Forex
globalreutersMay 7, 20241 Mins read
Gold price extends its upside as markets react to downbeat jobs data
globalreutersMay 7, 20241 Mins read Gold price (XAU/USD) extends its recovery on Tuesday. The uptick of the yellow metal is bolstered by the weaker US dollar (USD) after recent US Nonfarm Payrolls (NFP) data boosted bets that the Federal Reserve (Fed) would cut interest rates later this year.
Recent Posts
Categories
Related Articles
CCI Histogram Volume MT5 Indicator
The world of financial markets can feel like a whirlwind of charts,...
Global Market Weekly Recap: November 18 – 22, 2024
Global markets rallied despite heightened Russia-Ukraine tensions, with gold and oil gaining...
FX Weekly Recap: November 18 – 22, 2024
Major currencies saw wild swings as Russia-Ukraine tensions escalated. Safe havens rallied...
Gold closes week above $2,700, US PCE data in Focus
Gold price rallies to a new two-week high on Friday during the...
Leave a comment