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Gold remains on edge near $2,400 ahead of US data-packed week
The Forex Market· 6 days agoUS President Biden withdraws the re-election bid and nominates Kamala Harris to lead the Democrats....
Japanese Yen appreciates as traders expect BoJ to raise interest rates
The Forex Market· 7 days agoThe Japanese Yen (JPY) breaks two days of losses on Monday.
Mexican Peso falls on mixed inflation data, strong US economy
The Forex Market· 3 days agoUS GDP data for Q2 2024 surpasses expectations, a headwind for the US Dollar. The Mexican Peso...
Gold price retreats beneath $2,400 as traders await US data
The Forex Market· 4 days agoGold touches $2,432, then stabilizes under $2,400, pressured by US 10-year yields at 4.274%. Gold...
WTI trades with modest gains below $79.00 mark, close to over one-month low set on Friday
The Forex Market· 7 days agoThis comes on top of growing acceptance that the Federal Reserve (Fed) will begin its rate-cutting...
Gold price slides for fourth-straight day as US yields rise
The Forex Market· 6 days agoUS President Biden exits race and endorses VP Harris, creating political uncertainty and undermining...
US GDP expands at an annual rate of 2.8% in Q2 vs. 2% forecast
The Forex Market· 3 days agoFollow our live coverage of the US GDP report and the market reaction. Further details of the report showed that the Gross Domestic Product Price Index rose 2.3% in the second quarter, coming ...
Gold Forecast: XAU/USD set to challenge key $2,360 support ahead US Q2 GDP
The Forex Market· 3 days agoGold price is licking its wound, having seen a dramatic fall to near $2,370 in Asian trading after...
Gold prices rebound on US yields dip, ahead of US data
The Forex Market· 5 days agoTraders await crucial economic data, including June’s inflation and Q2 GDP, to gauge the Fed’s next...
Pound Sterling remains on back foot as weak UK Retail Sales prompt BoE rate cuts
The Forex Market· 6 days agoThe Pound Sterling (GBP) fails to extend a slight recovery above the immediate resistance of 1.2930...