Gold price tumbled after reaching a weekly high of $2,334 and fell as the Greenback staged a recovery underpinned by a minimal rise in US Treasury bond yields, spurred by Federal Reserve (Fed) Governor Michelle Bowman's hawkish comments. The XAU/USD...
The Euro has recently been on a significant decline against the British Pound, hitting a fresh 22-month low of 0.8400 on Friday. This latest downturn marks an extension of a three-month-long slide that initially commenced in April, back when the...
Aight, let's take a closer look at the EUR/JPY currency pair, my dude. Recently, this bad boy has been showing some serious signs that a continued downward trend might be on the horizon. In the past trading sessions, the pair has consistently been...
Fundamental Analysis Tuesday's gold price (XAU/USD) moves higher despite the declining value of the US dollar. The US Purchasing Managers Index (PMI) was higher than anticipated last week, which caused Federal Reserve (Fed) policymakers to postpone...
EUR/USD faced a bit of pressure on Tuesday, as we predicted the day before. To be precise, after two bounces from the 1.0678 level, a bullish correction was inevitable. This week's economic calendar does not contain any significant events. This...