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Gold Price Forecast: XAU/USD eyes worst week in a month amid hawkish Fed outlook

Gold is extending Thursday’s late rebound from the weekly low of $4,244 into Asia on Friday, but remains below $4,300. The bullion is headed for its worst week in four weeks amid a hawkish US Federal ...

Japanese Yen recovers from three-week low vs USD amid looming intervention risk

The USD/JPY pair drifts lower during the Asian session on Friday, stalling its recent strong move up to a three-week high, near the 159.00 mark, touched the previous day.

Australian Dollar flatlines near 0.7000 as traders assess Trump-Xi summit

The AUD/USD pair holds steady around 0.7010 during the early Asian trading hours on Friday. Traders continue to assess the developments surrounding the US President Donald Trump and Chinese President ...

Japan’s Katayama says BoJ's latest rate hike was done to achieve inflation target

Japanese Finance Minister (FM) Satsuki Katayama said on Friday that the latest rate hike from the Bank of Japan (BoJ) was done to achieve the inflation target. Katayama added that she expects the cent ...

Canadian Dollar weakens amid falling oil prices, stronger US Dollar

USD/CAD extends its gains for the fifth consecutive day, trading around 1.4140 during Asian hours on Friday. The pair appreciates as the commodity-linked Canadian Dollar (CAD) faces downward pressure ...

British Pound consolidates above 1.3200, its lowest since late June against a bullish USD

The GBP/USD pair edges higher during the Asian session on Friday, trading above its lowest level since June 29, around the 1.3200 neighborhood, touched the previous day.

Euro posts modest lossess on rising Fed hike odds, Middle East tensions

The EUR/USD pair trades with mild losses near 1.1375 during the early Asian trading hours on Friday. The US Dollar (USD) strengthens against the Euro (EUR) amid hawkish signals from the Federal Reserv ...

WTI drops to near $92.50 on potential US-Iran deal

West Texas Intermediate (WTI) oil price declines after two days of gains, trading around $92.60 per barrel during Asian hours on Friday.

China's President Xi says Beijing and US should seek new ways for major countries to coexist

Chinese President Xi Jinping stated during his visit to Washington that Beijing and Washington must find a proper way to coexist peacefully and act as partners rather than rivals, the Financial Times ...

Saudi Civil Defence issues warning over possible threat in Jazan

Yemen's Houthi claimed on Thursday that it launched dozens of ballistic missiles and drones at Saudi military installations in the kingdom's southwestern Jazan region, the Saudi-led coalition in Yemen ...

Gold declines below $4,300 as rising oil prices and hawkish Fed stance dampen appeal

Gold price (XAU/USD) declines to near $4,275 during the early Asian session on Friday.

United Kingdom GfK Consumer Confidence above forecasts (-16) in September: Actual (-13)