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Markets
Gold price in Saudi Arabia: Rates on December 3
Gold prices rose in Saudi Arabia on Wednesday, according to data compiled by FXStreet.The price for Gold stood at 509.65 Saudi Riyals (SAR) per gram, up compared with the SAR…
Gold gains traction on dovish Fed outlook and USD weakness
Gold (XAU/USD) builds on the previous day's late rebound from the $4,164-4,163 area and gains some follow-through positive traction during the Asian session on Wednesday. The…
Australian Dollar rises as RBA hawkish stance offsets weak Q3 GDP
The Australian Dollar (AUD) prolongs a two-week-old uptrend against a broadly weaker US Dollar (USD) and touches a fresh high since November 13 during the Asian session on…
New Zealand Dollar gathers strength to near 0.5750 on upbeat Chinese PMI
The NZD/USD pair gathers strength near 0.5745 during the Asian trading hours on Wednesday. The New Zealand Dollar (NZD) edges higher against the US Dollar (USD) after the Chinese…
AUD/JPY holds losses below 102.50 on weak Australian GDP report
The AUD/JPY cross loses ground to near 102.25 during the early Asian session on Wednesday. The Australian Dollar (AUD) weakens against the Japanese Yen (JPY) following the…
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Gold falls to near $4,200 on profit-taking, traders await US data
Gold price (XAU/USD) tumbles to near $4,210 during the early Asian trading hours on Wednesday. The precious metal loses momentum as traders book profits ahead of the upcoming key…
EUR/USD jumps as growing Fed-cut bets and risk-on mood lift Euro
The EUR/USD registers modest gains of 0.12% late on Tuesday during the North American session, as risk-appetite improves. Expectations for another Fed rate cut in December and…
Gold retreats below $4,200 as traders cash out before Fed meeting
Gold (XAU/USD) dips some 0.80% on Tuesday as traders seem to be booking profits ahead of next week's Federal Reserve (Fed) monetary policy meeting, amid a firm US Dollar. At the…
President Trump tips hat toward Kevin Hassett as potential Fed Chair
US President Donald Trump teased that a possible pick from his list of potential Federal Reserve (Fed) Chair candidates could be Kevin Hassett, the current chairman of the National…