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Gold continues to trade with strong bullish bias supported by price stability above psychological zone $3600 and any retracement towards this zone is witnessing buying intervention as macro factors have collaborated in support of Gold and against Dollar. After the recent record rally to $3675, price

USD/JPY has been driven by shifting rate expectations through 2025. The pair sold off early in the year as markets began pricing in Federal Reserve rate cuts, weakening the dollar against the yen. Into the summer, the tide turned as U.S. yields held firm and the Bank of Japan (BOJ) maintained its ea

Gold held near historic levels on Monday, trading around 3,590 USD per ounce, bolstered by a softer-than-expected US labour market report for August. Employment growth fell short of forecasts, while the unemployment rate climbed to its highest level since 2021. This has reinforced market expectation

The Euro appreciates amid a softer US Dollar, but with upside attempts limited so far.Market concerns about political turmoil in France are weighing on the Euro.The US Dollar tumbled on Friday as US Nonfarm Payrolls data confirmed the labour market's deterioration. The EUR/USD pair is ticking higher

The oil market is being reminded, yet again, that Saudi Arabia and its OPEC+ allies are playing chess while everyone else is still watching the checkers board. The cartel has decided to keep easing barrels back into the system, adding another 137,000 barrels a day in October. On the surface, that’s

Cable has advanced steadily over the course of the Asian and European sessions to near 1.35 after UK Retail Sales rose 0.5% in July, a little better than the expected 0.3% M/M gain, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report. GBP overlooks Retail Sales revisions "However

Outlook Today we get the service sector PMI from S&P and ISM, along with Q2 labor costs and productivity. Labor is the key word. We get the ADP private sector job creations and the usual weekly unemployment. The Beige Book was pretty dark. Only 4 regions reported modest growth, meaning the other

The Eurozone Prelim HICP Overview The Eurostat will publish the preliminary Eurozone inflation data for August later this Tuesday at 0900 GMT. The Harmonised Index of Consumer Prices (HICP) is expected to rise 2.0% year-over-year (YoY) in August, while the core inflation is seen easing to 2.2% in th

US Dollar (USD) could edge lower but is unlikely to threaten the major support at 7.1435. In the longer run, rapidly increasing downward momentum indicates USD could drop below 7.1435; it is unclear now if 7.1290 is within reach, UOB Group’s FX analysts Quek Ser Leang and Peter Chia note. Downward m

AUD/USD gathers bullish momentum in the American session on Friday.Fed Chair Powell acknowledged increasing downside risks to the labor market.The US Dollar comes under strong selling pressure heading into the weekend. Following the bearish action seen throughout this week, AUD/USD reversed its dire

📉XAUUSD Sell 3338/3342 📊TP¹ 3335 📊TP² 3332 📊Tp³ 3328 📊Tp⁴ 3325 📊Tp⁵ 3322 ❌SL. 3353 or Set Your StopLoss According to Your Margin.

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