Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet…
Gold prices fall for the second consecutive day, down 0.6%, despite falling US Treasury yields and rising geopolitical risks. The US Dollar Index rises as Fed Chair Powell signals two more 25 bps rate cuts for 2024, dampening Gold’s momentum. Despite recent losses, Gold remains up over 5.40% for September, marking its best monthly performance…
AUD/USD climbs to 0.6913, rebounding from a daily low of 0.6894, despite hawkish hints from Fed Chair Powell. Traders eye upcoming US ISM Manufacturing PMI and nonfarm payroll data, with an expected increase of 146K in September payrolls. Aussie’s Judo Bank Manufacturing PMI expected to contract. The Aussie Dollar ended September on a higher note,…
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet…
The Dow Jones huddled close to 42,000 to kick off the new week. Investors are awaiting key US labor data due on Friday. Despite quiet Monday, the Dow Jones is coming off a winning month. The Dow Jones Industrial Average (DJIA) was hamstrung at the start of a fresh trading week. The major equity index eased…
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