
Euro edges higher against US Dollar after soft US PPI data
Euro edges higher against US Dollar after soft US PPI data
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Euro edges higher against US Dollar after soft US PPI data

Euro: Choppy range trading outlook against US Dollar – Rabobank

Silver continues to hover around the 200-day EMA on Thursday as we are simply waiting for the next move to be made, most likely with external influence.

The gold market initially rose on Thursday but continues to see a bit of gravity enter the picture, as the markets may have gotten a bit ahead of themselves.

Gold Got Everything It Wanted and Still Could Not Hold the High Spot gold hit $4,449.83 Thursday morning and gave back nearly $86 in a matter of hours. CPI was soft Wednesday.

Silver pulls back Thursday as the dollar firms to a two-week high despite contained CPI and lower hike odds. PPI at 12:30 GMT decides whether buyers get another shot at $66.80.

Gold and silver are approaching important technical resistance levels following a strong rebound from yearly lows, over 400 points, while the US Dollar Index is testing the boundaries of its 2026 uptrend after its latest pullback near 99.30.

China keeps buying Gold

British Pound recovers early losses against US Dollar, US PPI data eyed

Silver slips below $65, but cooling US inflation keeps downside in check

The US CPI report for July was rather benign and that's not giving market players all too much to work with as we get into the second half of the week.

Gold Price Forecast: XAU/USD stands tall at two-month highs above $4,380

Gold outlook: Bulls take a breather under new multi-week high ahead of US economic data

Gold price edged lower from new 9-week high in early Thursday trading as positive impact from lower inflation in July started to fade while investors focus on US Producer Price Index data (due later today) which would provide more details about the Fed's policy outlook.

Gold retreats from two-month high as traders await US PPI