Gold prices, represented by XAU/USD, have been influenced recently by several important factors. First, U.S. inflation data has raised expectations that the Federal Reserve might cut interest rates by 25 basis points (bps). This potential rate cut...
Gold prices remained relatively stable at the close of the North American trading session, despite a slight 0.18% decline. The market's reaction to the latest US inflation data was mixed, with traders reducing their long positions in gold as the...
The GBP/USD pair continued to face downward pressure, trading near the 1.3045 level, influenced by the latest US inflation data and weak UK economic activity. While headline inflation declined, the core CPI remained unchanged, prompting traders to...
The EUR/USD pair experienced a slight decline on Wednesday, closing 0.04% lower following the release of the US inflation report. The core consumer price index (CPI) remained unchanged in August, suggesting a potential pause in the Federal Reserve's...
Oil storm and political intrigue: What's happening to US markets? Markets react to presidential debate: stocks fall, dollar holds US stock futures fell, the dollar held its ground and bond prices jumped after a tense US presidential debate in which...