Page 30 - Exponential Moving Average News Today

Gold price (XAU/USD) delivers a swift recovery as investors are confident about an interest rate cut by the Federal Reserve (Fed) at its monetary policy meeting on March 20 – such a move would support non-yielding assets such as Gold.

USD/CAD retraces its recent gains recorded on Thursday, trading lower near 1.3350 during the European session on Friday.

The gold market showed little activity early Wednesday, as traders await key economic data releases. The longer-term outlook for gold remains bullish.

The Australian Dollar (AUD) gains upward traction for the second successive day on Thursday.

The USD/JPY pair rallied, approaching the ¥145 level with potential resistance at the 50-day EMA. Market sentiment favors a cautious,

Gold price (XAU/USD) advances on Thursday as safe-haven assets face a sharp sell-off despite uncertainty ahead of the United States Consumer Price Index (CPI) data, which will be published at 13:30 GMT.

Bitcoin (BTC) price’s immediate response to the spot exchange-traded funds (ETFs) approval was a 2% correction as traders cashed in on the sell-the-news situation.

Silver price (XAG/USD) drops sharply as the United States Bureau of Labor Statistics (BLS) has reported a hotter-than-projected inflation report for December.

Bitcoins value is wavering around $47,500 after a minor downturn. The potential announcement of a Bitcoin ETF could lead to a brief temporary surge.

The Australian Dollar (AUD) retraces its recent losses despite a softer-than-expected Aussie consumer inflation data released on Wednesday.