Gold Price Forecast: XAU/USD remains poised to extend losses beyond $1,800
At the time of writing, the price of gold is back above the psychological $1,800 level at $1,804.60, albeit still down by 0.40%. The price has fallen
Read More »Market Update – August 2 – USD consolidates at lows
Market News Today – USD up from 1-month lows (USDIndex 92.00 from 91.75 Friday) – Chinese & Asian stock markets rise, despite weak Chinese PMI & other Asian data. US equity…
Read More »Market wrap up with Andria!
The USD has been ticking higher into the Fed announcement, recouping some of the ground lost over the last couple of days. The USDIndex has printed a high at 92.66,…
Read More »Gold Price Forecast: Risk of Volatility as Fed Meeting Looms
Gold price action is primed for volatility next week with the Fed decision on deck. How real yields and the US Dollar react to fresh guidance from Fed officials will…
Read More »Pound Sterling Price News and Forecast GBP/USD: Britain’s Big Bang gamble, Fed decision critical for next moves
GBP/USD attracted some dip-buying on Friday amid a subdued USD price action. The risk-on impulse in the markets acted as a headwind for the safe-haven
Read More »Events to Look Out for Next Week
The rapidly spreading Delta variant is still the main weigh on market sentiment, threatening to spoil the summer, and lave its mark on the tourist and hospitality trade in particular….
Read More »Aussie Dollar Slide May Resume on PMI Contraction, Extended Lockdowns
The Australian Dollar's fundamental outlook darkened on Friday after the country's services sector contracted sharply in July.
Read More »ForexLive Americas FX news wrap: Canadian jobs tee up a BOC taper
Forex news for North American trade on July 9, 2021: Markets: For a holiday-shortened week at a time of year that can be absolutely dead, this one had plenty of…
Read More »Lagarde on her toes; Euro rallies
Yields remain richer but are off their overnight lows as some of the buying eases. A slightly better than expected jobless claims report has had little impact. Equities are still near…
Read More »Disappointing data in US session
Wall Street opened mixed, leaving the USA100 slightly higher, at record highs in early trade. The USA500 is marginally underwater, while the DJIA is underperforming, off 125 points or about…
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