Gold holds near monthly highs as safe-haven demand and soft USD support prices
Gold (XAU/USD) remains firm close to its monthly peak ahead of Monday’s European session and attempts to extend last week’s breakout above the $5,100 level, supported by favorable fundamentals. Fresh trade tensions and escalating Middle East risks continue to boost demand for the safe-haven metal and reinforce the positive outlook. US President Donald Trump unveiled […]
NZD/USD trims early advance while the US Dollar stays weak
The NZD/USD pair pulled back from its intraday highs during Monday’s early European session after meeting resistance near the key 0.6000 level. Even so, the pair remains slightly positive, trading around 0.5980, supported by a softer US Dollar amid fresh uncertainty surrounding US trade policy. At the time of writing, the US Dollar Index (DXY), […]