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Share: Mexican Peso stays defensive, posting over 1% weekly loss vs. the US Dollar. August Retail Sales in Mexico show a mixed picture, with gains over the year but a monthly plunge and signs of deceleration. Geopolitical risks cap Peso’s gains, including tensions in the Middle East and US military base attacks. Mexican
XAU/USD, XAG/USD PRICE FORECAST: MOST READ: GBP Price Action Setups: GBP/USD, EUR/GBP, GBP/AUD Post UK CPI Gold extended its gains throughout the day today in light of increased risk aversion from market participants. The rise of the risk-off environment today comes courtesy of an explosion of a hospital in Gaza last night which saw both
The war in Israel and the conflict in the Middle East, is causing a lot of uncertainty and unpredictability in the trading market. One major concern was about the supply and production of oil, which made the price of crude oil go up by 3.9% in just one day. This was because the OPEC World
The rand sold off towards the R19/$ resistance zone after raised US Treasury yields favored the USD. لینک منبع : هوشمند نیوز
Spot gold made headway today with China’s property sector revisiting its debt profile as markets contemplate central bank actions this week. Will XAU/USD break the range? Gold, XAU/USD, US Dollar, China, HSI, Crude Oil, Fed, BoE, BoJ – Talking Points Gold is challenging the US$ 1,930 level again today Problems for China’s developers soured the
Share: XAU/USD recovered towards $1,890, still poised for a weekly decline. China’s real state giant Evergrande filed for bankruptcy protection in a US court. Lower US yields amid risk aversion benefits Gold prices. At the end of the week, the XAU/USD Gold spot slightly recovered to $1,890, but it is still poised for a
Crude Oil, WTI, Brent, Fitch, AA+, US Dollar, Treasuries, HSI, Nikkei 225, Gold – Talking Points The crude oil price pressed toward elevated levels as markets recalibrated The Fitch downgrade dominated price action, but the impact has been disparate If the risk-off attitude continues, will WTI face headwinds? Trade Smarter – Sign up for the
