The Oil shock boosts Norway’s $2 trillion fund – but there’s a catch
A crisis that should make Norway richer could also put pressure on the very fund built to protect its future wealth. The irony is hard to miss.
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Gold Price Forecast: XAU/USD looks to US NFP, US-Iran headlines for next push higher
Gold is back on the bid early Friday, regaining traction above $4,700 as markets remain hopeful for a potential US-Iran peace deal in the countdown to the US Nonfarm Payrolls (NFP) release.
Gold Price Forecast: XAU/USD struggles to recover its long-term momentum
Spot Gold advances for a third consecutive day, hitting an intraday high of $4,765 before retreating some.
NOK/SEK: Is the Nordic divergence only getting started?
The NOK/SEK pair highlights an increasingly clear divergence between two neighboring economies that are often seen as similar, but are exposed to very different drivers. The current context favors the Norwegian Krone (NOK) over its Swedish counterpart, but for how long?
AUD/USD Price Forecast: Bullish near multi-year top amid Iran peace deal hopes, hawkish RBA
The AUD/USD pair attracts some buyers for the third consecutive day on Thursday and remains within striking distance of its highest level since June 2022, around the 0.7275-0.7280 region, which it touched the previous day.
Gold Price Forecast: XAU/USD confirms a falling wedge breakout on US-Iran peace deal optimism
Gold is gathering pace early Thursday, after having hit one-week highs above $4,700 on Tuesday. Markets remain expectant of a potential US-Iran peace deal being reached, supporting the renewed uptrend in Gold.