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Gold Price Forecast: XAU/USD looks north towards $1,782 ahead of Jackson Hole
Gold price extends its recovery rally into a fourth straight day on Thursday. Profit-taking on US dollar longs ahead of Jackson Hole...
Brianna Lizeth
Aug 25, 20221 min read
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Euro slips towards two-decade low as high gas prices adds to growth fears
The euro was within a whisker of a two-decade low on Wednesday amid growing recession fears fuelled by a possible energy supply crunch,...
Brianna Lizeth
Aug 24, 20221 min read
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Gold Prices Steady Above $1750 as Dollar Stalls, Fed in Focus
Gold prices held recent gains on Wednesday as the dollar retreated slightly on weak economic data, with focus now turning to commentary...
Brianna Lizeth
Aug 24, 20222 min read
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Oil climbs as tight supply moves back into focus
Oil rose $1 a barrel on Tuesday as tight supply moved back into focus as a result of Saudi Arabia floating the idea of OPEC+ output cuts...
Brianna Lizeth
Aug 23, 20222 min read
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Gold Price Forecast: XAU/USD could react significantly in either direction depending on Powell's ton
Gold snapped a four-week winning streak as it lost more than 2%. As focus shifts to key data releases from the US and central bankers'...
Brianna Lizeth
Aug 22, 20221 min read
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Gold Price Forecast: China, recession concerns probe XAU/USD rebound above $1,751
Gold price portrays corrective pullback amid sluggish Asian session. Fears of economic slowdown in China, firmer yields exert downside...
Brianna Lizeth
Aug 18, 20222 min read
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Gold Price Forecast: XAU/USD to suffer a capitulation event – TDS
Is this the start of the pain trade in gold? As gold prices trade towards their pandemic-era entry levels, some traders’ complacent...
Brianna Lizeth
Aug 17, 20221 min read
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Dollar Edges Higher; Recession Fears Boost Safe Haven
The U.S. dollar edged higher in early European trade Tuesday, remaining near a one-week high as global recession fears prompted demand...
Brianna Lizeth
Aug 16, 20222 min read
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Gold Price Forecast: XAU/USD eases from one-month high ahead of the US NFP report
Gold edges lower on Friday and erodes a part of the overnight gains to a one-month high. A modest USD strength turns out to be a key...
Brianna Lizeth
Aug 5, 20222 min read
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Dollar Hands Back Some Gains; Pound Edges Higher Ahead of BOE Meeting
The U.S. dollar handed back some of its earlier gains in European trade Thursday, while the pound was flat ahead of the latest Bank of...
Brianna Lizeth
Aug 4, 20222 min read
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Taiwan Dollar Dips as China Tensions Persist, USD Boosted by Hawkish Fed
The Taiwan dollar fell the most among Asian currencies on Wednesday as concerns over a U.S.-China standoff persisted, while a sharp rise...
Brianna Lizeth
Aug 3, 20222 min read
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Gold Prices Jump on Safe Haven Demand, Copper Sinks 1%
Gold prices rose on Tuesday as signs of weakening economic activity across the globe drove demand for the safe haven, while copper prices...
Brianna Lizeth
Aug 2, 20222 min read
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Gold Price Forecast: XAU/USD jumps to fresh multi-week high amid broad-based USD weakness
Gold turns positive for the fourth straight day and climbs to a fresh multi-week high. The prevalent USD selling bias continues to...
Brianna Lizeth
Aug 1, 20222 min read
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Dollar Falls to Six-Week Low Versus Yen; Rate Hike Expectations Drop
The U.S. dollar edged lower Monday, weakening especially against the Japanese yen as the market reassessed the Federal Reserve’s...
Brianna Lizeth
Aug 1, 20222 min read
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Euro Gains Against Dollar as Fresh Eurozone Economic Data Looms
The euro inched higher against the dollar on Friday, with investors weighing key European economic data as well as the implications of...
Brianna Lizeth
Jul 29, 20222 min read
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Gold price climbs to two-week high amid the post-FOMC USD selling, focus shifts to US GDP
Gold price scales higher for the second successive day and climbed to over a two-week high. The post-FOMC USD selling bias remains...
Brianna Lizeth
Jul 28, 20222 min read
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Dollar Slips as Traders Weigh Powell Comments on Future Rate Hikes
The dollar lost ground on Thursday as investors digested an as-expected 75 basis point interest rate rise by the Federal Reserve and eyed...
Brianna Lizeth
Jul 28, 20222 min read
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Gold Price Forecast: XAU/USD rebound needs validation from $1,730 and Fed Chair Powell
Gold price bounces off intraday low, snaps two-day downtrend as traders await FOMC. US dollar retreat amid headlines concerning US-China...
Brianna Lizeth
Jul 27, 20222 min read
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EUR/USD bounces off lows near 1.0100, FOMC in sight
EUR/USD partially reclaims ground lost following Tuesday’s pullback. Germany GfK Consumer Confidence worsened to -30.6 in August....
Brianna Lizeth
Jul 27, 20222 min read
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Dollar Down Despite a Potential U.S. Interest Rate Hike
The dollar was down on Tuesday morning in Asia ahead of the U.S. Federal Reserve policy decision. The U.S. Dollar Index that tracks the...
Brianna Lizeth
Jul 26, 20222 min read
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