Gold stumbles after peaking at $2,391 amid revived risk appetite. Mixed US jobs data fuel speculation of an imminent Federal Reserve rate cut. China’s PBoC halts...
Gold weakens as fears Trump could win the next presidency weigh on bond markets. A fear of increased inflation under a Trump presidency with the consequent...
A hung parliament was widely expected in France, but the surprise win by the left-wing coalition may cause market concern ahead of coalition talks. Still, Macron’s party coming...
The dollar is modestly stronger out of the weekend as a surprise win of the left-wing alliance in the French second-round legislative elections sent European currencies...
The Mexican Peso rises in its most-traded pairs as political risk impacts counterparts. The Greenback strengthens as a result of a higher probability of Trump winning...
Gold price leaped over 1% to $2,385, spurred by mixed US NFP data and heightened Fed rate cut speculation. June NFP surpasses forecasts, yet revisions for...
Despite Pound Sterling’s (GBP) limited reaction to the UK election result, the drop in the value of the US Dollar (USD) over the past couple of...
USD/CHF is falling on US Dollar weakness as data out of the US paints a picture of a cooling US economy. Recent services’ sector and labor-market...
The Mexican Peso continues rallying against the US Dollar and makes more muted gains against European counterparts. The Greenback is losing ground after a run of...
Gold extends its positive run as the probability of the Federal Reserve lowering interest rates increases. A run of weak data from the US indicates inflationary...
Gold prices edge up 0.15% amid thin trading on US Independence Day. XAU/USD reached a two-week high of $2,365 Wednesday, driven by weak US jobs data...
The Pound Sterling (GBP) has rebounded against the US Dollar (USD) so far this week ahead of today’s UK election, MUFG FX strategists note. GBP/USD benefits...
Gold closes above the 50-day SMA after the release of weak US data increases bets the Fed will lower interest rates. Lower interest rates are positive...
The Mexican Peso drifts higher after comments from Banxico Deputy Governor Heath suggesting interest rates should remain elevated. EUR/MXN and GBP/MXN trade flatter as European political...
Gold climbs, spurred by weak US economic data and rising Fed rate cut expectations. FOMC Minutes: readiness to hike rates if inflation persists, but current policy...
Yield differentials seem important to the USD/JPY outlook. FX intervention may be on the cards again very soon because the Japanese Yen (JPY) is weak, weighing...
Today is the last day of the Sintra summit, which will include comments by ECB’s Lagarde, Luis de Guindos, Piero Cipollone, Philip Lane and Klaas Knot,...
Gold is breaking above the 50-day SMA following a dovish speech by Fed Chairman Jerome Powell. Multiple geopolitical factors suggest a broadly bullish backdrop for the...
Gold falls 0.28%, reacting to Powell’s ECB forum remarks. Powell is cautiously optimistic on disinflation, emphasizes need for more progress before rate cuts. US Treasury yields...
The Reserve Bank of Australia (RBA) published the minutes of its 18 June policy meeting last night that confirmed that board ultimately saw the case for...