Gold price forecast: The fall looks restricted as the XAU/USD stays low at $1,845
Despite a minor increase in the US dollar, the price of gold retreated from a seven-month high. The likelihood of Fed rate rises of a lower magnitude supports the metal to some extent. A milder risk tone constraints the downside…
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4 Global Market Updates- 5 January, 2023
In this article, we have covered the highlights of global market news about the NZD/USD, GBP/USD, EUR/USD and USD/CAD. NZD/USD mixed outlook: UOB The forecast for NZD/USD remains mixed, with the pair trading between 0.6200 and 0.6380 for the time being, according to UOB…
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AUD/USD strengthens near 0.6800 as risk flows pick up.
In a positive mindset, the AUD/USD is rising again over 0.6750. Risk flows and negative Treasury rates constrain the US Dollar bulls. Australian currency pair watches US ISM Manufacturing PMI and Fed Minutes. With risk flows returning to Asia on…
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4 Global Market Updates- 4 January, 2023
In this article, we have covered the highlights of global market news about the EUR/USD, USD/JPY, USD/CAD and GBP/USD. EUR/USD speeds up advances and refocuses 1.0600 The euro regains some equilibrium as Wednesday's sharp decline to the 1.0520/15 zone against the Dollar is…
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4 Global Market Updates- 3 January, 2023
In this article, we have covered the highlights of global market news about the USD/JPY, AUD/USD, USD/CAD and EUR/USD. USD/JPY recovers from multi-month lows and trades over 130.00. After reaching its lowest point since late May at 129.50 during Asian trading hours, USD/JPY abruptly…
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