Japanese Yen trades with mild negative bias against USD; eyes BoJ decision on Tuesday
The Japanese Yen ticks lower against the US Dollar for the second straight day on Monday. The prevalent risk-on environment…
Gold price remains confined in a narrow trading band below weekly high touched on Thursday
Gold price is seen consolidating its weekly gains registered over the past two days. Rebounding US bond yields and a…
EUR/JPY extends its downside below 154.50 ahead of ECB rate decision
EUR/JPY drops to the lowest level since October, near 154.35. The European Central Bank (ECB) is expected to hold the…
Gold price extends its consolidative price move near multi-week low, FOMC decision awaited
Gold price is seen consolidating its recent losses to a three-week trough. Reduced bets for a March Fed rate cut…
US CPI Data Preview: Inflation expected to soften again in November on declining Oil prices
The US Consumer Price Index is forecast to rise 3.1% YoY in November, down from the 3.2% increase recorded in…
Gold price languishes near two-week low, focus shifts to US CPI and key central bank meetings
Gold price remains under some selling pressure for the second successive day on Monday. Reduced bets for a March Fed…
US NFP Forecast: Nonfarm Payrolls gains expected to accelerate slightly in November
US Nonfarm Payrolls are likely to rise by 180K in November after October’s 150K increase. The US Dollar looks to…
USD/CAD holds above the 1.3600 mark ahead of US Jobless Claims data
USD/CAD drifts higher on the firmer US Dollar. The Bank of Canada (BoC) maintained its key overnight rate unchanged at…
Gold Price Forecast: XAU/USD finds buyers near $2,020, awaits US ADP jobs data
Gold price is picking up fresh bids near $2,020 as the US Dollar slips despite a risk-off mood. Positive US…
Gold price trades with modest gains amid dovish Fed hopes, weaker USD and softer risk tone
Gold price attracts fresh buyers and reverses a part of the overnight sharp fall from the record peak. Fed rate…