Gold is trading in a narrow range as the outlook for a key driver – US interest rates – remains opaque. The Fed continues to weigh...
Gold remains steady, unaffected by rising US Dollar and Treasury yields. Mixed US manufacturing data: S&P PMI expands, ISM PMI contracts for third consecutive month. US...
The Mexican Peso weakens a percent against the Euro after preliminary results from Sunday’s French election. The far-right National Rally failed to win as many votes...
Gold consolidates in a range amid investor uncertainty over when the Fed will cut interest rates. Despite falling inflation, Fed officials are reluctant to commit to...
Gold falls from daily highs, pressured by elevated US Treasury yields. May US PCE Index meets forecasts, fuels hope for 2024 Fed rate cuts. US 10-year...
The Mexican Peso recovers despite a dovish tilt to the Banxico policy meeting on Thursday. A change in the distribution of voting and language of the statement...
USD/CAD trades flat at around 1.3700 after a big data day for the pair. Canadian GDP showed a 0.3% rise in April suggesting a strong economy. ...
Gold rises after the release US PCE inflation data on Friday, despite readings falling in line with estimates. The steady decline in inflation as well as...
Gold rises after the release US PCE inflation data on Friday, despite readings falling in line with estimates. The steady decline in inflation as well as...
Gold climbs as USD falls, Treasury yields dip. XAU/USD rebounds from two-week low following inflation data from Canada and Australia. DXY drops 0.12% to 105.91, off...
Gold bounces off the psychologically important $2,300 level after another leg of selling. The pair continues to be pressured by a higher-for-longer outlook on interest rates...
The Mexican Peso drifts lower on the eve of the Bank of Mexico policy meeting. The overwhelming majority of economists don’t expect the Banxico to cut...
Gold weakens after several Federal Reserve officials voice their reluctance to cut interest rates yet. The market continues to see a high probability of a cut...
The US Dollar (USD) continues to lack a significant trend and remains to the topside of a two-month trading range. US interest rate volatility remains subdued...
Gold reverses gains after hitting daily high of $2,368, down more than 1.70%. Strong US S&P Global PMI data boosts the US Dollar, with the DXY...
USD/JPY rallies to over 159 as US Dollar gains on hawkish Fedspeak and weakening Yen. Slide in Japanese underlying inflation suggests BoJ will not be able...
The Mexican Peso finds support after investors welcome incoming-President Sheinbaum’s cabinet picks. Marcelo Luis Ebrard Casaubón will take the Economy portfolio. High interest rates and a...
Gold pares earlier gains on Friday following the release of higher-than-expected US PMI data. The data showed US Manufacturing and Services activity remaining strong, suggesting inflation...
The Pound Sterling prints red bars on traders’ screens after the Bank of England meeting. The bank leaves interest rates unchanged and keeps the same 7-2...
Gold demand increases from investors bundling into safety as geopolitical risks escalate. Israel’s threat of “all-out war” with Lebanon and Russia’s signing of an alliance with...