Gold (XAU/USD) Analysis, Prices, and Charts US Treasury yields stem recent sell-off. US NFPs are the next potential driver of price action. Recommended by Nick Cawley Get Your Free Gold Forecast DailyFX Economic Calendar Gold is struggling to regain its recent highs despite US Treasury yields turning sharply lower this week. There is a growing
The currency pair is looking to end a three-week losing streak, with early trading today seeing the pair slightly lower at $0.5890/95, a narrow range below $0.59 due to softer US equity futures. Despite this minor setback, the pair has been extending gains for the third day in a row, nearing a two-week high above
The tech giant released its report for the first quarter of the 2024 financial year, and investors were pleasantly surprised by the stock’s substantial growth. In contrast, several other tech companies failed to impress market players with their earnings, leading to a decline in US stock indices. Let’s delve into the Microsoft report figures and
It looks like the remainder of the day will be trading around vague headlines about a ceasefire of an indeterminate length and prisoner swap rumors/reports. The latest from Al Arabiya is that Israel wouldn’t discuss a long ceasefire. This is not something you want to be trading around. لینک منبع : هوشمند نیوز
BoJ Governor Ueda Nikkei is out with a Bank of Japan scoop ahead of Tuesday’s meeting and decision. The Bank of Japan is likely to raise its consumer price index outlook for fiscal 2024 (starting in March) to the 2% growth range at next week’s meeting The current forecast is 1.9% Today’s Tokyo CPI data
Bloomberg reports that the US and Europe are pressing Israel to delay an invasion of Gaza because they hope to win hostage releases and proceed with negotiations. This news has led to selling in oil and a boost in risk assets. Here is the report. “US and European governments have been putting pressure on Israel
Hostages releases from Gaza are currently with the International Committee of the Red Cross, according to a Reuters source. An earlier report said Israel was being pressed to wait to invade while hostages negotiations are ongoing. Does this mean that the hostages have already been released? Or is this the mother and daughter that were
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not
The WSJ’s Timiraos called the US jobs report weird in a tweet that outlined a WSJ article. “Hiring smashed expectations”, but “no decline in the unemployment rate”. The average hourly earnings were also little lesson expectations. WSJ Timiraos calls the jobs report weird. In the article: U.S. job growth exceeded expectations with 336,000 jobs added
Investors are favoring the euro and British pound today, Friday, as they await the US employment report that may indicate steady hiring ahead of a potential downturn. The report, however, might not offer clear guidance on future Federal Reserve policy due to overlooked household financial conditions and strikes. Economists predict an increase of 173,000 jobs
