Gold Price Forecast: XAU/USD Breaks Out as Yields Sink, Fed Pivot Hopes Build
Gold prices rally more than 1% and break above a key technical resistance, boosted by falling U.S. Treasury yields following disappointing U.S. economic data.
Gold prices rally more than 1% and break above a key technical resistance, boosted by falling U.S. Treasury yields following disappointing U.S. economic data.
Oil declines around $3.5 today as markets continue to digest sizeable stock builds at a time when the US production levels soar and economic data appears to be easing
The Euro retains the upper hand in what remains overwhelmingly a ‘Dollar weakness’ story
Rand prices slumped today around a key support zone but ZAR bulls remain tentative at this important juncture.
The risk-on sentiment currently driving the cryptocurrency higher shows no sign of abating with a wide range of coins registering hefty double-digit gains over the month.
Indices have made further gains, though at a slower pace than in recent sessions, with yesterday’s US data providing more good news on inflation.
The pound has recently been handed a boost by a weaker dollar brought about by expectations that US rates have peaked. Sterling looks ahead to the Autumn Statement
EUR prices pullback as markets prepare for Fed and ECB speak later today.
This article focuses on the technical outlook for EUR/USD, the Nasdaq 100 and crude oil, taking into account sentiment analysis and recent price action dynamics.
This article explores the technical outlook for USD/JPY, GBP/USD and AUD/USD, focusing on price action dynamics and key levels in play following the U.S. CPI and PPI reports and related market volatility.