Share: Gold price hovers around the $2,000 psychological mark on the USD weakness. The private sector in the US continued to grow at a slower pace in early November. US Gross Domestic Product (GDP) and Personal Consumption Expenditure (PCE) inflation figures will be in the spotlight this week. Gold price (XAU/USD) holds above
Share: Mexican Peso extends its rally, capitalizing on a weaker USD. Mexico’s GDP growth aligns with expectations and might refrain Banxico’s officials from easing monetary policy. Mixed US economic data, with improving business activity but a downturn in Manufacturing PMI, weighed on the USD/MXN pair. Mexican Peso (MXN) is set to finish the
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EUR/USD ANALYSIS Mixed euro area inputs are providing no firm guidance as to the path forward. German Ifo business climate report and ECB officials under the spotlight. EUR/USD consolidating in anticipation of fundamental catalysts. Elevate your trading skills and gain a competitive edge. Get your hands on the Euro Q4 outlook today for exclusive insights
© Reuters. The British pound gained ground against the US dollar on Friday, buoyed by stronger-than-anticipated UK Gross Domestic Product (GDP) figures and a softer dollar. The pair maintained its upward trajectory for the second day in a row, trading around 1.2230. The UK’s GDP for the third quarter remained steady, defying market expectations of