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Gold trades near $3,650 on Friday, snapping a two-day losing streak after the Fed’s interest rate cut.The US Dollar and Treasury yields extend post-Fed rebound as Powell’s tone proved less dovish than expected.Gold remains cushioned as markets anticipate two more Fed rate cuts by year-end. Gold (XAU

The South African Rand (ZAR) edges slightly down to 17.35 against the US Dollar (USD) on Wednesday, losing 0.1% on the day, as markets digest the latest inflation surprise ahead of the South African Reserve Bank (SARB) meeting. This Thursday's SARB meeting at 13:00 GMT will be closely watched. After

The dollar has started the week on the soft side, slipping into our multi-month projection at 97.200. This has been a well-flagged decision level, and the breach now opens the door to the next support region at 96.500. Part of the softness reflects pre-positioning ahead of tomorrow night’s FOMC meet

The Euro fluctuates following Fitch's downgrade of France's debt rating on Friday.US Dollar volatility remains at relatively low levels ahead of the Fed decision on Wednesday.The calendar is light on Monday, with only ECB's Schnabel and President Lagarde's public appearances on tap. The EUR/USD pair

The Canadian Dollar (CAD) is trading flat against the US Dollar (USD) and outperforming all of its G10 peers on the crosses, ending the week also unchanged from last Friday’s close, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report. Markets price 80% chance of cut "Domestic dev

As expected, this morning’s GDP print showed that Britain’s economy flatlined in July, posting no growth at all on a month-on-month basis. The cracks in the UK economy are beginning to show following a period of surprise resilience, and the outlook for the rest of the third quarter is not particular

The Magnificent Seven ETF (MAGS) is an exchange-traded fund that tracks the performance of seven leading U.S. technology companies. These companies are often referred to as the "Magnificent Seven." These include major players like Apple, Microsoft, Amazon, Alphabet, Meta, Tesla, and NVIDIA. The ETF

Japan trade negotiator Ryosei Akazawa said on Thursday that he was flying to the United States (US) as administrative talks progress. Akazawa further stated that he will continue to push for a presidential order for the tariffs that have been agreed on. Key quotes Visiting U.S. as administrative iss

In a recent episode of the Money Metals podcast, host Mike Maharrey sat down with veteran trader and market analyst Greg Weldon, founder of Weldon Financial, to discuss the accelerating bull market in gold and silver, Federal Reserve policy, global de-dollarization, and what it all means for investo

US Dollar The US dollar has been consolidating for more than two weeks. Pressure on the USD index is being exerted by the increased likelihood of a Fed rate cut in September, from 69% to 85%, following Jerome Powell’s dovish rhetoric in Jackson Hole and the White House’s intention to pursue fiscal d

EUR/USD holds losses following the release of German Retail Sales data on Friday.German Retail Sales climbed 1.9% YoY in July, against a 4.9% rise prior and an expected 2.6% increase.Headline US PCE is forecast to rise 2.6% YoY, while core PCE is expected to increase 2.9% in July. EUR/USD halts its