XAUUSD Forex News
Eyeing on Today’s Euro CPI
euro traders are keenly awaiting today's CPI reading to gauge the euro's price movement amid softening U.S. dollar.
PU Prime
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3h 4min ago
Soft CPI Hammers Dollar to Monthly Low
Yesterday’s U.S. inflation gauge, CPI, rattled financial markets as the dollar index (DXY) plunged nearly 1% and equity markets jumped following a reading below market consensus.
PU Prime
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1 day ago
Why Isn't the Media Discussing the Basel III Act and Its Potential Impact on Gold Prices?
With gold reaching near-record highs and witnessing a surge in demand for gold ETFs worldwide, it has become a focal point. However, amidst this bullish momentum, year-to-date net outflows of $5.4 billion suggest a nuanced market sentiment, indicating that some investors are taking advantage of the elevated prices.
ACY Securities
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2 days ago
Gold Surge on Soften Dollar
gold prices rebounded strongly on the back of the softening U.S. dollar, while oil prices remained steady.
PU Prime
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2 days ago
Japan’s Long-term Treasury Yield Surge
In the most recent trading session, asset classes remained largely unchanged as markets awaited key U.S. inflation data. The Producer Price Index (PPI) is set for release today, followed by the Consumer Price Index (CPI) tomorrow.
PU Prime
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3 days ago
BoJ Trim Bond Buying Amid Weakening Yen
Japanese authorities reduced their bond purchases in regular operations in response to the significant depreciation of the yen.
PU Prime
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4 days ago
Soft U.S. Job Data Hammers Dollar
the dollar's upward momentum was abruptly halted by the release of the latest U.S. Initial Jobless Claims data, which surged to levels unseen since last November.
PU Prime
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7 days ago
Hawkish Fed’s Comment Strengthen the Dollar
the U.S. Dollar Index (DXY) has experienced a resurgence, presently holding above the 105 mark. This strength is supported by a hawkish tone from Federal Reserve officials,
PU Prime
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9 days ago
Yen Drop on Japan FX Officials Comment
The U.S. equity market continued its upward trajectory, buoyed by growing optimism surrounding potential interest rate cuts by the Federal Reserve later this year, following the release of softer-than-expected nonfarm payroll data last Friday, indicating a slowdown in economic performance. Japan's Nikkei 225 index surged over 1% this morning upon returning from Monday's holiday.
PU Prime
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10 days ago
Soft NFP Spurs Stock Market
Last Friday saw a notable weakening in the dollar, with the dollar index (DXY) declining to its monthly low following the underwhelming U.S. Non-Farm Payroll (NFP) report
PU Prime
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11 days ago
