Hello, Gold fell to $2,310 on Wednesday as investors weighed comments from Federal Reserve officials, who appeared reluctant to cut interest rates amid stubbornly high inflation. $2,279. A break below this would signal a strong downward move. The...
The price of gold (Xau/USD) hovered around $2330 on Tuesday, mirroring the mixed performance of Asian stock markets on Monday. Investor sentiment soured as technology stocks lost favor, leading to a decline in overall market morale. Interest rate...
The XRP/USD price has recently been experiencing significant fluctuations. After reaching a monthly high of $0.5313 at the beginning of the month, the price has been trending downward, currently trading around $0.4733. This shift towards the bearish...
The Australian Dollar Gains Value as Increased Consumer Prices Reduce Chances of RBA Rate Cuts: Recently, the Australian Dollar (AUD) has gained strength due to rising consumer prices. This rise, known as inflation, is when the cost of goods and...
Date: 26th June 2024. Market News – European Stocks Follow US Gains, Inflation Pressures Rise in Australia. Financial Markets Performance: * The USDIndex firmed but off its 105.78 peak. * USDJPY held just below the critical 160 per Dollar level,...