The recent shift in US monetary policy, aimed at strengthening negotiating leverage while preventing a sudden surge in inflation, has led to a modest decline in US Treasury bond yields, which in turn has bolstered demand for gold. Meanwhile, the...
The US Dollar Index (DXY) faced significant downward pressure, retreating to the 107.20 zone, marking its lowest level in two weeks. This decline was primarily driven by falling US Treasury yields across the curve, as investors adjusted their...
T E C H N I C A L _ A N A L Y S I S U S D / C A D Good morning friends. Let’s pay attention to the USD/CAD price movement. USD/CAD is trading at 1.4184 at the time of writing. It is vital to pay attention to the USD/CAD market behavior on the lower...
The GBP/USD pair experienced a significant surge on Thursday, climbing over 0.9% to reach the 1.2560 area. This rally was fueled by positive economic data releases from both the UK and the US. The UK's GDP figures surpassed market expectations,...
Gold prices have continued their upward trajectory, breaking through the critical $2,900 per troy ounce level, driven by a combination of a weakening US Dollar and declining US Treasury yields across the curve. The XAU/USD pair has regained its...
