XAU/USD outlook: Gold rises further on uncertainties over US trade policies, weaker Dollar – FXStreet
XAU/USD Gold prices hit a new multi-week high early Wednesday, extending Tuesday's 1.4% rise. The short-term move is largely supported by renewed uncertainty over President Trump's trade policy, which has led to a weaker dollar, and strong safe-haven demand amid widespread expectations that the Fed will maintain policy. Interest rates will remain unchanged at next […]
Forex Today: US Dollar holds ground as markets assess possible US trade policies – FXStreet
Here's what you need to know on Wednesday, January 22nd. Following a rebound during Tuesday's European trading hours. United States dollar (USD) The second half of the day lost momentum as risk flows took control. The U.S. dollar index held ground early Wednesday as markets turned cautious. The economic calendar does not include the release […]
EUR/GBP flat lines near 0.8450 amid Trump tariff threats, growing BoE rate cut bets – FXStreet
In early European trading on Wednesday, EUR/GBP remained flat around 0.8440. The euro fell after President Trump vowed to impose tariffs on the EU. Britain's unemployment rate rose in the three months to November, raising the possibility that the Bank of England will cut interest rates next month. Early in European trading on Wednesday, the […]
Gold price in India: Rates on January 22 – FXStreet
Gold prices rose in India on Wednesday, according to data compiled by FXStreet. Gold price rose to INR 7,654.64 per gram compared to INR 7,629.94 on Tuesday. Gold price rose to Rs 89,283.52 per tola from Rs 88,994.07 a day earlier. unit measurement Gold price in INR 1 gram 7,654.64 10 grams 76,547.23 tiger 89,283.52 […]
Japanese Yen sticks to intraday negative bias; USD/JPY climbs to 156.00 neighborhood – FXStreet
The Japanese yen has moved away from its one-month high against the US dollar hit on Tuesday. The divergence in policy expectations between the Bank of Japan and the Fed will help limit the yen's sharp depreciation. Traders may also choose to stay on the sidelines ahead of the Bank of Japan's meeting starting Thursday. […]
Gold sees haven inflow with investors bracing for quick additional levies against Canada and Mexico – FXStreet
Gold prices are on track to increase by nearly 1% on Tuesday. Traders are gearing up for Trump's first day in office as headline risks rise. Gold hit a new two-month high at $2,732.70, with $2,790 entering this area as strong resistance. Gold prices (XAU/USD) rose after US President Donald Trump confirmed his intention to […]
USD/INR gathers strength as Trump 2.0 era begins – FXStreet
The Indian rupee loses momentum in early European trading on Tuesday. A pick-up in US dollar demand could weigh on the Indian rupee, but regular RBI interventions and lower oil prices could limit its downside. Investors will likely get more cues from President Trump's policy announcements this week. The Indian rupee (INR) fell on Tuesday […]
Australian Dollar declines as risk aversion rises ahead of Trump’s economic policies – FXStreet
The Australian dollar weakened on rising risk aversion as traders focused on President Trump's economic policies, including tariffs. The S&P/Australian Stock Exchange 200 index rose to nearly 8,400, a six-week high. President Trump will direct federal agencies to review tariff policy and evaluate relationships with Canada, Mexico and China. The Australian dollar (AUD) stalled on […]
Gold price jumps to its highest level since November 6 amid fresh trade war fears – FXStreet
Gold prices have gained strong positive traction amid the safety flight following President Trump's tariff remarks. Bets for further Fed rate cuts have pushed down U.S. Treasury yields, further supporting the yellow metal. A gradual recovery in the US dollar and positive risk tone could limit commodity gains. Gold prices (XAU/USD) witnessed buying for the […]
Gold price in India: Rates on January 20 – FXStreet
Gold prices in India remained almost flat on Monday, according to data compiled by FXStreet. Gold price was almost stable at INR 7,517.01 per gram compared to Friday's INR 7,510.45. Gold prices were broadly stable at Rs 87,676.27 per tola from Friday's Rs 87,600.38. unit measurement Gold price in INR 1 gram 7,517.01 10 grams […]