The Strong U.S. Dollar Continues to Weigh on XAU/USD Gold’s performance against the U.S. dollar (XAU/USD) remains under pressure due to the continued strengthening of the dollar, which has been climbing steadily amid recent economic policy...
Gold has recently experienced a notable rise, driven primarily by growing geopolitical tensions and global uncertainties. Investors are increasingly concerned about the potential for a broader conflict in the Middle East, especially in Gaza, where...
The pair is experiencing some near-term resistance, shaped by a divergence in monetary policy between the dovish Federal Reserve (Fed) and the hawkish Reserve Bank of Australia (RBA). RBA Deputy Governor Andrew Hauser recently stated that the...
Hot Forecast for EUR/USD on November 12, 2024 Despite the public holiday in the United States, the market remained active, and the euro continued to lose ground. The reason lies in the aftermath of the elections. While the outcomes of the...
The Japanese Yen (JPY) has been under pressure due to recent comments from key political figures, including Japan's new Prime Minister Shigeru Ishiba. Ishiba’s statement that Japan is not in a position to raise interest rates any further has...