Gold hits one-month low near $4,700 as Fed’s hawkish stance weighs

Gold hits one-month low near ,700 as Fed’s hawkish stance weighs

Gold (XAU/USD) dives to a fresh low since February 6 during the first half of the European session on Thursday, though it finds some support near the $4,700 round figure. The US Dollar (USD) preserves the previous day’s strong gains fueled by the US Federal Reserve’s (Fed) hawkish outlook, which, in turn, is seen as […]

XAG/USD struggles near $75.50 on firm hopes of Fed’s extended pause

XAG/USD struggles near .50 on firm hopes of Fed’s extended pause

Silver price (XAG/USD) struggles to gain ground even after sliding to a fresh monthly low of $75.50 during the late Asian trading session on Thursday. The white metal has come under pressure amid the speculation that the Federal Reserve (Fed) will hold interest rates steady in the current range of 3.50%-3.75% in the entire year. […]

AUD/JPY holds gains to near 112.50 after BoJ keeps rates steady as expected

AUD/JPY holds gains to near 112.50 after BoJ keeps rates steady as expected

The AUD/JPY cross holds gains near 112.45 during the Asian trading hours on Thursday. The Japanese Yen (JPY) softens against the Australian Dollar (AUD) after the Bank of Japan (BoJ) interest rate decision. Traders will closely monitor Governor Kazuo Ueda’s press conference for any hints about the next move. As widely expected, the BoJ decided […]