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Gold Weakened after Fed Officials Signalled a Preference to Delay Rate Cuts
Gold (XAU/USD) AnalysisFed officials communicated that they are in no rush to start the cutting cycle amid a strong US economy, emboldened consumer and potential Red Sea escalationGold prices have…
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Shanghai composite index rises above the 3000 point mark
The Shanghai composite index is rising back above the 3000 level with a gain of 0.40% near the start of trading. The index is now up on the year. The…
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Australian Dollar gains ground on improved Aussie Services PMI, subdued US Dollar
Share: Australian Dollar continues its winning streak after the positive Services PMI on Thursday. Australia’s ASX 200 extends losses on weak sentiment due to expectations of prolonged higher…
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Gold Prices on the Rise, Confluence Resistance in Sight. What Now for XAU/USD?
Most Read: US Dollar Forecast – Bullish Bias Remains in Place, Setups on EUR/USD, USD/JPYGold (XAU/USD) rose for the fourth straight session on Tuesday (+0.50% to $2,027), firmly establishing itself…