Gold Price Drops and Ends the Week Below $2,500 Before US Inflation Data
Gold pulled back after falling short of reaching its record high of $2,531 and dropping by over 0.80% during the…
The Dollar Surges Following the Mixed Picture Painted by the August US Payrolls Report
The U.S. dollar showed an unexpected recovery in the wake of the latest employment data for August, which presented a…
The Pound Has Made a Remarkable Recovery as US Job Vacancies Fall Short of Expectations
During the most recent trading sessions, the pound sterling has shown remarkable resilience, regaining its value against the dollar and…
As a Result of Positive Economic Statistics, the Dow Reaches a New High Record Closing
Stocks on Wall Street experienced a boost as the Dow achieved another record-breaking closing high on Friday. Tesla and Amazon…
Despite a Monthly Increase of More Than 2%, Gold Prices Fall as US Treasury Yields Jump
Gold prices witnessed a significant decline of over 0.90% on Friday, going below the $2,500 level for the second time…
The Emphasis of the Markets Is Now Focused on the US PCE
Increasing yields and stronger-than-anticipated results from GDP statistics and weekly labor market data helped the Greenback continue its upward trend,…
With US PCE Inflation Under Close Attention, Pound Sterling Falls to About 1.3200
The value of the British Pound (GBP) decreased from its highest point of 1.3266 against the United States Dollar (USD)…
After Powell Suggests That the Fed Is Ready to Cut Rates, EUR/USD Hits 1.13
As the US Dollar continues to experience widespread declines, the EUR/USD pair experienced a surge that resulted in a gain…