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Forex_Master- Updated 

Gold price (XAU/USD) continues losing ground through the early part of the European session on Friday and now looks to extend the overnight retracement slide from the record peak. The optimistic outlook for the US economy lifts the US Dollar (USD) to a three-week high, which, in turn, is seen as a key factor undermining the commodity. Apart from this, a generally...

Forex_Master- Updated 

Spot Gold remains confined to a tight intraday range on Wednesday, hovering around the $2,155 mark. The US Dollar advanced throughout the first half of the day but reversed gains with Wall Street’s opening as investors await the United States (US) Federal Reserve (Fed) monetary policy decision. The central bank is widely anticipated to keep rates on hold, with...

Forex_Master- Updated 

Gold price (XAU/USD) retreats after hitting a fresh record high earlier this Thursday and trades just above the $2,200 round-figure mark during the first half of the European session, still up for the second straight day. The prevalent risk-on environment – as depicted by a generally positive tone around the equity markets – prompts some profit-taking around the...

Forex_Master-

Gold price (XAU/USD) retreats after hitting a fresh record high earlier this Thursday and trades just above the $2,200 round-figure mark during the first half of the European session, still up for the second straight day. The prevalent risk-on environment – as depicted by a generally positive tone around the equity markets – prompts some profit-taking around the...

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The continuation of the upside momentum in the US Dollar kept EUR/USD depressed and prompted it to challenge the area of the key 200-day SMA prior to the key FOMC gathering on March 20.

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Gold fluctuates in a narrow band at around $2,160 for the second consecutive day on Tuesday. Ahead of the Fed's policy announcements, the benchmark 10-year US Treasury bond yield moves sideways near 4.3% and limits's XAU/USD's volatility.

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Bitcoin (BTC) price shows a slowdown in momentum as it set up a new all-time high of $73,949 on March 13. Considering the massive uptrend that BTC has been experiencing, a short-term correction is nothing to be concerned about.

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Gold price remains depressed for the third successive day and drops to over one-week trough. Expectations that the Fed will keep rates higher for longer continue to undermine the XAU/USD.

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GBP/USD came under modest bearish pressure and declined below 1.2750 in the American session. The US Dollar benefits from the risk-averse market atmosphere, as reflected by the bearish action seen in Wall Street, and weighs on the pair heading into the weekend.

Forex_Master-

Gold spot retreated from around the $2,180 area on Friday, printing back-to-back negative sessions as market players' hope for the beginning of the US Federal Reserve's easing cycle has been delayed due to strong US economic data. Hotter-than-expected inflation figures justify Fed Chair Jerome Powell's remarks to be patient and stick to the current monetary policy...

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Gold price (XAU/USD) moves higher in Friday’s European session as US bond yields cool slightly after a strong run-up on Thursday. Market expectations for the Federal Reserve (Fed) reducing interest rates in the June have diminished, suggesting that the slight recovery in the Gold price could merely be a pullback that could be used as a selling opportunity by investors.

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Gold price snapped its previous rebound and fell hard on Thursday after traders began to dial down bets for a June Fed interest rate cut following a hotter-than-expected Producer Price Index (PPI) inflation report. Data showed on Thursday that the PPI for February rose 0.6% MoM, up sharply from 0.3% in January while beating the market estimate of 0.3%. The...

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Gold is treading water above $2,170, awaiting a fresh batch of high-impact US economic data for the next push higher. The US Dollar is attempting a bounce amid a negative shift in risk sentiment while the US Treasury bond yields are consolidating a three-day recovery rally, capping a XAU/USD further upside.

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EUR/USD is oscillating in a narrow band above 1.0900 in the European morning on Wednesday. The US Dollar struggles to extend the rebound inspired by hot US CPI data, underpinning the pair ahead of mid-tier EU data and ECB-speak.

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Gold gathered bullish momentum and reached a new record high above $2,180 this week, boosted by falling US Treasury bond yields and the broad-based selling pressure surrounding the USD.

Forex_Master- Updated 

The high-impact US Consumer Price Index (CPI) inflation data for February will be published by the Bureau of Labor Statistics (BLS) on Tuesday at 12:30 GMT. Inflation data could alter the market’s pricing of the Federal Reserve (Fed) policy pivot, ramping up volatility around the US Dollar (USD).

Forex_Master- Updated 

Gold (XAU/USD) gathered bullish momentum and reached its highest level since early February above $2,050 on Friday after spending the first half of the week consolidating in a tight channel. The near-term technical outlook for XAU/USD offers encouraging signs for buyers, but investors could ignore technical readings when reacting to February labor market data from...

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Bitcoin (BTC) price shows clear signs of bullishness as it hovers around its new formed all-time high (ATH) of $69,210. Although both the fundamental and technical background are massively optimistic, investors should not be surprised if BTC takes a breather and moves sideways for the next couple of days or weeks.