Page 73 - Simple Moving Average News Today

Silver (XAG/USD) attracts some dip-buying near the $23.70 area on the first day of a new week and builds on its steady intraday ascent heading into the European session.

Natural Gas (XNG/USD) is jumping higher for a fourth straight day in a row. Main driver this Monday is news from the Red Sea where a Norwegian vessel got hit by missiles fired by Houthi Rebels claiming the vessel carried cargo with destination

The Canadian Dollar (CAD) is pulling back in the bids to kick off the last two weeks of trading in 2023, with a final print of StatsCAN’s Canadian Consumer Price Index (CPI) inflation on the docket for Tuesday.

The key event of the day will be the Bank of Japan's monetary policy decision.

The EUR/USD rose modestly on Monday, recovering after Friday's sharp decline.

The GBP/JPY tested back into the 181.00 handle on Monday, but remains caught in a tight near-term range as Guppy traders buckle down for a Tuesday showing from the Bank of Japan (BoJ) and Wednesday's final print of UK Consumer Price Index (CPI) inflation to wrap up 2023.

The GBP/JPY is back into the 181.00 handle heading into Friday’s trading session, with the pair bouncing from nine-week lows hit early on Thursday as the Pound Sterling (GBP) struggles against the Japanese Yen (JPY).

The Japanese Yen (JPY) weakens against the US Dollar (USD) during the Asian session on Friday, allowing the USD/JPY pair to build on the overnight bounce from sub-141.00 levels, or its lowest level since July 31.

Gold price is fluctuating between gains and losses while trading in a tight band above the $1,930 level early Friday, as buyers pause to digest this week’s positive developments heading toward the pre-Christmas lull next week.

Gold price (XAU/USD) struggles to capitalize on its gains registered over the past two days and oscillates in a narrow trading band below the $2,040 level during the Asian session on Thursday.