Written by FXStreet
Reviewed by FXStreet
Written by FXStreet
The People's Bank of China's (PBoC) Monetary Policy Committee said on Friday that they will cut the reserve ratio requirements (RRR) and interest rates at proper time, per Reuters.
Silver price (XAG/USD) extends its gains for the third successive day, trading around $29.60 per troy ounce during the Asian hours on Friday.
The EUR/USD pair pauses its four-day losing streak, trading near 1.0270 during the Asian session on Friday.
WTI rises to near $73.00 due to a potential policy support to revive economic growthWest Texas Intermediate (WTI) Oil price continues its winning streak for the sixth consecutive day, trading around $73.00 per barrel during the Asian session on Friday. WTI price reached two and a half-month high at $73.39 on Thursday.
West Texas Intermediate (WTI) Oil price continues its winning streak for the sixth consecutive day, trading around $73.00 per barrel during the Asian session on Friday. WTI price reached two and a half-month high at $73.39 on Thursday.
The Gold price (XAU/USD) consolidates its gains near $2,660 after reaching a two-week high during the early Asian session on Friday.