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Gold Price Forecast: XAU/USD lacks bullish conviction amid US-Iran impasse, ahead of US jobs data

Gold is attempting a tepid bounce around $4,050 in Asian trading on Tuesday, stalling a two-day decline amid looming US-Iran risks, as markets brace for a slew of US jobs reports due later this week. ...

Japanese Yen gathers strength as US, Japan confirm rare joint intervention

The USD/JPY pair edges lower to around 157.40 during the early Asian trading hours on Tuesday.

Japan Monetary Base (YoY) declined to -13.8% in July from previous -13.7%

Mexican Peso outpace broad US Dollar strength, ahead of Banxico’s day

The Mexican Peso gains ground versus the US Dollar on Monday as risk appetite increases the carry-trade appeal of the emerging-market currency, while traders await the release of the Bank of Mexico (B ...

XAU/USD Price forecast: Gold remains depressed above $4,000

Spot Gold trades in the $4,030 price zone, little changed from Friday’s close, yet down on Monday after starting the week with a bullish gap. The US Dollar (USD) eased throughout the first half of the ...

Weekly technical outlook – USD/JPY, EUR/USD, GOLD [Video]

·   USDJPY sinks below 200-SMA as Japan fires intervention ahead of NFP

WTI Oil plunges as Trump revives US-Iran peace hopes

West Texas Intermediate (WTI) US Oil trades around $78.45 at the time of writing on Monday, down 7.76% on the day, as investors unwind the geopolitical risk premium following announcements of a potent ...

Silver price falls as stronger US PMI reinforces hawkish Fed expectations

Silver (XAG/USD) trades around $57.20 at the time of writing on Monday, down 0.73% on the day, after a strong US manufacturing report reinforced expectations that the Federal Reserve (Fed) will mainta ...

United States Construction Spending (MoM) below forecasts (0.2%) in June: Actual (-0.1%)

Canadian Dollar weakens on Oil price slump as markets eye data releases

USD/CAD trades around 1.4040 on Monday at the time of writing, up 0.14% on the day as the Canadian Dollar (CAD) comes under pressure following a sharp decline in Oil prices.

Brazil S&P Global Manufacturing PMI down to 47.5 in July from previous 50.8

Japanese Yen holds firm after coordinated US-Japan intervention

USD/JPY steadies on Monday after a sharp decline at the weekly open fuelled speculation that authorities may have stepped into the market again following last week’s coordinated intervention by Japan ...