MARKET NEWS
XAU/USD bulls advance but may run on empty product
XAU/USD bulls advance but may run on empty product Gold (XAU/USD) took advantage of the greenback’s bid as Asian stocks rallied on Wednesday on the back of a strong equity performance on Wall Street. US Treasury yields are holding highs near multi-year highs ahead of this week’s closely watched US inflation data. The DXY, an
Read moreUSD/CAD biggest daily cut in a month drops below 1.2700 amid oil price drop
USD/CAD biggest daily cut in a month drops below 1.2700 amid oil price drop USD/CAD is filling a wound around 1.2675 during Tuesday’s mid-Asia session, following its biggest daily drop in four weeks. Cautious market optimism lowers prices of Canada’s main export, WTI crude, to support the latest rally. However, mixed concerns and a sense
Read moreAUD/USD grinds higher towards 0.7100 as softer China Caixin Services PMI probe bulls
AUD/USD grinds higher towards 0.7100 as softer China Caixin Services PMI probe bulls AUD/USD pauses the corrective pullback round intraday excessive close to 0.7080 after China flashed downbeat information on their go back all through Monday’s Asian session. Also tough the AUD/USD charges are geopolitical anxiety surrounding Russia and the marketplace’s indecision over the
Read moreUS dollar is helpless before US Nonfarm Payrolls, 94.60’s and 95.80’s peered toward
US dollar is helpless before US Nonfarm Payrolls, 94.60’s and 95.80’s peered toward The dollar record (DXY) fell vigorously on Thursday to a more than fourteen day low as national banks play find the Federal Reserve while, simultaneously, Fed authorities have toned down super hawkish way of talking. The euro, by a wide margin, the
Read moreXAU/USD is helpless before national bank occasions and US occupations information
XAU/USD is helpless before national bank occasions and US occupations information At $1,808.20, gold is level on the meeting up to this point and minimal shifted over the direction of the beyond couple of meetings holding over the key $1,800 per ounce level. In any case, there has been an attention on the US dollar
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Australian Dollar Holds Steady as US Dollar Softens Ahead of PMI Data
Japanese Yen Weakens Below 152.00 Against USD, Hits Fresh Three-Month Low
US Yields Boost Dollar, Weaken Yen
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