Gold extends its consolidative price move on stronger USD, trade war fears – FXStreet
The gold price is struggling to take advantage of the overnight bounce from a few days of trough. US bond rebounds revive USD demand and weigh the XAU/USD pair. Trump trade duties and Fed rates reduction can help you to support precious metals. The gold price (XAU/USD) is depressed by the early European session on […]
Japanese Yen extends its consolidative price move near multi-week low against USD – FXStreet
The Japanese yen continues to weigh on the Japanese yen as expectations for a December interest rate hike by the Bank of Japan fade. Rising US bond yields and positive risk trends also undermine demand for the safe-haven Japanese yen. However, investors appear to be reluctant ahead of this week's important FOMC/BOJ policy meeting. The […]