USD/SEK declines further after mixed US S&P PMIs and hawkish Riksbank hold

Share: The USD/SEK  pair witnessed a 0.30% drop, hovering around the 10.452 level. Mixed S&P PMIs make the US struggle to gather demand.  Riksbank’s hawkish hold on Thursday strengthened the SEK as the bank didn’t rule out a hike in 2024. The Swedish Krona (SEK) is gaining ground against the US Dollar (USD) in

Euro falters against Pound as Bank of England takes hawkish stance By Investing.com

© Reuters. The euro fell sharply against the British pound on Tuesday, trading near a low of 0.8700 after officials from the Bank of England delivered hawkish remarks during a UK Parliament testimony. The central bank’s unified policy stance against persistent inflation and warnings about increasing inflation pressures in the coming years contributed to the

XAU/USD trims gains after hawkish Fed speakers

Share: The XAU/USD advanced to $1,980 after hitting $1,995 earlier in the session. Housing data from the US from October came in better than expected. Hawkish Fed speakers and US yields recovering halted the metal’s rise. The XAU/USD saw a slight upsurge in Friday’s session and is currently trading at $1,980 after hitting a

Hawkish Fed pushes Gold further down, XAU/USD testing towards $1,930

Share: Spot Gold prices are seeing further downside on Friday as investors pivot on Fed remarks. Fed looking more hawkish than market participants believed last week. US Dollar, US Treasury yields seeing gains for the week, Gold swoons. XAU/USD prices are testing towards the downside on Friday, edging towards $1,930 after yesterday’s hawkish