[ad_1] Gold (XAU/USD) Analysis, Prices, and Charts Gold looking to push higher despite quiet conditions. Gold ignoring higher US bond yields. Recommended by Nick Cawley Traits of Successful Traders DailyFX Economic Calendar Gold is edging higher in a quiet market and looks ready to re-test both $2,000/oz. and the recent multi-month high at a fraction
[ad_1] © Reuters. LONDON – The yuan and Australian dollar ascended to three-month peaks today, buoyed by strategic moves from China’s central bank and a softening U.S. dollar, which hit a two-month low with the falling to 103.64. This comes as market consensus grows around the belief that U.S. interest rates may have topped out
[ad_1] AUD/USD ANALYSIS & TALKING POINTS Australian wage growth the highest since 2009. Focus now shifts to US PPI and retail sales data. AUD/USD bulls look to break 0.65 handle. Elevate your trading skills and gain a competitive edge. Get your hands on the Australian dollar Q4 outlook today for exclusive insights into key market
[ad_1] Article by IG Senior Market Analyst Axel Rudolph FTSE 100, S&P 500, Russell 2000 Analysis and Charts FTSE 100 recovery runs out of stream The FTSE 100 has come off Thursday’s 7,466 high amid hawkish comments by the US Federal Reserve (Fed) Chair Jerome Powell and as the British economy stalls in the third
[ad_1] Japanese Yen (USD/JPY) and (EUR/JPY) Prices, Charts, and Analysis USD/JPY continues to press against a multi-decade high. EUR/JPY prints a fresh 15-year high. Fed Chair Powell speaks later in the session. Recommended by Nick Cawley Get Your Free JPY Forecast The current risk-on sentiment dominating a range of financial markets is adding to structural
[ad_1] GBPUSD daily Cable may have found a bottom. The US dollar has sold off broadly today but the pound is taking particular advantage, up 150 pips to 1.2349. It’s the best gain since a powerful stretch of gains in early June. That series of gains is a reminder that the pair can run when
[ad_1] Share: EUR/USD rallies amid a softer US labor market, with Nonfarm Payrolls missing the 180K target. Speculation grows for Fed rate cuts in H2 2024 as hiring slows and unemployment ticks up. Despite EU’s own economic slowdown, the Euro benefits from broad USD weakness and reduced rate hike bets. EUR/USD rallies during
[ad_1] US equities are off the highs but still comfortably into positive territory on the day. The S&P 500 is up 0.7% and the Nasdaq up 0.9%. It’s set to be the fifth straight day of gains and comes despite a disappointing earnings report from Apple. Nasdaq Composite The driver in equities and broader markets
[ad_1] Article by IG Chief Market Analyst Chris Beauchamp FTSE 100, DAX 40, S&P 500 Analysis and Charts FTSE 100 in bullish short-term form The rally off the 7300 continued on Thursday, with impressive gains for the index that have resulted in a move back through 7400. This now leaves the index on the cusp
[ad_1] The XAU/USD rate fluctuates around $1,987 – the July high was formed around this price. And having overcome it, the market stabilized, as evidenced by the ADX indicator, which dropped to its minimum for the month. Gold is up about 9% in three weeks on war fears. Moreover, if we take the year 2023,
