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Gold Rises as Middle East Conflict Escalates The gold (XAU) price rose more than 1% on Tuesday amid fears of escalating conflict in the Middle East. Middle East conflict continues to escalate. Hamas...
August has historically been the weakest month for GBP/USD and AUD/USD. EUR/USD seasonality hints at downside potential, but the broader post-2023 range remains intact. USD/CAD has tended to see...
The big question for FX markets is whether July’s sharp correction is over. We think events tomorrow (Bank of Japan and Fed meetings) will have a big say. Before then, US JOLTS and consumer...
Gold Falls as Investors Remain Cautious Ahead of Two Interest Rate Decisions Gold (XAU) price fell slightly on Monday as investors refrained from big purchases ahead of the Federal Reserve (Fed) and...
The EURUSD is back at the 200 and 50dma. You can see below, they are very tightly wound up and are providing the market near term support ahead of the key FOMC meeting and Non-Farm Payroll report...
This week, the forex market could see higher-than-usual activity with key central bank decisions and economic data releases. The Fed and BoE meetings, along with the NFPs report, will impact EUR/USD...
Fed sees inflation on a path to remain low Investors expect three 25bps rate cuts by January Fed to keep rates untouched, focus on guidance The decision is published on Wednesday at 18:00 GMT Data...
Strong US Data And Profit-Taking Fuel Gold Sell-Off The gold (XAU) price plunged by 1.38% on Thursday as the US Dollar Index (DXY) recovered swiftly from the 104.000 level due to better-than-expected...
Soft IFO and PMI data has traders worried about a slowdown in Europe. Meanwhile, weak Durable Goods Orders are offsetting a strong Q2 US GDP report. EUR/USD is trying to stage a bounce off the 38.2%...
Gold Decreases by 0.51% Amid Mixed US PMI Figures The gold (XAU) price fell by 0.51% since the US Purchasing Managers' Indexes (PMI) reports showed mixed data. Yesterday, the S&P Global Flash US...
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