The spot price weakened significantly on Wednesday, falling to 0.6480 against the US dollar as the greenback strengthened. This sharp decline followed the release of Australia's second-quarter GDP data, which, although meeting expectations,...
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Gold prices have recently experienced some pressure, with a pullback from the monthly peak reached earlier this Wednesday. This decline comes as equity markets display a generally positive tone, which diminishes demand for safe-haven assets like...
On Wednesday, the pair continued its upward trajectory, surpassing 155.60 for the first time since September, before settling at 155.45. This rise comes amid growing concerns over geopolitical tensions, particularly in the Middle East, which have...
The price has recently broken its four-day winning streak, trading around 0.8850 during the early session on Wednesday. The US Dollar (USD) received a boost after last Friday’s economic data cast doubt on the possibility of an aggressive interest...