Gold Price Prediction: XAU/USD recovers losses as US yields and oil prices decline

Gold prices in Saudi Arabia: Rates on June 26

Gold (XAU/USD) is seeing a recovery on Tuesday after slumping the previous day, largely due to a weakening US Dollar (USD) as US yields soften and oil prices drop. Market participants are keenly awaiting important US inflation data this week to gauge the Federal Reserve’s (Fed) policy direction. The XAU/USD pair has bounced back from […]

Euro strengthens as French bond yields decrease

EUR/USD stabilizes around 1.1870 due to declining US inflation affecting the Dollar

The Euro (EUR) has continued its recovery from Thursday against the US Dollar (USD) as the trading wraps up on Friday. The EUR/USD pair rose by 0.2%, approaching 1.1235. This increase in the Euro comes after a significant correction in the yields on French bonds. The yields on 10-year French bonds have dropped by about […]

Swiss Franc strengthens as USD declines amid lower bond yields

USD/CHF drops close to 0.7800 as the US Dollar weakens amid a risk-on sentiment

USD/CHF Pair Experiences Continuous Selling Pressure The USD/CHF currency pair has seen a continued slide, attracting sellers for a second consecutive day on Friday. Following a retreat from the mid-0.8300 range, which marked a one-week high, spot prices dipped to the 0.8300 level during the Asia session. This decline comes amid a broadly weaker US […]

New Zealand Dollar rises above 0.5600 as US Dollar weakens and yields decrease

New Zealand Dollar climbs above 0.5850 as stronger CPI data supports the argument for additional RBNZ rate increases.

NZD/USD Trends Upwards During Early Trading The NZD/USD currency pair is seeing some upward movement, nearing 0.5615 in the early hours of Asian trading on Friday. This rise comes as the US Dollar is experiencing a decline against the New Zealand Dollar, largely due to falling Treasury bond yields. Traders are keeping an eye on […]

Metals rise as Hormuz negotiations ease crude prices, yields remain high

Metals rise as Hormuz negotiations ease crude prices, yields remain high

Gold and Silver Prices Update In early U.S. trading on Friday, spot gold prices saw a slight increase while spot silver prices experienced a notable rise. This uptick comes amidst falling oil prices fueled by renewed hope for a U.S.-Iran truce. However, the combination of elevated Treasury yields and expectations of further rate hikes from […]