The US dollar has given up all the gains induced by Powell’s hawkish comments due to a slump in yields following the SVB meltdown, but US inflation data could revive the greenback’s recovery. Read More
The U.S. economy created 311,000 jobs in February versus 205,000 expected, but wages grew less than anticipated, an encouraging signal for the Fed Read More
Gold whipsawed this week as Fed speak bolstered rate hike expectations and the US dollar while signs of unease in the labor market suggests policy ought to be reined in Read More
Gold prices gained on Thursday as US bank sector woes ate into Federal Reserve rate hike expectations, sinking Treasury yields. Ahead, XAU/USD turns to the non-farm payrolls report. Read More
The Dow Jones, S&P 500 and Nasdaq 100 plunged on Thursday as SVB Financial Group and Silvergate Bank drove risk aversion in the financial sector. Asia markets are bracing. Read More
Gold prices have recovered from their recent slump, buoyed by a softer Dollar and lower yields. Key US NFP data could assist in driving XAU/USD’s next move. Read More