[XAU/USD] Job Weakness and Geopolitical Risk
Last Friday, the U.S. jobs report for July was worse than expected. This surprise made the U.S. dollar weaker and caused gold prices to go up. Gold even went above …
Last Friday, the U.S. jobs report for July was worse than expected. This surprise made the U.S. dollar weaker and caused gold prices to go up. Gold even went above …
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In the recent FOMC meeting, the U.S. showed it is not ready to cut interest rates soon. Because of this, the euro dropped from 1.15 to 1.1401. After that, it …
In the Bank of Japan’s report, the forecast for 2025 inflation was raised a lot. This caused the dollar/yen to fall to 148.60. However, BOJ Governor Ueda said policy will …
Yesterday during New York trading hours, the U.S. PCE Deflator (a price index showing inflation) came out stronger than expected. This made the U.S. dollar go up even more. Gold …
The U.S. dollar went up after the U.S. GDP (economic growth data) was stronger than expected. Also, in the FOMC meeting, the U.S. central bank did not give in to …
Yesterday during European trading hours, the GDP (economic growth data) for the Eurozone from April to June was announced at 1.4%, which was better than the expected 1.2%. However, the …
Gold dropped in price after the U.S. GDP (economic growth data) for April to June was announced during New York trading hours yesterday. The GDP grew by 3.0%, which was …
Even though the U.S. and Europe agreed on tariffs, Europe must invest $750 billion in the U.S. and accept other difficult conditions. These conditions created worries about the European economy, …
