XAU/USD May Climb as Retail Traders Unwind Upside Bets

Gold, Retail Trader Positioning, Technical Analysis – IGCS Update Gold prices continue to stabilize following string of losses Retail traders are continuing to increase downside exposure Is this a sign that XAU/USD may continue higher from here? Recommended by Daniel Dubrovsky Get Your Free Gold Forecast Following a string of losses throughout May until early

Mexican peso hits 7-1/2 year high vs dollar, further gains eyed By Reuters

© Reuters. A twenty pesos coin is seen, as Mexico’s Central Bank (Banco de Mexico) puts into circulation a twenty pesos coin which commemorates the 100th anniversary of the arrival of the Mennonites to the country, in this picture illustration taken August 9, 2022. MEXICO CITY (Reuters) -Mexico’s peso on Friday hit its highest level

New Zealand June Building Permits +3.5% m/m (prior -2.2%)

Building consents data from NZ for June 2023 rose 3.5% m/m prior -2.2% for the y/y, -12% For the quarter as a whole the picture is not so strong. The number of new homes consented in the June 2023 quarter was down 20% compared with the June 2022 quarter. Stats NZ: “The June 2023 quarter

Tighter standards and weaker demand for commercial and industrial loans during Q2

Share: The Federal Reserve (Fed) released the July 2023 Senior Loan Officer Opinion Survey on Bank Lending Practices (SLOOS) that “addressed changes in the standards and terms on, and demand for, bank loans to businesses and households over the past three months, which generally correspond to the second quarter of 2023.” The survey

Rand Softer on Chinese PMI & SA Balance of Trade

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