Gold Price on Meltdown Alert as USD Eyes Breakout Before Fed, XAU/USD Levels
Gold prices may face larger losses and a potential breakdown if the U.S. dollar maintains its upward trajectory in a context of rising Treasury yields.
Gold prices may face larger losses and a potential breakdown if the U.S. dollar maintains its upward trajectory in a context of rising Treasury yields.
This article offers a technical perspective on USD/CAD, USD/JPY and AUD/USD, examining pivotal price support and resistance levels that warrant close attention in the upcoming trading sessions.
The rand slumped after depressing local mining data and external US factors combine to push USD/ZAR towards R19/$.
A renewed bout of US dollar strength on the back of a weak Euro and strong US data has seen GBP/USD fall to a fresh multi-month low
The ECB decided to hike rates by 25-bps to 4% while suggesting rates have now peaked. Staff forecasts highlight a worsening growth and inflationary outlook for 2024
Oil prices resumed their upside rally this morning following a brief pause yesterday on surging US inventories. How much further will Oil prices advance before a retracement, as the 14-day RSI hovers in overbought territory?
Indices have held up relatively well despite the rise in monthly US inflation growth, but caution prevails ahead of the ECB decision.
Gold prices look for cues from US PPI and retail sales as to the Fed’s rate cycle after yesterday’s headline CPI ticked higher. XAU/USD eyes $1900.
NZD/USD’s slide has paused recently, but the pair is still not out of the woods. What is the outlook and what are the key levels to watch in NZD/USD, AUD/NZD, and EUR/NZD?
The Australian dollar held early Asia gains against the US dollar after the Australian economy created more jobs than expected last month. Is AUD/USD forming a base?