XAUUSD Forex News
Soft PCE Boost Equity Market
The soft PCE reading last Friday boosted the U.S. equity market, with the expectation of a more dovish Fed monetary policy in the future.
PU Prime
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9h 2min ago
All Eye on Today’s PCE Reading
All attention now turns to the crucial PCE reading, the Fed’s preferred inflation gauge, which is expected to have a direct impact on the dollar.
PU Prime
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3 days ago
Dollar Fuels by Strong Treasury Yield
The U.S. 7-year note auction held yesterday saw tepid demand for long-term Treasury yields, resulting in a decline in bond prices and pushing bond yields higher.
PU Prime
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4 days ago
Oil prices Bullish As Geopolitical Tension Escalates
Geopolitical tensions in the Middle East have intensified, driving oil prices up by more than 3% since the start of the week.
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5 days ago
Gold prices edge towards $2351 amid weakening US Dollar
Gold prices are on an upward trajectory, moving towards 2351.00 USD per troy ounce on Tuesday. This marks a significant rise after days of sideways movement, highlighting the metal's renewed appeal among investors.
RoboForex
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6 days ago
Commodity prices Surge as Geopolitical Tension Rise
The market saw muted activity as both the U.S. and the U.K. observed public holidays in yesterday's session. The dollar index (DXY) edged lower, failing to hold above the 104.50 level. This decline comes as the market anticipates signs of cooling U.S. inflation ahead of the PCE reading due on Friday.
PU Prime
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6 days ago
Dollar Dips Ahead of Key Data, Fed Insights
The Dollar Index dipped as investors took profits ahead of key economic data and events later this week
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7 days ago
Dollar Gain on Hawkish Fed Prospect
U.S. PMI readings beating market expectations came to its highest level in 2 years, fuels dollar upward momentum.
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10 days ago
Gold falls from highs
The price of gold fell to $2370.00 per troy ounce by Thursday following the release of the minutes from the latest US Federal Reserve meeting. The general tone of the Fed's policymakers was notably cautious, aligning with previous calls for a restrained approach to monetary policy.
RoboForex
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11 days ago
Dollar Surge on Hawkish FOMC Meeting Minutes
The U.S. dollar has strengthened, with the Dollar Index (DXY) climbing to its highest level this week, fueled by hawkish FOMC meeting minutes released in the last session. The minutes revealed that some members doubted whether the current interest rate level is sufficient to bring inflation down to the 2% target, leading to a jump in both U.S. Treasury yields and the dollar's strength.
PU Prime
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11 days ago
