The Spot price experienced some downward pressure on Wednesday, primarily driven by remarks made during a press conference by China’s National Development and Reform Commission (NDRC). China's state planner highlighted that the country’s economy is...
Hello, After a consolidation phase near $2,640, gold gains traction and rises to the $2,650 region. The benchmark 10-year US Treasury bond yield is lower following the release of weak macroeconomic data from the US, helping XAU/USD to rise higher....
The GBP/USD currency pair has been trading within a narrow range of 1.2630 to 1.2700 for the past three days. Despite a brief upward movement above the 1.2700 level, buying momentum was halted by comments from Bank of England Governor Andrew Bailey,...
The Japanese Yen continues to face considerable challenges in its battle against the US Dollar (USD), struggling to mount any substantial recovery. Despite occasional fluctuations, the Yen remains under pressure, hovering close to a three-month low....
XAU/USD has been showing a promising bullish trend recently, with the formation of two consecutive Japanese Hammer candlesticks on Tuesday and Wednesday, signaling potential upward movement. This price action, coupled with a solid green close on...
