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Gold price consolidates below the confluence of the 20 and 50-day Simple Moving Averages (SMAs), each at $3,344-$3,348, ...
Global stocks fell and gold eased Thursday as investors stayed cautious ahead of the Federal Reserve’s three‑day Jackson Hole symposium, with attention on Fed Chair Jerome Powell’s Friday speech for ...
The US Dollar (USD) outperformed its peers on Thursday, gathering extra steam on the back of solid data releases and steady caution ahead of the critical speech by Chief Jerome Powell at the Jackson ...
The New Zealand Dollar (NZD) is finding its footing against the US Dollar (USD) on Thursday after heavy selling in the wake of the Reserve Bank of New Zealand’s (RBNZ) rate cut a day earlier, which ...
Forecast-beating PMI prints helped to limit losses, but markets remain concerned about rate cut forecasts.
Market players await fresh clues from policymakers amid the Jackson Hole Symposium. XAU/USD extends its consolidative phase, ...
The Euro (EUR) faced increased selling pressure on Thursday, with EUR/USD edging down toward the 1.1600 contention zone. The marked retracement came as the US Dollar (USD) rose sharply to multi-day ...
Banco de Mexico (Banxico) revealed the minutes of the August 7 monetary policy meeting, in which the central bank decided to reduce rates by 25 basis points (bps) to 7.75% on a vote split, with Deputy ...
The British Pound (GBP) extends its decline for the fourth consecutive day against the US Dollar (USD) on Thursday, with GBP/USD slipping below the 1.3450 level. At the time of writing, the pair is ...
US Q2 GDP – 28/08 –. the US economy rebounded strongly in Q2, more than reversing a modest decline in Q1 with an annualised 3% recovery. This rebound in economic activity was partly down to a reversal ...
Summary Sales still mired down by affordability challenges. The housing market is stuck in stasis. Total existing home sales rebounded 2.0% to a 4.0 million-unit pace in July. Alt ...
Silver (XAG/USD) extends its rebound for a second consecutive day on Thursday, although upside could be limited by a stronger US Dollar (USD) and firm Treasury yields. At the time of writing, the ...
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