Gold (XAU/USD) surged above $2,500 on Thursday, fueled by concerns over a looming hard landing in the US economy. This rally came after the release of disappointing job openings data,
Silver price climbs to $28.21, reclaiming the crucial $28.00 level following the release of US JOLTS data indicating potential rate cuts. Despite a bullish RSI, momentum remains flat with resistance
The NZD/JPY pair continues to see a decline in price, reaching the 89.00 level amidst increasing selling pressure. Technical indicators point to a bearish trend, suggesting further downside potential in
The USD/JPY pair has experienced a decline to 143.77, influenced by the decrease in US 10-year Treasury yields and a bearish market sentiment. Key support now lies at 143.45, with
The NZD/USD pair, after reaching yearly highs last week, is now showing signs of consolidation near the 0.6200 support level. Bulls are taking a breather after August's rally, with the
During the North American session, Gold's price surged as weaker-than-expected US jobs data increased the likelihood of a 50-basis point rate cut by the Federal Reserve. This, coupled with falling
The Mexican Peso faced a decline against the US Dollar on Wednesday as the lower house in Mexico approved President AMLO's bill for judicial reform. The USD/MXN pair traded at
In a recent session, the EUR/GBP pair saw a mild rise to 0.8420, signaling a recovery from previous losses. Last week, the pair hit a low of 0.8400 but has
The Pound Sterling has surged above 1.3140, showing short-term strength against the US Dollar. With the Relative Strength Index (RSI) favoring buyers, the path seems clear for further gains. If
GBP/JPY has been on a recovery rally since hitting lows on August 5, climbing from 180.09 to a peak of 193.49 on September 2. However, signs of weakness are emerging,