The Mexican Peso is weakening as international investors unwind the Peso-favorable “carry trade”. A negative spell of data has further weakened the Peso as Banxico sets...
Gold extends correction and slides down to a technical range floor. The precious metal shrugs off the global growth fears that normally incentivize investors to hoard...
Gold touches $2,432, then stabilizes under $2,400, pressured by US 10-year yields at 4.274%. FedWatch Tool forecasts 100% chance of a 25 bps rate cut in...
Gold is trading higher as stagflation fears bite, suggesting inflation may remain elevated amid slower growth. The nomination of Kamala Harris as the Democrat presidential candidate...
Gold price climbs above $2,400, ending a four-day losing streak amid falling US Treasury yields. Traders await crucial economic data, including June’s inflation and Q2 GDP,...
Gold drops to $2,399, down 1.50%, after hitting a high of $2,447. Concerns over China’s economic growth and Trump’s election prospects boost the Greenback. US Dollar...
The ECB decision and the subsequent press conference by ECB President Christine Lagarde were essentially non-events in terms of content. The ECB is largely satisfied with...
AUD/USD falls more than 1.30% in the week on risk-off mood. China’s weaker-than-expected growth figures in Q2 and Iron ore prices are a headwind for the...
Gold is down more than 0.50% amid anticipation of a September Fed rate cut. US jobless claims exceed forecasts, suggesting economic slowdown and favoring lower rates....
As universally expected, the ECB left its policy rates on hold at today’s meeting. The tone of the statement was roughly unchanged, but there were some...
Gold prices fall to $2,457 after hitting an all-time high of $2,483 due to profit-taking. Fed officials signal potential rate cuts; Governor Waller suggests downward trend...
The Mexican Peso is trading lower against its main counterparts amid data releases and changing interest rate expectations. MXN is weakening against the USD after a...
Gold is rising as expectations firm of falling interest rates in the US – a positive for the precious metal. Fed’s Adriana Kugler says a combination...
Gold price hits an all-time high of $2,469 on growing expectations of a Fed rate cut in September. Trump’s potential election win fuels market volatility, driving...
Gold corrects back after the release of stronger-than-expected US Retail Sales data for June. The precious metal had been rallying after the Chairman of the Fed...
Gold extends gains for a third week, rising 0.51% to $2,422. Fed Chair Powell’s cautious comments on inflation and rate cuts subtly influence market sentiment. US...
Gold price sticks to key support level, set for third consecutive weekly gain on Fed rate cut expectations. US PPI rises above estimates; University of Michigan...
The Mexican Peso trades mixed in key pairs after the release of the Banxico June meeting Minutes. The Peso is higher against the US Dollar but...
Gold is pulling back after the stellar gains made on Thursday following the surprise fall in the US inflation rate in June. Cooling inflation implies a...
Gold skyrockets above $2,400 after softer US CPI sparks hopes for Fed rate cuts in 2024. US 10-year Treasury yield drops 10 basis points to 4.187%,...