FX:EURUSD EUR/USD is holding higher ground above 1.0850 in the European session on Tuesday. The US Dollar sees fresh selling amid the extended pullback in the US Treasury bond yields and a cautious market mood, lending support to the pair. Focus shifts to more Fedspeak.
OANDA:XAUUSD Gold price attracts some buyers for the third straight day on Tuesday – also marking the tenth day of a positive move in the previous eleven – and climbs to a fresh all-time peak during the first half of the European session.
OANDA:XAUUSD Gold price trades close to all-time highs with eyes on US inflation data for March. The US monthly headline and core CPI are projected to have increased at a slower pace of 0.3% in March.
OANDA:GBPJPY The FXStreet Forecast Poll about GBP/JPY ( Pound Japanese Yen) is a sentiment tool that highlights our selected experts' near and medium term mood and calculates trends according to Friday's 15:00 GMT price.
OANDA:XAUUSD Gold retreated below $2,340 after failing to stabilize above this level in the European session. The benchmark 10-year US Treasury bond yield stays in positive territory above 4.5%, making it difficult for XAU/USD to gather recovery nomentum.
FX:GBPAUD GBPAUD: Very Bearish OutlookThe GBPAUD recently broke and closed below a support line in a bearish flag pattern on an intraday chart. This could potentially lead to a trend-following movement. The next targets to watch for are around 1.929 and 1.925.
OANDA:XAUUSD Gold price’s (XAU/USD) rally pauses after refreshing all-time highs near $2,305 amid uncertainty ahead of the release of the United States Nonfarm Payrolls (NFP) data for March. The labor market data is expected to influence market expectations for the Federal Reserve (Fed) rate cuts, which financial markets are currently anticipating for...
Gold peaked beyond $2,300, should correct before a new leg north Gold stays in a consolidation phase and trades below $2,290 after reaching a new record-high above $2,300 earlier in the day. The benchmark 10-year US Treasury bond yield holds steady above 4.3% ahead of Fedspeak, limiting XAU/USD's upside.
GBP/USD retreated below 1.2650 after rising above that level earlier in the session. Disappointing consumer sentiment data from the US and rising US stocks, however, caps the US Dollar's gains and allows the pair to limit its losses.
OANDA:XAUUSD Gold gathered bullish momentum and climbed to a new all-time high above $2,320 on Friday. Although the upbeat March jobs report from the US helps the USD find demand, XAU/USD continues to benefit from escalating geopolitical tensions.
USD/JPY’s next move depends on the actions of the Fed, according to a BofA strategist. If the Fed cuts the USD/JPY could fall to 142; if not it could rally higher. Intervention is like “leaning against the wind” if the Fed decides not to cut, the market will press higher.
XAUUSD Gold reversed its direction and rose above $2,280 after correcting lower toward $2,260 in the European session. The broad-based selling pressure surrounding the US Dollar provide a boost to XAU/USD despite rising US T-bond yields.
EUR/USD is keeping its side trend intact in the European hours on Easter Monday. The pair lacks a clear directional impetus amid thin liquidity conditions and a broadly muted US Dollar, as investors weigh June Fed rate cut bets ahead of US PMI data.
GBP/USD trades sideways above 1.2600 amid a widespread holiday restraining action across financial markets. Investors took a long weekend ahead of critical United States employment data next week. Fed Chair Powell coming up next.
Spot Gold resumed its advance on Tuesday, resulting in XAU/USD reaching a fresh all-time high of $2,276.90 in the American session. The US Dollar pared gains at the beginning of the day and lost some additional ground after Wall Street’s opening, despite generally upbeat United States (US) data and the poor performance of US indexes.
Gold price holds near a fresh all-time high at $2,236 in thinned trading amid the Easter Holiday. Most major world markets remain closed, although the United States published core PCE inflation, the Federal Reserve’s favorite inflation gauge.
Bitcoin’s (BTC) upward momentum has shown a significant decline for the past two weeks or so. This development led to a bearish signal on the weekly and an uncertain outlook on the monthly. As a result, BTC might not be clear of potential sell-offs.
Gold price keeps advancing on Thursday, now trading around $2,215. The XAU/USD pair is up for a fourth consecutive day and flirts with record highs as market players assess the latest comments from Federal Reserve (Fed) officials. Late on Wednesday, Fed Governor Chris Waller said he is not in a rush to cut the policy rate, as recent data suggests the central bank...