Sunday, November 28, 2021

Gold Price Forecast: XAU/USD slides below $1,830, fresh two-week low

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Gold witnessed selling for the third successive day and retreated further from multi-month tops. Hawkish Fed expectations, elevated US bond yields and a...

BoC’s Schembri: Assessing how labour market conditions impact inflation has become more difficult

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In a videocast speech to a business group cited by Reuters, Bank of Canada Governor Lawrence Schembri said on Tuesday that the relationship between labour...

EUR/USD remains unable to recover above 1.1460, set for biggest weekly loss since September

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US consumer confidence drops unexpectedly to 10-year low. Greenback losses momentum during Friday’s American session as yields correct lower. EUR/USD unable to make...

Gold Price Forecast: XAU/EUR consolidates around €1,631, as German Bund 10-year yield rises

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XAU/EUR reaches a new year-to-date high at €1,634.04. Demand for gold increases as global inflation rises, and investors turn to the yellow metal...

South Africa Health Minister: Reaction of UK and Europe to Covid-19 variant unjustified

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South African Health Minister Mathume Phaahla asid on Friday that the reaction of the UK and other countries in Europe to the Covid-19 variant...

S&P 500 Futures snap five-day uptrend on mixed concerns, Fed’s Powell eyed

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S&P 500 Futures refresh intraday low, stays near record top. US Treasury yields remain sluggish amid Fed tapering tantrums, rate hike woes. Fed...

USD/CNY fix: 6.4079 vs. the estimate of 6.4041

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In recent trade today, the People’s Bank of China (PBOC) set the yuan (CNY) at 6.4079 vs. the estimate of 6.4041. About the fix China maintains strict control of...

Silver Price Forecast: XAG/USD unable to break above the 200-DMA, retreats below $25.00

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XAG/USD retreats from $25.15 tops, down to $24.90 amid falling US bond yields. Risk-off market sentiment, weakens the greenback, boost silver prospects of...

USD/INR to climb above 76.00 in 2022 as RBI will allow more rupee weakness...

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Analysts at Credit Suisse expect a USD/INR range of 74.00-76.00 in Q4 with the Reserve Bank of India (RBI) defending both sides to smoothen...

S&P 500 resilient to global risk off amid strength in tech, holds above 4700...

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The S&P 500 is trading flat and is resilient to global risk off amid strength in the tech sector. Passage of Biden’s $1.75T...
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USD - United States Dollar
EUR
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GBP
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