Market News

Australian Dollar Weakens as Disappointing GDP Data Fuels RBA Rate Cut Speculation The Australian Dollar (AUD) remains under pressure on Thursday, weighed down by slower-than-expected domestic GDP growth and rising bets on an interest rate cut by the Reserve Bank of Australia (RBA). Concerns over potential tariff policies from US President-elect Donald Trump add to

Gold Price Edges Higher Within Familiar Range; Upside Remains Limited Ahead of Fed’s Powell Gold price (XAU/USD) continues to trade with a positive bias for the second consecutive day, hovering within a familiar range established over the past week. However, bullish momentum remains subdued as traders await critical cues from Federal Reserve Chair Jerome Powell’s

Japanese Yen Weakens Below 150.00 Against USD Amid Mixed Economic Signals The Japanese Yen (JPY) continues to lose ground during Tuesday’s Asian session, with the USD/JPY pair climbing above the critical 150.00 psychological level. A combination of modest US Dollar (USD) strength and market dynamics is driving this movement, although speculation surrounding a potential interest

Gold Price Falls Amid Renewed USD Strength, Rising US Bond Yields Gold prices opened the week under heavy selling pressure, dropping to the $2,623-$2,622 range during the Asian session. This decline halts a four-day winning streak as the US Dollar (USD) gains momentum, supported by rising US Treasury bond yields. Expectations that US President-elect Donald

Australian Dollar Strengthens on Hawkish RBA Comments; Risks Remain Amid US-China Tensions The Australian Dollar (AUD) extended its rally for a third consecutive session on Friday, buoyed by hawkish remarks from Reserve Bank of Australia (RBA) Governor Michele Bullock. However, the AUD/USD pair may encounter headwinds as the United States prepares to introduce new measures