Gold Goes up on Weaker Than Expected US Data Even Though the USD Is Strong
Gold prices surged significantly towards the end of the North American session on Friday, increasing by over 1% despite the…
Oil Recovers From an Early-Day Loss After Crude Stocks Drop
The West Texas Intermediate (WTI) crude prices in the United States are getting close to reaching their lowest point in…
The Canadian Dollar Experienced a Decline on Tuesday as a Result of Risk-off Buying into the Greenback
As a result of a risk-off sentiment in the American market, which was triggered by higher-than-expected employment levels in the…
The Pound Falls Against the Dollar as the US Core PCE Inflation Rate Rises
In Friday’s early American session, the US dollar (USD) put downward pressure on the pound sterling (GBP) near the 1.2500…
Even Though It Has Recovered From Risk Aversion Lows, the Mexican Peso Continues to Remain Weak
The Mexican Peso continues to face pressure as it experienced a significant drop of nearly 5% against the US Dollar…
Gold Goes Up, but It Still Doesn’t Test $2,400 After the Fed Made Hawkish Comments
Gold prices ticked up towards the end of Tuesday’s North American session, increasing by 0.22% in response to a more…
Risk Aversion and a Strong USD Cause Gold to Retrace After Reaching an All-Time High Above $2,400
The price of Gold ended the week with slight increases of 0.59% following a record-breaking surge during Friday’s North American…
The USD/INR Gains Some Ground, and All Eyes Are on the US CPI Report
The Indian Rupee (INR) experiences a setback on Wednesday as the US Dollar (USD) makes a slight recovery. The markets…