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Gold Price Forecast: XAU/USD retreats from $1,950 as USD Index rebounds firmly, US Employment in focus

Gold price (XAU/USD) witnessed extreme selling pressure after a short-lived pullback move to near $1,946.70 in the Asian session. The precious metal h
update2023.05.30 13:10

Gold Price Forecast: XAU/USD grinds near $1,970 amid Fed concerns, debt ceiling woes - Confluence Detector

Gold Price (XAU/USD) treads water around $1,975 heading into Wednesday's European session. In doing so, the precious metal portrays the market's inact
update2023.05.24 12:35

Explicit Argentine Peso devaluation in Q4-2023 - Wells Fargo

Economists at Wells Fargo discuss the Argentine Peso outlook. Argentine Peso will be the worst performing emerging market currency in 2023 "Despite sh
update2023.05.29 23:00

Gold Price Forecast: XAU/USD struggles near two-month low, bears flirt with 100-day SMA

Gold price comes under some renewed selling pressure on Tuesday and drops to its lowest level since March 17 during the early part of the European ses
update2023.05.30 16:28

US Dollar Index: DXY edges above 104.00 despite Biden-McCarthy debt ceiling agreement, US NFP eyed

US Dollar Index (DXY) makes rounds to 104.25-30 during early Monday as it struggles to cheer the US debt ceiling agreement amid uncertainty surroundin
update2023.05.29 09:01

Singapore: Manufacturing outlook remains weak - UOB

Senior Economist Alvin Liew at UOB Group assesses the latest results from Industrial Production in Singapore. Key Takeaways "Singapore's industrial pr
update2023.05.30 20:31

Gold Price Forecast: Softer US Dollar underpins XAU/USD rebound, focus on US politics, employment data

Gold Price (XAU/USD) keeps the previous day's corrective bounce off a short-term key support while making rounds to $1,960 amid Wednesday's Asian sess
update2023.05.31 10:00

China's Caixin Manufacturing PMI contracts further to 48.8 in May vs. 49.4 expected

China's official Manufacturing Purchasing Managers' Index (PMI) came in at 48.8 in May as against the 49.2 contraction seen in April, the latest data
update2023.05.31 10:33

EUR/NOK: The revival of consumer confidence could eventually help Krone to recover - SocGen

The NOK is the worst-performing G10 currency this year. But Norway falling inflation expectations can help the Krone, economists at Société Générale r
update2023.05.25 15:21

Gold Price Forecast: XAU/USD turns volatile after facing barricades around $1,950 amid hawkish Fed bets

Gold price (XAU/USD) is displaying topsy-turvy moves after facing stiff resistance around $1,948.00 post a less-confident pullback. The precious metal
update2023.05.29 07:44

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