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November 20, 2023
Gold price (XAU/USD) attracts some dip-buying near the $1,973 area on the first day of a new week and stalls Friday's modest pullback from a two-week high.
November 20, 2023
The Euro (EUR) extends the upside bias against the US Dollar (USD), encouraging EUR/USD to advance to new highs near 1.0950 for the first time since late August.
November 20, 2023
The US Dollar (USD) is kicking off this festive week in the red while US traders are compiling their wish list for the Black Friday deals ahead of the turkey dinner on Thursday. The US Dollar Index (DXY) has snapped some substantial
November 17, 2023
Gold price (XAU/USD) trades with a positive bias for the second straight day on Friday – also marking the fourth day of a move up in the previous five – and is currently placed just below a nearly two-week high touched the previous day.
November 17, 2023
The US Dollar (USD) has given traders and markets a run for their money in this very volatile and nervous trading week. The main takeaway – and probably the main topic next week around the dinner table at Thanksgiving
November 16, 2023
Gold price (XAU/USD) attracts some dip-buying during the Asian session on Thursday and for now, seems to have stalled its retracement slide from over a one-week high, around the $1,975-1.976 area touched the previous day.
November 16, 2023
The South African Reserve Bank's (SARB) mandate to protect the currency's value and stimulate economic growth is scrutinised.
November 16, 2023
The US Dollar (USD) breaks out of its tight range for this Thursday and flirts with the previous low of Tuesday. Traders look for further clues and confirmation if the Fed is truly done hiking
November 16, 2023
The US Dollar (USD) traded flat on Thursday and rotated within the 104.00 to 104.30 range.
November 15, 2023
The US Dollar (USD) is trading into a new reality on Wednesday while it tries to regain confidence by at least trying to recover some losses. Lower-than-expected Consumer Price Index (CPI) numbers for October led to a tectonic shift in all asset classes of financial market