A metal hidden in your car exhaust: How Rhodium exploded way above Gold and Platinum
For a brief moment in 2021, Rhodium became one of the hottest assets on the planet.
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Gold Price Forecast: XAU/USD sellers attack critical 200-day SMA near $4,400 on renewed Iran risks
Gold has extended its downward spiral early Thursday, testing bids at the $4,400 threshold, while hitting two-month lows.
RBNZ holds at 2.25% by one vote: Will the Kiwi finally break range?
The Reserve Bank of New Zealand (RBNZ) left the Official Cash Rate (OCR) at 2.25% on Wednesday, but only because Governor Anna Breman’s casting vote broke a 3-3 split inside the Monetary Policy Committee.
Australian Dollar Price Forecast: Bulls need (far) more faith
The Aussie Dollar’s uptrend seems to have met some solid resistance in the 0.7270-0.7280 band so far, with AUD/USD still looking for a strong catalyst to attempt another move to the area of yearly peaks.
USD/JPY Price Forecast: Dollar ticks up to 159.00 as Iran’s peace talks wobble
The US Dollar (USD) appreciates against the Japanese Yen (JPY) for the second consecutive day on Tuesday, hitting session highs above 159.00 at the time of writing, as fresh US attacks on Iran put the peace process into question.
Gold Price Forecast: XAU/USD turns south again as US-Iran tensions resurface
Gold has reversed Monday’s recovery, returning to the red below $4,550 early Tuesday, as markets turn risk-averse and flock back to safety in the US Dollar (USD).