On Thursday, the European Central Bank hiked interest rates for the ninth consecutive time, bringing its benchmark rates to the highest level in 23 years. The central bank noted that with…
Following the Federal Reserve's decision to raise interest rates by 25 basis points on Wednesday, the Gold Spot Price (XAUUSD) dropped by 1.8%. However, this month’s hike has eased concerns…
The GBPUSD currency pair is struggling to gain traction as a hoist of economic data is expected from the US this week. The Federal Reserve may raise interest rates once…
After three consecutive weeks of gains, the Gold Spot Price (XAUUSD) has traded flat this week as market participants wait for Wednesday's highly anticipated U.S. Fed Interest Rate Decision. The…
A two-week winning streak for the AUDUSD currency pair came to an end as it closed the previous week 1.56% down. The U.S. dollar recovered its footing after surging against…
With a pivotal week ahead for precious metals, the gold spot price (XAUUSD) has traded rangebound as major central banks prepare to deliver the next round of interest rate decisions.…
The AUDUSD currency pair experienced a surge driven by robust employment data, signalling a strong Australian economy. This may prompt the Reserve Bank of Australia to consider raising interest rates…