Sunday , 19 January 2025
Home Forex Gold returns to familiar range after weak US jobs data
Forex

Gold returns to familiar range after weak US jobs data

Gold (XAU/USD) recovers to trade back in the $2,630s on Friday as subpar United States (US) jobs data cements expectations that the Federal Reserve (Fed) will cut interest rates at their November policy meeting.

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

Premium Watchlist Recap: January 13 – 15, 2025

This week our currency strategists focused on the U.K. and U.S. CPI...

Weekly Market Outlook (20-24 January)

UPCOMING EVENTS:Monday: PBoC LPR,US Presidential Inauguration Day, BoC Business Outlook Survey, New...

How To Predict Forex Price Movements Accurately

Struggling to predict forex price movements? The foreign exchange market trades over...

A technical view of the major currency pairs going into the new trading week

EURUSD:USDJPY:GBPUSD:USDCHF:USDCAD:AUDUSD:NZDUSD: This article was written by Greg Michalowski at www.forexlive.com.