Gold falls on Fed comments
Gold (XAU/USD) edges lower to around $2,310 on Wednesday as investors mull comments from Federal Reserve (Fed) officials, who continue to appear reluctant to cut interest rates amid stubbornly high inflation. The […]
Stocks 3 months ago
Gold (XAU/USD) edges lower to around $2,310 on Wednesday as investors mull comments from Federal Reserve (Fed) officials, who continue to appear reluctant to cut interest rates amid stubbornly high inflation. The […]
The Pound Sterling (GBP) weakens against the US Dollar (USD) in Wednesday’s New York session. The recovery move in the GBP/USD pair from the more than five-week […]
The US Dollar (USD) is likely to trade sideways between 159.35 and 159.95. It could break above 160.00 but note that there is another resistance […]
The Australian Dollar (AUD) recovers its intraday losses as the US Dollar (USD) depreciates due to the decline in the yields on US Treasury bonds on Monday. The upside […]
The Japanese Yen (JPY) holds its position, possibly due to verbal intervention by the Japanese authorities. Japan’s top currency diplomat, Masato Kanda, stated on Monday that he […]
Silver price dropped sharply and snapped two days of gains amid firm US Treasury bond yields and a strong US Dollar. The grey metal trades […]
On Friday, the NZD/USD extended its losing streak to three days. Despite an attempt to rally which took the pair to a high of 0.6140, […]
The Pound Sterling (GBP) trades marginally lower on Thursday just above the 1.2700 mark against the US Dollar (USD), ahead of the Bank of England […]
EUR/USD extends its downside below the round-level support of 1.0700 to 1.0670, touching the lowest level in more than a month during Friday’s New York session. […]
In an interview with CNBC on Friday, Cleveland Federal President Loretta Mester said that it is important not to wait too long to cut interest rates, […]