GBP/USD extends gains near 1.2630 on subdued US Dollar

[ad_1] Share: GBP/USD Forecast: Bulls maintain the pressure, aim for 1.2700 and beyond The British Pound retains its strength against the US Dollar, with GBP/USD comfortably trading above the 1.2600 threshold after peaking on Monday at 1.2644, its highest since last August. On the one hand, the GBP benefited from hawkish comments from

XAG/USD displays volatility contraction near $23, following subdued US Dollar

[ad_1] Share: Silver price volatility compresses near $23.00 while the US Dollar remains subdued. Investors turn baffled between rising hopes of the Federal Reserve’s (Fed) soft landing and resilient US dollar. Silver price consolidates below the 61.8% Fibonacci retracement at $23.30. Silver price (XAG/USD) demonstrates a volatility squeeze near the crucial support of

Subdued Start in Asia as Wall Street Rally Fizzles

[ad_1] An initial rally in Wall Street eventually fizzled into the close, as Treasury yields headed higher in the aftermath of the US Consumer Price Index (CPI) release, prompting the US dollar to pare its earlier losses. Both headline and core US CPI surprised on the downside, which will likely provide grounds for the Fed

Gold (XAU/USD) Remains Subdued as the DXY Continues to Advance

[ad_1] GOLD PRICE FORECAST: For the Full Q3 Outlook on Gold Prices, Download the Guide Below Recommended by Zain Vawda Get Your Free Gold Forecast MOST READ: Canadian Dollar Outlook: USD/CAD, GBP/CAD Rise, Is the Oil Correlation Dead? Gold prices remain subdued with the 50-day MA capping any potential move to the upside with the