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Forex
Gold recovers back above $2,500 after US job’s data
Gold recovers after the release of under par US job’s data stokes fresh concerns about a hard landing.
The probability the Fed will cut interest rates by…
BoJ’s Takata: If economy, prices move in line with our forecast, will adjust policy rate in several stages
Bank of Japan (BoJ) Board Member Hajime Takata is back on the wires early Europe on Thursday, noting that “if the economy, prices move in line with our…
United Arab Emirates Gold price today: Gold steadies, according to FXStreet data
Gold prices remained broadly unchanged in United Arab Emirates on Thursday, according to data compiled by FXStreet.
The price for Gold stood at…
Australian Dollar remains stronger following the hawkish remarks from RBA Bullock
The Australian Dollar continues to face downward pressure following the release of Trade Balance data on Thursday.
Australia’s Trade Balance posted a…
Pound Sterling Price News and Forecast: GBP/USD sticks to modest gains around mid-1.3100s
GBP/USD sticks to modest gains around mid-1.3100s, below weekly top set on Wednesday
The GBP/USD pair trades with a positive bias around mid-1.3100s during…
Gold price consolidates below $2,500 as traders await more US labor market data
Gold price continues to draw support from bets for a 50 bps Fed rate cut in September.
Falling US bond yields and softer USD also act as a tailwind for the…
WTI drops below $69.00 amid demand fears and uncertainty over OPEC+ production
WTI price falls to fresh YTD lows of $68.85 in Thursday’s early Asian session.
OPEC+ could delay the planned oil output increase.
Concerns of weak demand…
AUD/USD weakens below 0.6750 ahead of RBA’s Bullock speech
AUD/USD trades on a weaker note near 0.6720 in Thursday’s early Asian session.
The weaker US Job Openings data suggested continued cooling in the US job…
Silver Price Forecast: XAG/USD rebounds above $28.00, remains sideways
XAG/USD climbs to $28.21, reclaiming the key $28.00 level after US JOLTS data hints at rate cuts.
Momentum remains flat despite a bullish RSI, with key…
Forex Today: All the attention goes to the US labour market
The Greenback succumbed to expectations of a potential 50 bps rate cut by the Fed later this month after data signalled further cooling in the US labour…