US Dollar loses momentum ahead of key US inflation data
The week ahead will bring a fresh test for major currency pairs as investors digest the first Federal Reserve (Fed) policy decision under Chair Kevin Warsh and look ahead to the United States (US) Personal Consumption Expenditures (PCE) data, global PMI releases, and central-bank commentary. The US Dollar Index (DXY) trades near the 100.70 price […]
U.S airline stocks face near-term headwinds as market focus shifts to fundamentals
U.S airline stocks face near-term headwinds as market focus shifts to fundamentals Source link
Gold Price Forecast: XAU/USD attempts to bounce up from the $4,000 psychological area – TMGM
Gold Price Forecast: XAU/USD attempts to bounce up from the $4,000 psychological area TMGM Source link
The US Dollar remembers how to rally
The US Dollar Index (DXY) spent the back half of this week doing something most desks had written off six months ago: rallying on the prospect of a Federal Reserve (Fed) rate hike. The index pushed to a fresh 13-month high before easing back; the move owed less to safe-haven flight than to a cold […]
Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.40%
Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.40% Source link
Gold Price Forecast: XAU/USD Holds Yearly Support—Major Low Forming? – FOREX.com
Gold Price Forecast: XAU/USD Holds Yearly Support—Major Low Forming? FOREX.com Source link
Gold answers to the Fed, not the fear
Gold is supposed to be the asset you want when the world looks dangerous, which makes this week’s price action quietly remarkable. Bullion ended the week down close to 1.5%, its sixth straight week of lower or flat closes, even as a Middle East war ran into its fourth month and an unsigned ceasefire kept […]
Street Calls of the Week
Street Calls of the Week Source link
Gold Price Forecast: XAU/USD remains a lose-lose trade despite the US-Iran peace deal – FXStreet
Gold Price Forecast: XAU/USD remains a lose-lose trade despite the US-Iran peace deal FXStreet Source link
The Australian Dollar looks for an excuse to break ranks
The Australian Dollar spent this week as a passenger in someone else’s trade. A hawkish Federal Open Market Committee (FOMC) and a surging US Dollar dragged the Aussie down to the 0.7000 handle, with the pair’s sharp mid-week drop owing more to events in Washington than to anything out of Canberra. Yet the Aussie is […]
