XAU/USD & XAG/USD May Get Boost from Macro Trends

[ad_1] SILVER, GOLD OUTLOOK: Gold and silver prices have retreated in recent weeks, but their outlook remains constructive If bond yields continue to push lower, precious metals could shine heading into 2024 This article explores XAU/USD and XAG/USD’s key levels to watch this week Trade Smarter – Sign up for the DailyFX Newsletter Receive timely

Asia FX muted as PMIs boost dollar, Aussie rises on rate hike bets By Investing.com

[ad_1] Investing.com– Most Asian currencies fell slightly on Wednesday as strong overnight data boosted the dollar, while the Australian dollar rose sharply as a strong inflation reading fueled expectations for an interest rate hike in November.  The jumped 0.5% as data showed inflation grew slightly more than expected in the third quarter. The reading came

Dollar up after inflation data boost By Reuters

[ad_1] © Reuters. FILE PHOTO: The employee of a currency exchange shop counts U.S. dollar banknotes in Ciudad Juarez, Mexico July 27, 2023. REUTERS/Jose Luis Gonzalez/File Photo By Saqib Iqbal Ahmed NEW YORK (Reuters) -The U.S. dollar touched a one-week high against a basket of currencies on Friday, extending its gains from the previous session

Attack on Israel could boost appeal of gold and safe haven assets By Reuters

[ad_1] © Reuters. Israel’s Iron Dome anti-missile system intercepts rockets launched from the Gaza Strip, as seen from Ashkelon in southern Israel October 7, 2023. REUTERS/Amir Cohen NEW YORK (Reuters) – Investors are closely watching events in Israel as a geopolitical risk to markets, with some expectation the violence could prompt a move into safe

Explainer-What would Japanese intervention to boost the weak yen look like? By Reuters

[ad_1] © Reuters. FILE PHOTO: Light is cast on a U.S. one-hundred dollar bill next to a Japanese 10,000 yen note in this picture illustration shot February 28, 2013. REUTERS/Shohei Miyano/Illustration/File Photo By Leika Kihara TOKYO (Reuters) – Japanese authorities are facing renewed pressure to combat a sustained depreciation in the yen, as investors eye

US Dollar Gets a Boost from Optimistic Fed; EUR/USD, GBP/USD, AUD/USD

[ad_1] US Dollar Vs Euro, British Pound, Australian Dollar – Price Setups: USD boosted by higher for longer Fed rates after hawkish FOMC projections. EUR/USD and GBP/USD are testing quite strong support; AUD/USD has retreated from key resistance. What’s next for EUR/USD, GBP/USD, and AUD/USD? Recommended by Manish Jaradi New to FX? Try this link

Sentiment Boost from China Helps Risk Appetite on Thin Liquidity Monday

[ad_1] STOP! From December 19th, 2022, this website is no longer intended for residents of the United States. Content on this site is not a solicitation to trade or open an account with any US-based brokerage or trading firm By selecting the box below, you are confirming that you are not a resident of the

Venezuelans lament end of brief dollarization boost By Reuters

[ad_1] 3/3 © Reuters. FILE PHOTO: A worker receives a dollar cash payment in a store in a market in Caracas, Venezuela, August 12, 2021. REUTERS/Leonardo Fernandez Viloria/File Photo 2/3 By Mayela Armas CARACAS (Reuters) – When Venezuela’s economy was showing tentative signs of recovery in 2020, Enrique Perrella thought it was time to open