will also closely monitor the development surrounding the ongoing conflict between the US and Iran. The Fed is expected to keep interest rates steady between

    April 29, 2026
  • Gold steady as markets await Powell’s comments on Iran war impact

    Gold was largely steady on Wednesday, as investors awaited U.S. Federal ‌Reserve Chair Jerome Powell’s comments to gauge the impact of the Iran war on the economy as peace talks stall. Spot gold was up 0.2% at $4,602.82 per ounce, as of 0439 GMT, after falling to ​its lowest level since April 2 in the

    April 29, 2026
  • USD/JPY Price Forecast: Remains below 160.00 intervention threshold ahead of Fed

    The USD/JPY pair struggles to capitalize on the previous day’s goodish rebound from sub-159.00 levels, touched in reaction to the Bank of Japan’s (BoJ) hawkish pause, and oscillates in a range during the Asian session on Wednesday. The USD/JPY pair struggles to capitalize on the previous day’s goodish rebound from sub-159.00 levels, touched in reaction

    April 29, 2026
  • Oil edges higher as US-Iran talks appear to have stalled

    Asian stocks fluctuated on Wednesday while oil prices swung as talks to end the Iran war appeared to be at a standstill and the crucial Strait of Hormuz no nearer being reopened. While the White House has said Donald Trump and his team were considering Tehran’s latest proposal to restore traffic through the waterway, CNN

    April 29, 2026
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