Gold Price Forecast: XAU/USD rebounds but not out of the woods yet – FXStreet

Gold Price Forecast: XAU/USD rebounds but not out of the woods yet FXStreet Source link
Australian Dollar holds gains against Japanese Yen as China’s Trade Balance rises more than expected

The AUD/JPY cross posts modest gains near 112.90 during the Asian trading hours on Tuesday. A larger-than-expected China trade surplus provides some support to the China-proxy Australian Dollar (AUD). Markets are on high alert for foreign exchange intervention from Japanese authorities. China’s Trade Surplus surged to $105.43 billion in May, widening from $84.82 billion recorded […]
US says BYD, Baidu, Alibaba and other tech giants are aiding China’s military

US says BYD, Baidu, Alibaba and other tech giants are aiding China’s military Source link
Gold and Silver Price Forecast: XAUUSD Breakdown Signals More Pain Ahead – FXEmpire

Gold and Silver Price Forecast: XAUUSD Breakdown Signals More Pain Ahead FXEmpire Source link
Gold edges lower below $4,350 as Fed rate hike expectations grow

Gold price (XAU/USD) trades with mild losses around $4,325 during the early Asian session on Tuesday. The precious metal remains on the defensive near its lowest since March 24 amid uncertainty in the Middle East and rising bets of a US interest rate hike. Bloomberg reported on Monday that Iran and Israel agreed to ease […]
WhiteHawk Minerals prices upsized IPO at $26 per share

WhiteHawk Minerals prices upsized IPO at $26 per share Source link
Why Is Gold Going Down? Gold Price Falls Below 200 EMA And This XAU/USD Forecasts Shows -20% Target – Finance Magnates

Why Is Gold Going Down? Gold Price Falls Below 200 EMA And This XAU/USD Forecasts Shows -20% Target Finance Magnates Source link
Appreciation trend outweighs yield gap – Commerzbank

Commerzbank’s Thu Lan Nguyen notes that despite the People’s Bank of China (PBoC) relaxing the cap on US Dollar (USD) deposit rates, the Chinese Yuan has already appreciated about 3% against the Dollar this year. With CNY gains outpacing interest differentials and foreign currency deposits still rising, Nguyen expects the Yuan’s appreciation trend versus the […]
