The People’s Bank of China set the onshore yuan (CNY) reference rate for the trading session ahead. USD/CNY is the onshore yuan. Its permitted to trade plus or minus 2% from this daily reference rate. CNH is the offshore yuan. USD /CNH has no restrictions on its trading range. A significantly stronger or weaker rate
Gold, XAU/USD, US Dollar, Fed, FOMC, Treasury Yields, Real Yields, GVZ Index – Talking Points The gold price leapt to new highs as haven demand continues The psychological US$ 2,000 mark has been eclipsed with volatility ticking up The FOMC meeting lies ahead. Will it provide price swings for XAU/USD? Recommended by Daniel McCarthy Get
Share: GBP/USD drifts lower for the third successive day and drops to a multi-week low on Thursday. A combination of factors continues to push the USD higher and exert pressure on the major. The fundamental backdrop supports prospects for a further near-term depreciating move. The GBP/USD pair extends this week’s retracement slide from
GOLD, XAU/USD, US Dollar, 10-Year Treasury Yield, Ackman, Gross, BTC – Talking Points Gold has struggled despite a softening in the US Dollar Treasury yields might have peaked if the big guns are to be believed If gold can’t rally on a weaker USD, will it mean revert? Recommended by Daniel McCarthy Get Your Free
Share: XAU/USD trades at $1971.15, marking a 1.24% gain. Fed Chair Jerome Powell’s comments at the Economic Club of New York led to expectations of no further rate hikes by the Fed. Powell states that policy is restrictive and emphasizes the need for careful policy setting. Gold price (XAU/USD) extended its gains to
Share: EUR/USD consolidates in a narrow trading band through the Asian session on Thursday. The fundamental backdrop and the technical setup support prospects for further losses. A convincing breakout through the descending channel hurdle will negate the bearish bias. The EUR/USD pair struggles to gain any meaningful traction on Thursday and oscillates in
Economists from the National Bank of Canada Financial Markets division have noted several key data points for both the US and Canadian markets next we لینک منبع : هوشمند نیوز
The war in Israel and the conflict in the Middle East, is causing a lot of uncertainty and unpredictability in the trading market. One major concern was about the supply and production of oil, which made the price of crude oil go up by 3.9% in just one day. This was because the OPEC World
© Reuters On Sunday, the U.S. dollar and the Japanese yen slightly increased from their positions late Friday, following violent incidents in Israel over the weekend. This rise indicates the profound impact that Middle Eastern turmoil can have on global financial markets, particularly on the USD. The USD’s status as a safe-haven currency is reinforced
USD/CAD PRICE, CHARTS AND ANALYSIS: Read More: The Bank of Canada: A Trader’s Guide USDCAD had finally broken above the October 2022 descending trendline this week but has since run into some resistance just shy of the 1.3800 mark. This could just be a short-term retracement before a bullish continuation. Get your hands on the
