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 the headline NFP and Average Hourly Earnings data for a…
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 Treasury bond yields could cap the Gold price rebound. All…
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 cut bets drag the US bond yields lower, which weighs…
Gold price sticks to modest gains, remains below multi-month top ahead of Fed’s Powell
Gold price regains positive traction on Friday and is underpinned by rising Fed rate cut bets. Growing concerns about a global economic downturn lend additional support to the metal. The…
USD/CHF moves on a downward trajectory near 0.8730, awaits Swiss Real Retail Sales
USD/CHF continues to lose ground as the US Dollar attempts to retrace recent gains. US GDP Annualized increased by 5.2% against the expected rise of 5.0% in Q3. Swiss ZEW…
Gold price advances to multi-month top as Fed rate cut bets continue to weigh on USD
Gold price gains positive traction for the sixth straight day and refreshes its multi-month top. Dovish Fed expectations, falling US bond yields and a bearish USD continue to lend support.…
USD/INR gains ground, Indian government keeps an eye on exchange rate
Indian Rupee retains a weak undertone on the USD demand. India’s finance minister said the government is monitoring the exchange rate, especially following the Indian Rupee’s decline. India’s Gross Domestic…
Gold price struggles for a firm near-term direction amid Fed rate uncertainty
Gold price is seen oscillating in a narrow trading band during the Asian session on Friday. Dovish Fed expectations continue to lend some support to the non-yielding yellow metal. A…
Gold price retreats further from monthly peak, downside potential seems limited
Gold price ticks lower after the FOMC meeting minutes struck a more hawkish tone. Subdued US Dollar price action could lend some support and help limit further losses. Repeated failures…
Gold price bulls look to seize control near two-week high ahead of FOMC minutes
Gold price catches fresh bids on Tuesday as dovish Fed expectations continue to weigh on the USD. The upbeat market mood also does little to hinder the positive move back…
