Senorita71

Senorita71

Gold price (XAU/USD) trades with mild negative bias after retracing from fresh two-week highs during the European trading hours on Friday. Investors now opt to move to the sidelines and wait for the release of the closely-watched monthly employment details from the United States (US). The popularly known Nonfarm Payrolls (NFP) report will play a key role in...

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EUR/USD is trading close to 1.0900, oscillating in a range in European trading on Friday. The pair turns cautious alongside risk sentiment, as the focus now shifts to the US NFP data release for a fresh directional impetus.

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GBP/USD trades modestly flat near 1.2800 in the European session on Friday. The pair lacks a clear directional bias, as traders drift on the sidelines ahead of the all-important US Nonfarm Payrolls data

Senorita71

GBP/USD trades modestly flat near 1.2800 in the European session on Friday. The pair lacks a clear directional bias, as traders drift on the sidelines ahead of the all-important US Nonfarm Payrolls data

Senorita71 Updated 

Gold struggles to preserve its bullish momentum and trades below $2,340 following a move toward $2,350 earlier in the session. The renewed US Dollar strength and recovering US T-bond yields after strong US PMI data makes it difficult for XAU/USD to continue to push higher.

Senorita71 Updated 

FX:EURUSD EUR/USD trades on the back foot near 1.0800 in early Europe on Thursday. The pair is nursing losses, induced by sustained US Dollar strength and evaporating risk appetite. Traders look to top-tier US economic data and Fedspeak for fresh trading incentives.

Senorita71 Updated 

OANDA:XAUUSD Gold retreated to the $2,350 area after rising above $2,360 in the early American session. The benchmark 10-year US Treasury bond yield stays in positive territory after upbeat consumer sentiment data from the US and limits XAU/USD rebound.

Senorita71 Updated 

GBP/USD is on the defensive below 1.2700 in the European morning on Thursday. A broadly stronger US Dollar amid waning Fed rate cut expectations and risk-aversion, keeps the pair undermined ahead of US data and Fedspeak.

Senorita71 Updated 

Gold price turned south and extended its slide after breaking below the key $2,400 level. The 10-year US Treasury bond yield holds steady above 4.4% and the US Dollar benefits from the negative shift seen in risk sentiment ahead of FOMC Minutes, not allowing XAU/USD to rebound.

Senorita71 Updated 

Gold price (XAU/USD) has pulled back from all-time highs at around $2,450 on Tuesday after forming a Shooting Star Japanese candlestick pattern on Monday. This candlestick pattern occurs when the price reaches a new high and then retreats to close near its low. It is a bearish sign after an uptrend, especially when followed by a red bearish candlestick on the next...

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OANDA:XAUUSD Gold price holds its upbeat momentum intact on Monday, sitting at fresh record highs of $2,450 in the European session. The bright metal benefits from renewed hopes for Fed rate cuts and renewed geopolitical tensions surrounding Iran. Fedspeak is next on tap.

Senorita71 Updated 

Gold advanced toward $2,400 on Wednesday as US Treasury bond yields pushed lower following the April inflation data. The recovery in US yields combined with the US Dollar's resilience after Jobless Claims data, however, causes XAU/USD to retreat toward $2,370 on Thursday.

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Bitcoin (BTC) price efforts of a recovery this week have been countered by selling pressure during the onset of the American session. However, the downside potential appears to have been capped. Markets have noted significant trading differences between sessions, and while the Asian market showed strength, whatever ground they were able to cover was oftentimes...

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Gold prices remain on the back foot amidst some recovery in the Greenback and ahead of the release of US PPI and CPI later in the week, prompting XAU/USD to retest the $2,330 region per troy ounce.

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GBP/USD edged higher to near 1.2540 during Asian hours on Friday, buoyed by the release of higher-than-expected UK Gross Domestic Product (GDP) data for the first quarter. GDP (QoQ) rose by 0.6%, reversing the previous quarter's decline of 0.3%, surpassing expectations of a 0.4% increase. Additionally, GDP (YoY) increased by 0.2%, rebounding from the previous...

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XAU/USD trims part of its initial advance in response to the jump in the Dollar's buying interest and the re-emergence of the upside pressure in US yields.

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Gold price remains little changed for a fourth consecutive day on Thursday, trading just above the $2,300 mark. The soft performance of global equities keeps the bright metal afloat as investors hope for directional clues.

Senorita71

Gold price remains little changed for a fourth consecutive day on Thursday, trading just above the $2,300 mark. The soft performance of global equities keeps the bright metal afloat as investors hope for directional clues.