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GBP/USD is clinging to recovery gains above 1.2450 in European trading on Thursday. The pair stays supported by a sustained US Dollar weakness alongside retreating US Treasury bond yields. Fed policymakers will speak later in the day.

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XAU/USD extends its recovery on Tuesday, approaching the $2,400 threshold mid-American session. Gold started the week on the back foot, sliding towards $2,324.12 on Monday, but slowly recovered the ground lost amid a persistently sour market mood. Market players keep dropping bets on a Federal Reserve (Fed) rate cut in July, currently betting on a roughly 41%...

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GBP/USD gains traction and advances toward 1.2500 in the European session on Monday. The US Dollar struggles to gather strength on hopes over the Iran-Israel conflict de-escalating and helps the pair edge higher.

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FXOPEN:XAUUSD Gold prices took a breather on Monday after hitting an all-time high in the previous session, as investors sought after safe-haven assets amid heightened conflict in the Middle East. Spot gold FXOPEN:XAUUSD was up 0.3% at $2,349.67 per ounce as of 1031 GMT. Prices hit a record high of $2,431.29 on Friday in anticipation of Iran's...

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EUR/USD dropped massively on Wednesday when US CPI data confirmed hotter, more stubborn inflation pressures. The shorter-term measures of inflation like the month-on-month comparisons revealed what appears to be hotter price pressures with added momentum. As such, the pair continues to plummet, gaining acceleration on Friday as the pair traded through 1.0700 with...

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Gold price (XAU/USD) preserved its bullish momentum and registered strong gains in the first three days of the week. Following a short-lasting correction on Thursday, the pair regained its traction and touched a new record high above $2,300 on Friday.

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EUR/USD went into a consolidation phase near 1.0850 after closing in positive territory on Monday. The near-term technical outlook points to a bullish tilt but investors could refrain from betting on an extended Euro recovery unless it clears 1.0870 resistance.

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Gold price (XAU/USD) attracts some buyers for the third straight day on Tuesday – also marking the tenth day of a positive move in the previous eleven – and climbs to a fresh all-time peak during the first half of the European session. The optimism over a possible ceasefire between Israel and Hamas fades rather quickly, which is evident from the cautious market...

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Gold price (XAU/USD) drifts lower for the second straight day on Friday and maintains its offered tone through the early part of the European session. The US Dollar (USD) builds on the overnight recovery from a nearly two-week low and remains well supported by hawkish comments from Federal Reserve (Fed) officials, which, in turn, undermines the commodity. Apart...

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Gold price (XAU/USD) drifts lower for the second straight day on Friday and maintains its offered tone through the early part of the European session. The US Dollar (USD) builds on the overnight recovery from a nearly two-week low and remains well supported by hawkish comments from Federal Reserve (Fed) officials, which, in turn, undermines the commodity. Apart...

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Gold's unstoppable rally continues on Wednesday, with the bright metal reaching a fresh record high just ahead of $2,300 a troy ounce. The US Dollar came under strong selling pressure following the release of the United States (US) ISM Services Purchasing Managers Index (PMI), which showed economic activity in the sector expanded in March for the 15th consecutive...

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OANDA:XAUUSD Spot Gold kept rallying on Tuesday, peaking at the beginning of the day at $2,304.81 a troy ounce, a fresh record high. The bright metal benefited from the broad US Dollar’s weakness as Federal Reserve (Fed) officials aligned beyond Chairman Jerome Powell and worked on cooling hopes for soon-to-come rate cuts. Despite the central bank having...

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Bitcoin (BTC) price action remains unchanged as it trades below the 2021 ATH for the fourth consecutive week. With Grayscale’s ETF outflows slowing down, investors expect a positive outlook for the crypto markets, but the short-term directional bias, at least from a technical perspective, remains bearish for BTC.

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Gold staged a deep correction and declined below $2,260, pressured by profit-taking after reached a new all-time high near $2,280. Additionally, rising US Treasury bond yields cause investors to refrain from betting on an extended rally in XAU/USD.

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GOLD Gold increased to an all-time high of 2223.00 USD/t.oz. Over the past 4 weeks, Gold gained 8.75%, and in the last 12 months, it increased 13.14%.

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GBP/USD is trading listlessly above 1.2600 in the European morning on Easter Monday. The pair finds support from a subdued US Dollar on the back of soft US Core PCE inflation data and increased bets of a June Fed rate cut. US PMI data are awaited.

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Gold price (XAU/USD) enters a bullish consolidation phase during the early European session and oscillates in a narrow band around the $2,260$2,265 region, or a fresh record high touched this Monday. Investors now seem convinced that the Federal Reserve (Fed) will start cutting rates in June and the bets were reaffirmed by the US Personal Consumption Expenditures...

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EUR/USD remains depressed below 1.0800 after soft French inflation data, amid minimal volatility and thin liquidity on Good Friday. The pair barely reacted to US PCE inflation data, with the Greenback shedding some pips. Fed Chair Jerome Powell set to speak ahead of the weekly close.