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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...
Gold Rises as US Treasury Yields Decline The gold (XAU) price rose on Tuesday, breaking a four-day losing streak as US Treasury yields declined. XAU/USD recovered yesterday, bolstered by a decline in...
Gold Holds Steady Ahead of US Reports and Political Developments The gold (XAU) price stabilized near $2,400 on Monday, following three consecutive trading sessions of decline, as traders turned...
Gold Declines Amid Profit-Taking and Strong US Economic Data The gold (XAU) price dropped by 1.82% on Friday as the US dollar (USD) strengthened, driven by a stronger-than-expected July Philadelphia...
US data awaited amid overly dovish Fed rate cut bets July PMIs to reveal how economies entered H2 BoC decides on monetary policy, may cut rates again Will Investors Add to Their Fed Rate Cut...
The EUR/USD pair fell sharply to 1.0888, with investors speculating on the future of US interest rates and the potential implications of the upcoming presidential election, particularly as Donald...
The euro has edged lower on Thursday. Early in the North American session, EUR/USD is trading at 1.0919, down 0.18% on the day. The euro hasn’t posted a losing day since July 9, gaining 1% during...
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