Gold prices gained on Thursday as US bank sector woes ate into Federal Reserve rate hike expectations, sinking Treasury yields. Ahead, XAU/USD turns to the non-farm payrolls report.
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Gold prices gained on Thursday as US bank sector woes ate into Federal Reserve rate hike expectations, sinking Treasury yields. Ahead, XAU/USD turns to the non-farm payrolls report.
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USD/JPY jumped after the Bank of Japan left interest rates unchanged and maintained its current bond-yield curve control policy settings.
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The Dow Jones, S&P 500 and Nasdaq 100 plunged on Thursday as SVB Financial Group and Silvergate Bank drove risk aversion in the financial sector. Asia markets are bracing.
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U.S. dollar forex pairs are likely to experience volatility near term with the NFP report on tap for Friday. This article discusses the key technical levels to watch in EUR/USD and USD/CAD.
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Gold prices have recovered from their recent slump, buoyed by a softer Dollar and lower yields. Key US NFP data could assist in driving XAU/USD’s next move.
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