Inflation Data Puts Pressure on Non-Yielding Bullion 

The Gold Spot Price (XAUUSD) dropped to a one-month low as US inflation data bolstered the Greenback against the Bullion. Headline inflation rose by 0.2% to 3.2%, slightly below the…

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The EURUSD Remains Stable Despite U.S. Inflation Edging Up 

On Thursday, U.S. inflation edged higher compared to the prior month but remained below expectations. At 3.2% for July, the inflation rate picked up steam by 20 basis points compared…

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The Gold Spot Price Retreats From Its Golden Ratio 

The Gold Spot Price (XAUUSD) kicked off the week on the back foot, closing 32 basis points lower in Monday’s trading session. The downtrend extended into Tuesday’s session as the…

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AUDUSD Remains Under Pressure After NAB Release 

The National Australia Bank (NAB) Business Confidence Index came in higher than the market expected but could still see the lower AUDUSD currency pair trend.   Business confidence rose by 2…

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