Gold edges higher above $4,700 despite hotter US inflation, Trump–Xi summit in focus – FXStreet

Gold edges higher above $4,700 despite hotter US inflation, Trump–Xi summit in focus FXStreet Source link
Bears taking control with 0.5930 support under pressure

The New Zealand Dollar (NZD) is showing the weakest performance of the G8 currencies on Wednesday, heading lower for the second consecutive day against a stronger US Dollar (USD), with NZD/USD bears testing the bottom of the weekly range at 0.5930 at the time of writing. The US Dollar is drawing support from waning hopes […]
Analysis-Tech rivalry, distrust sap summit hopes for Trump-Xi AI push

Analysis-Tech rivalry, distrust sap summit hopes for Trump-Xi AI push Source link
Gold May See a Short-Term Pullback Before Continuing Higher for OANDA:XAUUSD by Mian-FXSignals – TradingView

Gold May See a Short-Term Pullback Before Continuing Higher for OANDA:XAUUSD by Mian-FXSignals TradingView Source link
Stronger on hot inflation and yields – MUFG

MUFG’s Michael Wan describes how a stronger US Dollar environment emerged as United States (US) April Consumer Price Index (CPI) surprised to the upside and US yields climbed. He notes that bonds sold off sharply, with the US 10-year yield near a one-year high and markets starting to price a potential Federal Reserve (Fed) rate […]
CBA shares tumble 10% on higher bad loan provisions, drag lenders lower

CBA shares tumble 10% on higher bad loan provisions, drag lenders lower Source link
Gold Price Forecast: XAU/USD looks to the Trump-Xi meeting amid Indian curbs on Gold imports – FXStreet

Gold Price Forecast: XAU/USD looks to the Trump-Xi meeting amid Indian curbs on Gold imports FXStreet Source link
US Dollar Index remains flat after Trump’s recent Iran threats

The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is remaining steady after two days of gains and trading around 98.30 during the Asian hours on Wednesday. The Greenback gains ground on the volatile geopolitical climate in the Middle East following recent comments from US President […]
Nvidia CEO Huang to join Trump on China trip – reports
Nvidia CEO Huang to join Trump on China trip – reports Source link
Gold Price Forecast: Inflation Data Looms as XAUUSD Nears a Breaking Point – FXEmpire

Gold Price Forecast: Inflation Data Looms as XAUUSD Nears a Breaking Point FXEmpire Source link
