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Gold Hits a Two-week High Gold (XAU/USD) price rose by 0.98% on Monday, as Peoples Bank of China (PBOC) reported that it restarted to buy the bullion in November. "The market is getting hopeful that...
"Little reason to leave the US dollar now" After a brief sell-off on Friday’s US jobs report, the dollar has returned bid. Helping that trend is geopolitics (Korean markets remain unsettled) and a...
Gold Grows On Geopolitical Instability And Chinese Gold Purchases Gold (XAU/USD) touched the $2,650 level on Monday, driven by China's central bank resuming gold purchases after a six-month pause,...
A week that saw a lot of choppy price action as markets awaited the US jobs report on Friday. A stellar jobs print of 227k and a slight uptick in the unemployment rate to 4.2% appear to have sealed a...
The EUR/USD is steady on Friday after jumping 0.7% a day earlier. In the European session, EUR/USD is trading at 1.0581, down 0.06% at the time of writing. The eurozone wraps up the week with the GDP...
Fed speakers on the wires ahead of the usual blackout period The dollar remains on the back foot; stocks are feeling the pressure Gold trades sideways, as bitcoin retreats from its new all-time...
Pronounced weakness in manufacturing activities in Germany may spread to the broader Eurozone. ECB may be forced to remove its “restrictive monetary policy” forward guidance next Thursday and evolve...
The week culminates in today’s November NFP jobs report. Given expectations of a bounce back after last month’s weather and strike-hit figure of +12k, the market now probably sees less than 200k as a...
Gold's Growth Pauses Ahead of the NFP Report Gold (XAU/USD) declined by 0.67% on Thursday as traders repositioned ahead of the US nonfarm payroll (NFP) report. Yesterday's US Weekly Jobless Claims...
The EUR/USD has been drifting most of this week and remains steady on Thursday. In the European session, EUR/USD is trading at 1.0533, up 0.22% at the time of writing. France in Political Chaos as...
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