XAU/USD Price forecast: Gold pressures recent highs, aims for $4,400
Spot Gold trades near the multi-week peak posted on Friday at $4,371.79, recovering ground after starting the week with a down note.
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Gold Price Forecast: XAU/USD appears ‘buy-the-dip’ trade before the US inflation test
Gold is under renewed selling pressure toward $4,300, kicking off the US inflation week on a negative note and retreating further from seven-week highs of $4,372 set last Friday.
US Dollar Weekly Forecast: Softer jobs test Fed’s inflation resolve
The geopolitical landscape has remained the almost exclusive driver of the sentiment surrounding the global markets this week.
CFTC Report: FX repositioning dominates as commodities diverge
The week in one sentence: a historic Yen short unwind led to a broader recovery in FX positioning, while Gold strengthened with price confirmation, and renewed selling in WTI and Coffee reinforced commodity weakness.
US Dollar Weekly Forecast: Sticky inflation, weaker jobs and hopes of peace
The geopolitical landscape has remained the almost exclusive driver of the sentiment surrounding the global markets this week.
EUR/USD Weekly Forecast: US inflation and war doldrums to keep shaping market’s mood
A dull week ends with the EUR/USD pair surging to a fresh multi-week high, trading around 1.1560 ahead of the close. Optimism about an end to the Middle East conflict dominated the headlines throughout the first half of the week, only to be followed by the usual delays and diluted hopes.