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Gold Fell by More Than 3% On Monday, gold (XAU/USD) dropped by 3.33% and reached around $2,600, losing all the gains from the previous three days. News that Israel and the Hezbollah militant group...
Scott Bessent has been nominated by Donald Trump for US treasury secretary Nomination sends US bond yields, dollar lower EUR/USD bounces from multi-year lows but faces resistance at 1.0496. Yield...
The EUR/USD is recovering on Monday, rising more than 0.5% against the US Dollar, reclaiming the 1.0478 level after hitting its lowest level in nearly two years last Friday.While Monday's decline in...
Possible ceasefire in Lebanon, gold dives. A shortened week in the US due to Thanksgiving celebrations. Trump’s Treasury Secretary nomination pleases equity markets. Possible Ceasefire in Lebanon,...
Key data and geopolitical risks could shape the dollar’s next move. Recent volatility signals shifting dynamics for the greenback. However, the bullish outlook seems to be intact ahead of thin...
EUR/USD encountered significant pressure, testing a low of 1.0331 before rebounding to 1.0476, as market concerns mount over the potential economic slowdown in Europe and aggressive rate cuts by the...
Positive News From the Middle East Brought Down Gold Gold (XAU/USD) reached the resistance level of $2,740 on Friday, rocketing by 1.74%. However, the price has decreased sharply by more than 1.5%...
The EUR/USD is recovering a little after its mini collapse on Friday. However, further eurozone confidence data this week could still spell trouble and tilt the market towards a 50bp ECB cut in...
EUR/USD sold off to 1.0332 earlier on Monday after weak Eurozone economic data led traders to raise their bets on a big rate cut by the ECB. This drop comes on the back of a bigger selloff from...
Weak PMI data from Europe and the UK raise concerns about global economic outlook and sent the EUR and GBP tumbling. Escalating tensions in Russia-Ukraine and the Middle East add to market...
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