Gold price drops on firm US yields, strong USD after solid US data
Gold reverses gains after hitting daily high of $2,368, down more than 1.70%. Strong US S&P Global PMI…
Read MoreBreaking: BoE leaves interest rate unchanged at 5.25% as expected
The Bank of England (BoE) announced on Thursday that it left the policy rate unchanged at 5.25%, as…
Read MoreBank of England expected to hold rates ahead of elections, GBP/USD set to rock
The Bank of England (BoE) is set to leave interest rates unchanged – if only because of the…
Read MoreUS Dollar gets to keep weekly gain for a second week in a row
The US Dollar trades comfortably in the green while the Japanese Yen and the Euro weaken. The BoJ…
Read MoreMexican Peso finds a floor as Obrador says Peso is backed by “strong economy”
The Mexican Peso bottoms out after falling to 18-month lows midweek. President Obrador hits back at critics and…
Read MoreNatural Gas trades near key support as Fed decision snaps June rally
Natural Gas recovers slightly from Wednesday’s decline, which was prompted by the Federal Reserve decision. German utility company…
Read MoreJapanese Yen loses ground, while US Dollar remains stable ahead of Fed decision
The Japanese Yen edges lower as traders favor the US Dollar ahead of the Fed's interest rate decision.…
Read MoreUS CPI data Preview: Headline inflation set to steady in May, core inflation to inch down
The US Consumer Price Index is forecast to rise 3.4% YoY in May, at the same pace as…
Read MoreGold continues bearish tone on outlook for US interest rates
Gold rolls over after retesting key resistance as the outlook for US interest rates remains elevated. This keeps…
Read MoreEUR/USD slides further amid increasing uncertainty after EU election results
EUR/USD stays on the back foot near 1.0730 as the European Union’s political uncertainty weakens the Euro’s appeal.…
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