Market news

goldcurrenciesUSDGBPEUREconomic Events

XAU Rises 0.30%, EUR/USD at $1.0848 Amid Market Turbulence

Gold climbs 0.30% to $2,352.55 as EUR/USD edges up 0.06%, trading at $1.0848 amid mixed economic data.

USDTechnical AnalysisGBPEURGold Price Forecast

XAU Drops Amid Economic Data and Powell's Upcoming Speech

As the forex market adjusts to new data and anticipates Powell's speech, Gold declines sharply, contrasting the rises in EUR/USD and GBP/USD.

currenciesUSDGBPAUDFederal ReserveInterest Rate CutsEURJPYCHF

Dollar Retreats As Fed Takes A Dovish Stance, Pound Eyes BoE Decision

The Federal Reserve adopted a more dovish approach than anticipated at its most recent meeting, with Fed Chair Jerome Powell dismissing the possibility of further interest rate hikes, which brought a considerable relief to the markets. ...