Gold, XAU/USD – Price Action & Outlook: Gold appears to be losing ground amid rising real yields. Most recently, XAU/USD has fallen below key support, accentuating downside risks. What are the key levels to watch in XAU/USD? Recommended by Manish Jaradi Traits of Successful Traders Higher real rates could be starting to finally weigh on
Crude Oil, WTI, Brent, OPEC+, Federal Reserve, EIA, API, Trend, Double Top – Talking Points Crude oil has been chasing new highs this week as supply cuts kick in OPEC+ production cuts appear to be having the desired effect The Fed may have paused but policy tightness might be with us for a while Recommended
Share: The US Dollar is unchanged near the New York opening bell. Very light data calendar points to a rather uneventful day in the wake of US inflation data on Thursday. The US Dollar Index nudges lower, eyes key support test. The US Dollar (USD) is trading sideways to slightly lower as markets
© Reuters. Investing.com — The pound slipped against the dollar Tuesday as sourcing sentiment on risk assets pushed flows into the arms of the safe-haven dollar, with more pain likely ahead for the currency as some warn bets on Bank of England rate hikes are overstretched. fell 0.34% to $1.2740. “GBP is set to continue
Share: NZD/USD bounces off the two-month lows and holds ground near 0.6060 on Wednesday. The downbeat Chinese trade data exerts some pressure on the Kiwi. The US trade deficit narrowed sharply in June; Imports fell to the lowest level since November 2021. Investors await Chinese inflation data, New Zealand inflation expectations report. The
NZD/USD, AUD/NZD, EUR/NZD – Outlook: NZD continues to broadly hover within its recent range against some of its peers. NZD has been weighed by a deteriorating NZ economic growth outlook and the view that RBNZ is done with raising rates. What is the outlook for NZD/USD, EUR/NZD, and AUD/NZD? Recommended by Manish Jaradi The Fundamentals
© Reuters. FILE PHOTO: U.S. dollars are counted out by a banker counting currency at a bank in Westminster, Colorado November 3, 2009. REUTERS/Rick Wilking/File Photo By Joice Alves and Rae Wee LONDON/SINGAPORE (Reuters) – The dollar rose on Monday after a mixed U.S. jobs report on Friday sent the U.S. currency to a one-week
© Reuters. Investing.com – The U.S. dollar gained in early European trade Monday, rebounding from losses after Friday’s payrolls data ahead of this week’s release of inflation data from the world’s two largest economies. At 03:05 ET (07:05 GMT), the , which tracks the greenback against a basket of six other currencies, traded 0.2% higher
© Reuters. Investing.com — Most Asian currencies fell on Monday, while the dollar and Treasury yields firmed ahead of key inflation data from the world’s largest economies, due later in the week. While the greenback logged steep losses on Friday, following mixed , it firmed in Asian trade as markets hunkered down ahead of U.S.
Share: USD/JPY recovers from the lowest level in a week, prints the first daily gain in three. US 10-year Treasury bond yields consolidate the biggest daily slump in three months. China-linked fears, hawkish BoJ Summary of Opinions and pre-inflation moves propel Yen prices. US CPI, PPI and BoJ chatters will be important for
