Gold Price Forecast: XAU/USD holds above $2,700 on softer US Dollar, geopolitical risks – FXStreet
Gold prices attracted some buyers in the early Asian session on Monday, rising to nearly $2,720. Escalating geopolitical tensions between Russia and Ukraine are driving up gold prices. The Fed's cautious stance could cap gold's upside. Gold prices (XAU/USD) soared to around $2,720 early Monday Asian time. A decline in the U.S. dollar (USD) provides […]
USD/INR drifts lower on improved risk appetite, softer US Dollar – FXStreet
The Indian rupee rose in the early morning session of European markets on Wednesday. Improving risk appetite and a weaker US Dollar support the Indian Rupee (INR). Investors are awaiting U.S. August new home sales on Wednesday and Federal Reserve Chairman Kugler's speech. The Indian Rupee (INR) edged higher on Wednesday. Improved risk appetite following […]
Trump strikes softer tone on EVs after Musk endorsement
Former President Trump softened his stance on electric vehicles with the help of Tesla’s Elon Musk. “I support electric vehicles. I have no choice because Elon has supported me so strongly. So I have no choice,” Trump said over the weekend. President Trump, who has frequently opposed policies that support electric vehicles, is still expected […]