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Gold Price Forecast: XAU/USD jumps above $2,400 amid a risk-averse environment
The Forex Market· 5 days agoGold price (XAU/USD) attracts some buyers around $2,410, snapping the three-day losing streak during...
Indian Rupee weakens after FM Sitharaman hikes Capital Gains tax
The Forex Market· 3 days agoThis week, the US Dollar will be influenced by a slew of US economic data. The Indian Rupee weakens...
USD/CHF trades with mild losses near 0.8900, eyes on US PMI data
The Forex Market· 2 days agoUSD/CHF edges lower to 0.8905 in Wednesday’s early European session. Financial markets expect two or...
Mexican Peso falls on mixed inflation data, strong US economy
The Forex Market· 20 hours agoUS GDP data for Q2 2024 surpasses expectations, a headwind for the US Dollar. The Mexican Peso...
US Dollar recovers while political factors weigh in
The Forex Market· 4 days agoUS Dollar DXY kicked off the week with a slump after a brief rebound at the end of last week but managed to clear daily losses. The anticipated exit of...
US Dollar gains restricted by falling Treasury yields
The Forex Market· 3 days agoUS Dollar DXY experiences a restricted gain as falling US Treasury yields may pose challenges during...
EUR/USD: US Dollar remains in the spotlight on a risk-averse mood
The Forex Market· 2 days agoThe single European currency continues to receive mild pressures having retreated marginally below...
Mexican Peso recovers as carry-trade unwind fades
The Forex Market· 6 hours agoThe Mexican Peso is strengthening as the effects of the unwinding carry trade diminish. Gains may be capped by continued bets that Banxico will cut...
Gold price retreats beneath $2,400 as traders await US data
The Forex Market· 2 days agoGold touches $2,432, then stabilizes under $2,400, pressured by US 10-year yields at 4.274%. Gold...
Australian Dollar extends losses due to concerns over China's economic growth
The Forex Market· 4 days agoThe Australian Dollar (AUD) weakens for the seventh consecutive session on Tuesday, driven by a...