Tag: commodities

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Gold Price Outlook: Can XAU/USD Break Above $2,691 Resistance?

Gold Price Outlook: Can XAU/USD Break Above $2,691 Resistance?

Economists polled by Reuters predict a 2.9% annual rise in December CPI, compared to 2.7% in November. The monthly increase is projected at 0.3%, con [...]
US Dollar holds near multi-year highs ahead of key jobs report

US Dollar holds near multi-year highs ahead of key jobs report

Here is what you need to know on Friday, January 10: Following Thursday's quiet action in financial markets, the US Dollar (USD) [...]
US Dollar rally pauses ahead of Manufacturing PMI data

US Dollar rally pauses ahead of Manufacturing PMI data

Here is what you need to know on Friday, January 3: The US Dollar (USD) gathered strength to start the new year as trading condi [...]
Major pairs trade in familiar ranges on last day of 2024

Major pairs trade in familiar ranges on last day of 2024

Here is what you need to know on Tuesday, December 31: The action in financial markets remain subdued as the year comes to an en [...]
Mood remains upbeat to start holiday-shortened week

Mood remains upbeat to start holiday-shortened week

Here is what you need to know on Monday, December 23: Improving risk mood caused the US Dollar (USD) to lose interest heading in [...]
Fed-inspired USD rally pauses, eyes on PCE inflation data

Fed-inspired USD rally pauses, eyes on PCE inflation data

Here is what you need to know on Friday, December 20: After rising sharply on Wednesday, the US Dollar (USD) Index preserved its [...]
Fed rate decision, revised dot plot to trigger next big action

Fed rate decision, revised dot plot to trigger next big action

Here is what you need to know on Wednesday, December 18: Financial markets remain quiet midweek as investors stay on the sidelin [...]
Market players eye Australia’s jobs data, ahead of US PPI and jobless claims

Market players eye Australia’s jobs data, ahead of US PPI and jobless claims

The US Dollar surges as inflation data in the United States holds steady, with traders anticipating a quarter-point interest rate [...]
Markets remain cautious ahead of this week’s key events

Markets remain cautious ahead of this week’s key events

Here is what you need to know on Monday, December 9: Financial markets stay relatively calm early Monday as investors refrain fr [...]
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