Forex Signal Bullish

Forex Signal bullish

Gold, Gold trading, xausud signals

Gold Stays Below $1,930 as Investors Worry About Hawkish Fed, Global Growth

Gold prices hovered below $1,930 an ounce on Thursday, as investors fretted about a hawkish Federal Reserve, global growth prospects, and weak data from Europe. The US central bank left interest rates unchanged at its latest meeting, as widely anticipated, but signaled another rate increase before the end of the year and fewer rate cuts …

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Market Talk: Dollar Could Rise if Fed Hints at Further Rate Increases

Market Talk: Dollar Could Rise if Fed Hints at Further Rate Increases

UniCredit Research analysts say that the dollar could rise after the Federal Reserve’s policy announcement due at 1800 GMT, even as interest rates are expected to be left unchanged at 5.25%-5.50%, if there are hints that rates could increase further. According to a note from the analysts, the decision shouldn’t dent dollar strength and “might …

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Gold Edges Higher as Investors Await Fed’s Policy Decision

Gold Edges Higher as Investors Await Fed’s Policy Decision

Gold prices edged higher in early Asian trade on Monday, ahead of the Federal Reserve’s September policy meeting on Wednesday. Investors are keenly awaiting the Fed’s decision, as it will have a significant impact on global bond yields and, by extension, gold prices. Lower bond yields tend to boost the appeal of gold, as the …

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Gold prices fall as US dollar strengthens ahead of August inflation report

Gold prices fall as US dollar strengthens ahead of August inflation report

Gold prices fell on Tuesday as the US dollar strengthened, with investors awaiting the release of US inflation data later in the week. Spot gold was down 0.3% at $1,923.50 per ounce by 2:30 pm ET (1830 GMT), while US gold futures fell 0.2% to $1,937.50. The US dollar index, which measures the greenback against …

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Gold prices inched lower on Tuesday as the dollar gained ground ahead of a key U.S. inflation data release.

Gold prices inched lower on Tuesday as the dollar gained ground ahead of a key U.S. inflation data release.

Spot gold was down 0.2% at $1,918.72 per ounce by 2:30 p.m. ET, while U.S. gold futures fell 0.3% to $1,941.70. The dollar index, which measures the greenback against a basket of major currencies, rose 0.2%. A stronger dollar makes gold more expensive for buyers holding other currencies. Investors are awaiting the release of U.S. …

Gold prices inched lower on Tuesday as the dollar gained ground ahead of a key U.S. inflation data release. Read More »

XAUSUD Fundamental Analysis

Gold Prices Set for Weekly Decline as US Economy Shows Resilience

Gold prices are set to end the week lower as the latest batch of data showed that the US economy is still growing strongly, giving the Federal Reserve some room to keep monetary policy restrictive or even raise interest rates further. On Friday, gold prices edged up to $1,921 an ounce, but they are still …

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Cotton Falls to 2-Week Low on Dollar Strength, China Demand Concerns

Cotton prices fell to their lowest level in more than two weeks on Thursday, as the dollar continued to strengthen and concerns persisted about demand from top consumer China. The dollar index, which measures the greenback against a basket of currencies, rose to its highest level since August 2020. A stronger dollar makes cotton more …

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