Market News

Gold Price Consolidates as Traders Await FOMC Decision Gold price (XAU/USD) remains subdued, oscillating between modest gains and losses heading into Wednesday’s European session. The precious metal struggles to build on its recovery from a one-week low as traders adopt a cautious stance ahead of the Federal Open Market Committee (FOMC) policy announcement later today.

Australian Dollar Weakens as US Dollar Recovers Ahead of Key Retail Sales Data The Australian Dollar (AUD) remains under pressure, reflecting subdued domestic consumer sentiment and broader market caution ahead of pivotal economic events. The currency struggles near 0.6370 on Tuesday as traders weigh weak domestic data, developments in China, and the upcoming US Federal

Gold Price Hovers Near One-Week Low as Traders Await FOMC Decision Gold price (XAU/USD) remains under pressure, trading near a one-week low as the European session unfolds on Monday. The metal’s sluggish performance is weighed down by expectations that the Federal Reserve (Fed) will slow its rate-cutting pace amid stalled progress in reducing inflation toward

Gold Price Struggles Below $2,700 Despite Intraday Recovery Gold price (XAU/USD) has regained some upward momentum following Thursday’s profit-taking from a five-week high of $2,726. However, the recovery lacks strong follow-through buying as persistent market dynamics and upcoming events keep the yellow metal under pressure. Geopolitical Tensions and Fed Expectations Boost Haven Demand Ongoing geopolitical

Australian Dollar Steadies as US Dollar Slips; US PPI Data in Focus The Australian Dollar (AUD) stabilized on Thursday, halting a two-day losing streak against the US Dollar (USD). The AUD found support following the release of mixed domestic employment data. Australia’s seasonally adjusted Employment Change showed an increase of 35,600 jobs in November, surpassing