Gold price edges higher as the strong US PPI-inspired USD rally lacks follow-through buying. Bets for an imminent Fed rate cut in September cap the […]
Tag: sticks
Gold price sticks to modest gains near multi-week high amid sustained safe-haven buying
Gold price climbs to a fresh multi-week top on Monday as rising trade tensions underpin safe-haven demand. Reduced Fed rate cut bets continue to support […]
Japanese Yen sticks to Japan’s Q1 GDP-inspired gains against a broadly weaker USD
The Japanese Yen attracts fresh buyers on Monday and snaps a two-day losing streak. An upward revision of Japan’s Q1 GDP reaffirms BoJ rate hike […]
Gold price sticks to modest intraday gains amid rising geopolitical tensions, softer USD
Gold price attracts some dip-buyers on Friday as geopolitical risks help revive safe-haven demand. The optimism over the US-UK trade deal and the US-China negotiations […]
Gold price sticks to modest intraday gains near $3,360 area, remains close to two-week high
Gold price continues to attract safe-haven flows amid rising geopolitical tensions. Subdued USD demand also benefits the commodity and contributes to the move up. Bulls, […]
Gold price sticks to modest intraday gains on softer risk tone, weaker USD; lacks follow-through
Gold price regains positive traction on Monday as geopolitical risks revive safe-haven demand. The USD remains depressed below a multi-week high and further benefits the […]
Japanese Yen sticks to modest intraday losses against USD; bullish potential seems intact
The Japanese Yen attracted some intraday sellers amid receding safe-haven demand. A modest USD uptick also contributes to the USD/JPY pair’s recovery of over 100 […]
Gold price sticks to gains near record high, seems unaffected by upbeat market mood
Gold price climbs further beyond the $2,600, hitting fresh record peak amid a weaker US Dollar. Bets for more rate cuts by the Fed drag […]