Gold Prices Hover Near Two-Month Low Amid Strong Dollar and Rising US Bond Yields
Gold prices remain in heavy sell-off amid ongoing Trump trade tensions. Optimism about strong U.S. economic growth pushed the dollar into the new year on Thursday. The rise in US…
EUR/AUD Price Outlook: Bearish Momentum Continues Around 1.6250
EUR/AUD fell to around 1.6250 during the Asian session on Wednesday. The cross is forming a bearish trend below the 100-period EMA and the RSI indicator is in a bearish…
Gold Struggles Near One-Month Low as USD Strengthens, Bears Target $2,600 Break
Gold prices remained near their lowest levels since Oct. 10. The Trump-related market has kept bond yields near multi-month highs, putting pressure on XAU/USD. Rising US bond yields have raised…
GBP Experiences Volatility Ahead of UK Employment Report
Average earnings excluding bonuses are expected to rise by 4.7% from 4.9% previously. Slower wage growth will increase expectations for further Bank of England rate cuts as it signals a…
Gold Price Gains Momentum as Investors Eye Upcoming US NFP Data
Gold prices traded in the positive territory in the Asian session on Friday. Uncertainty over the US election and regional risks are supporting gold prices, but a recovery could cap…
USD/CHF Holds Near 0.8650 with Potential Upside as US Treasury Yields Rise
USD/CHF will gain further value as US Treasury yields rise and the US dollar strengthens. The dollar was also supported by market caution ahead of the US presidential election. Safe-haven…
Silver Price Outlook: XAG/USD Nears $34.00 Driven by Geopolitical Tensions and Upcoming US Election
Silver prices rose 0.71% to $33.90 on European markets on Tuesday. Rising concerns over rising tensions in the Middle East and uncertainty surrounding the US presidential election are likely to…
NZD/USD Price Dips Further as 0.6000 Support Breaks
NZD/USD fell further, dropping below 0.6000. The oversold RSI points to a possible recovery but the downside is still strong. The pair is trading at lows not seen since August.…
Silver Price Outlook: XAG/USD Approaches $34.00, Yet Stays Below Multi-Year High
The fund has gained significantly after pulling back overnight from a 12-year high. A move above $34.25-34.30 is needed to support hopes of more gains. A drop could attract the…
Gold Prices Rise Slightly as US Bond Yields Fall and Dollar Weakens
Gold is gaining momentum and is continuing its pullback from all-time highs overnight. The decline in US bond yields has led to some gains in the US dollar, which is…
