Gold Price Update: Negative Divergence Hints at Lower Prices, NFP Marked Recent Bottom Finance June 18, 2024 Gold (XAU/USD) News and AnalysisGlobal central banks indicated a continued willingness to increase gold holdingsGold remains within a downtrend since…
EUR/USD struggles near three-week low, seems vulnerable below 100-day SMA/1.0800 Finance June 10, 2024 EUR/USD drops to a multi-week low and is pressured by a combination of factors. The upbeat US NFP tempers Fed…
Gold price refresh monthly lows and dives after solid US NFP report Finance June 7, 2024 Gold falls to multi-week low after US labor market data exceeds expectations. China’s People’s Bank halts 18-month Gold buying spree,…
Japanese Yen consolidates as traders adopt caution before US NFP Finance June 7, 2024 The Japanese Yen moves sideways as investors turn cautious ahead of the US NFP. Japan’s Foreign-exchange reserves fell to $1,231…
Pound Sterling weakens against US Dollar as investors shift focus to US NFP Finance May 2, 2024 The Pound Sterling falls below 1.2500 despite the Fed’s guidance on interest rates was slightly less hawkish than expected. Fed’s Chair Jerome…