Gold starts the week lower, weighed by improved risk appetite and optimism over potential progress in Russia-Ukraine peace talks. Fed rate cut expectations firm, with markets pricing in an 87% chance of a 25 bps September cut. Uncertainty surrounding Gold markets eases after the White House said it will issue an executive order to address…
The Japanese Yen attracts some dip-buyers and stalls its pullback from a multi-month low against the USD. Hopes for a US-Japan trade deal and rising bets for more BoJ rate hikes in 2025 continue to underpin the JPY. A positive turnaround in the global risk sentiment keeps a lid on any meaningful gains for the…
Gold price edges higher and snaps a three-day losing streak amid a softer USD. Bets that the Fed will resume its rate-cutting cycle soon also support the bullion. Traders now look to Tuesday’s US macro data and Fed speak for a fresh impetus. Gold price (XAU/USD) sticks to modest intraday gains through the early European…
