Market Analysis and Insights: Gold is trading around $4,474, recovering strongly after a sharp correction earlier in the week. The metal recently fell to its lowest level since August 7 before rebounding as the U.S. dollar and Treasury yields moved...
Gold Daily Forecast Gold (XAU/USD) is maintaining its upward move on Thursday, extending gains above $4,300 toward a new level after declining to a nearly four-week low of $4,300 the previous day. A notable strengthening of the Japanese yen (JPY) is...
Fundamental Analysis The EUR/USD currency pair trades near 1.1636, demonstrating renewed intraday bullish momentum driven by a pull-back in the U.S. dollar. Fresh macroeconomic releases show a pronounced cooling in the U.S. labor market, anchored by...
XAU/USD Christopher Waller, the governor of the Fed, dampened expectations of an interest rate increase in September. The August Nonfarm Payrolls report for the US will be released on Friday. For the second day in a row, XAU/USD is rising; bulls...
Fundamental Analysis The Euro (EUR) trades 0.2% higher at around 1.1632 vs. the US Dollar (USD) in the European session on Thursday. The major forex pair is gaining ground on a weaker US Dollar amid several headwinds, soft US ADP Employment Change...
