Gold Price Forecast Today: Attention Turns to US Inflation Before the release of the Federal Reserve's preferred US inflation index, the index will strongly influence the price of the US dollar and, therefore, the price of gold. Gold prices...
USD/CAD: The USD/CAD currency pair is currently trading around 0.6136, with recent fluctuations indicating a broad range of activity. It recently climbed to 1.3750 but is now anticipated to decline to around 1.35600. If this downward trend persists,...
Today's GBP/USD Forecast and Trading Insights The British Pound (GBP) started the day on a slightly negative note against the US Dollar (USD) during the Asian trading session. This mirrors the downward movement of the Euro (EUR) as the USD...
EUR/USD Pair Analysis: The EUR/USD pair has faced challenges in sustaining levels above 1.0749-1.0694 recently, indicating a bearish bias influenced by stochastic negativity. Stochastic analysis, which measures momentum in trading, has shown signs...
Gold market analysis: Gold prices rebounded rapidly due to weak data in the United States On Thursday (June 27), gold prices rebounded 1.2% from a more than two-week low hit in the previous trading day, closing at $2,327.46 per OUNCE. Some weak data...