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High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not

Gold prices gained more than 1% on Friday as the dollar and Treasury yields retreated following comments from Federal Reserve Chair Jerome Powell that signalled an interest rate cut in September. Spot gold rose 1.2% to $2,512.63 per ounce by 01:44 p.m. ET (1744 GMT), but was off a record high of $2,531.60 hit on

Trading in the forex markets remains muted as investors hold their positions ahead of Fed Chair Jerome Powell’s highly anticipated speech at Jackson Hole. Market participants are keenly focused on any signals regarding the Fed’s plans for monetary policy easing, beyond the expected rate cut in September. Currently, Fed fund futures indicate a 26.5% probability

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not

Gold prices declined by Rs 350 to Rs 73,800 per 10 grams in the national capital on Friday, according to the All India Sarafa Association. In the previous session, gold of 99.9 per cent purity traded at Rs 74,150 per 10 grams. Silver declined by Rs 200 to Rs 87,000 per kg from Rs 87,200

Yen is showing broad-based strength in today’s Asian session, particularly against the generally weakening Dollar. This move has also put pressure on the Nikkei, which turned lower as Yen gained momentum. While there’s no clear catalyst for these movements, it appears that Yen’s recent pullback may have run its course. Meanwhile, Dollar continues to extend

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not

Gold prices inched higher on Friday, but were set for a weekly loss as investors looked forward to U.S. Federal Reserve Chair Jerome Powell‘s speech at Jackson Hole, Wyoming, for more cues on the scale of a likely September rate cut. FUNDAMENTALS * Spot gold rose 0.2% to $2,488.59 per ounce by 0036 GMT. Bullion,

Sterling surged broadly today, driven by stronger-than-expected PMI data indicating that the UK economy is on track for reasonably solid growth in the third quarter. This positive economic outlook comes at a time when inflationary pressures are easing, which would typically open the door for further rate cuts by BoE. However, the robust performance of

Goldman Sachs analyzes effective FX hedges in scenarios where both US equities and yields decline, highlighting the most reliable currency positions. Safe-havens JPY and CHF, along with shorts in MXN and AUD, are identified as effective hedges. However, the costs associated with certain strategies prompt a preference for shorts in AUD or GBP due to

Gold traded flat at Rs 74,150 per 10 grams for the second day in a row in the national capital on Thursday, according to the All India Sarafa Association. However, silver prices firmed up Rs 200 to Rs 87,200 per kg against Rs 87,000 per kg in the previous close on Wednesday. Gold of 99.5

Dollar extended its broad decline overnight following release of FOMC minutes, which confirmed that a vast majority of Fed members see a rate cut in September as appropriate. However, the market reaction was relatively muted, as this outcome has already been largely priced in by traders. The real uncertainty centers on the size of the

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not

Gold hovered near all-time highs on Thursday as minutes from the U.S. Federal Reserve’s latest meeting cemented expectations of a September interest rate cut, with traders now awaiting Chair Jerome Powell‘s speech for insights on rate outlook. FUNDAMENTALS * Spot gold was flat at $2,511.80 per ounce, as of 0030 GMT, trading below a record

The forex markets are experiencing a lull today, with little movement in the absence of significant economic releases during European and early US sessions. The much-discussed non-farm payroll revision and the release of FOMC minutes later today are unlikely to spark significant volatility. Instead, markets are likely to remain subdued until tomorrow’s PMI data from

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not

Gold prices remained flat at Rs 74,150 per 10 grams in the national capital on Wednesday, according to the All India Sarafa Association. The yellow metal of 99.9 per cent purity had jumped Rs 1,400 to settle at Rs 74,150 per 10 grams in the previous session on Tuesday. However, silver prices declined Rs 150

Dollar remains under broad-based selling pressure, with markets likely to keep this trend until Fed Chair Jerome Powell delivers his speech at the Jackson Hole Symposium on Friday. While today’s events, including the non-farm payroll revision and the release of FOMC minutes, warrant some attention, they are unlikely to cause significant market shifts. The US