Gold Price Continues to Test Support Levels, Eyes sub-$1,700

The precious metal is heading for a fifth consecutive monthly loss and is now nearing an important, longer-term zone of support.

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British Pound (GBP/USD) Forecast: Nord Stream Shutdown Adds Fuel to Energy Crisis

GBP headwinds intensify as a major Russian pipeline stops gas flows to Europe leaving the pound vulnerable to further downside.

from DailyFX – Market News https://bit.ly/3Riopic
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AUD/USD Unfazed on China PMI Data Amid Sour Market Sentiment

The Australian Dollar was largely unfazed against the USD after China’s manufacturing activity crossed the wires. The PMI index remained in contraction, dimming hopes that a Chinese economic reboun…

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USD/CAD Rate Eyes Yearly High Ahead of Canada GDP Report

USD/CAD may stage another failed attempt to test the yearly high (1.3224) as Canada’s Gross Domestic Product (GDP) report is anticipated to show a pickup in the growth rate.

from DailyFX – Market News https://bit.ly/3wHEl5O
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