Japanese Yen bulls seem reluctant as USD edges up ahead of Fed’s Powell
The Japanese Yen stalls the overnight recovery from a two-week low against the USD.Domestic political uncertainty and a…
Japanese Yen bounces off two-week low amid BoJ-Fed policy divergence
The Japanese Yen drops to a two-week low on Monday, though it lacks follow-through.The divergent BoJ-Fed policy outlooks…
EUR/USD appreciates as the focus shifts to the Fed’s monetary policy
The Euro ticks h¡igher as the impact of France’s debt downgrade eases.The US Dollar drifts lower with traders…
Gold rises as weak US sentiment and jobs data boost Fed cut outlook
Gold rebounds after weak UoM sentiment and soft jobs data boost rate cut bets.Payroll revision and rising Jobless…
Gold hits $3,674 record before US Dollar rebound caps rally
XAU/USD climbs 0.30% after earlier record high of $3,674, retreating as US yields and US Dollar rebound.BLS revises…
Australian Dollar advances as US Dollar trims gains amid Fed rate cut bets
Australian Dollar receives support from the easing likelihood of the RBA rate cut.China’s CPI declined 0.4% YoY, while…
EUR/USD jumps to 1.1714 as weak jobs data sinks US Dollar
The Euro climbs as Nonfarm Payrolls show weak hiring, rising unemployment, and steady wage growth in August.US 2-year…
Gold rallies to record-high as weak NFP fuels dovish Fed outlook
Gold holds steady around $3,575, consolidating after touching a record high of $3,586 post-NFP.The US jobs report showed…
Gold steadies near $3,550 as traders await US NFP for Fed rate signals
Gold gains some positive traction on Friday as Fed rate cut bets undermine the USD.Trade-related uncertainties further bolster…
Gold retreats to $3,400 as markets await US PCE inflation report
Gold edges lower on Friday, retreating from its highest level since July 23 at $3,423 set the previous…
Australian Dollar slips as US Dollar advances despite Fed rate cut bets rise
The Australian Dollar may regain ground as the likelihood grows for a Fed rate cut in September.The Reserve…
Gold above $3,370 as Powell turns dovish, labor risks rise
Gold prices rallied sharply after Powell’s dovish tone highlighted employment risks despite persistent upside risks to inflation.Traders priced…