Gold Price Weekly Outlook: XAU/USD Fate in the Hands of US CPI?
Gold prices get their shine back but will upcoming US CPI data limit upside? XAU/USD bulls look to hold onto 1850 as support.
US Dollar Forecast: Inflation Data May Revive Rally but SVB Meltdown Poses Risks
The US dollar has given up all the gains induced by Powell's hawkish comments due to a slump in yields following the SVB meltdown, but US inflation data could revive…
GBP/USD IG Client Sentiment: Our data shows traders are now net-short GBP/USD for the first time since Feb 28, 2023 18:00 GMT when GBP/USD traded near 1.20.
Traders are further net-short than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger GBP/USD-bullish contrarian trading bias.
US Economy Adds Strong 311,000 Jobs, Wages Grow Less Than Expected
The U.S. economy created 311,000 jobs in February versus 205,000 expected, but wages grew less than anticipated, an encouraging signal for the Fed
Oil Price Update: WTI and Brent Eye Fourth Consecutive Day of Losses
Oil prices continued their decline in the European session in what has been a tough week for the commodity. Where to next for Oil?
British Pound Latest: UK Economy Expands in January, US Jobs Data Key for GBP/USD
Sterling picked up an early bid after the latest GDP figures showed that the UK economy grew by more than expected at the start of the year.
Gold Rises Amid SVB Nervousness and NFP Data at 13:30 GMT
Gold whipsawed this week as Fed speak bolstered rate hike expectations and the US dollar while signs of unease in the labor market suggests policy ought to be reined in
Euro Price Forecast: German CPI Boosts EUR/USD Ahead of NFP and the ECB’s Christine Lagarde
EUR/USD prepares for an eventful day after a positive start to the morning post-German CPI.
Gold Prices Soar as US Bank Sector Woes Sink Bond Yields, Eyes on NFPs Next
Gold prices gained on Thursday as US bank sector woes ate into Federal Reserve rate hike expectations, sinking Treasury yields. Ahead, XAU/USD turns to the non-farm payrolls report.
Japanese Yen Plunges Vs US Dollar As BOJ Keeps Policy Settings Unchanged
USD/JPY jumped after the Bank of Japan left interest rates unchanged and maintained its current bond-yield curve control policy settings.