
Euro: Gains capped below key resistance against US Dollar – UOB
Euro: Gains capped below key resistance against US Dollar – UOB
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Euro: Gains capped below key resistance against US Dollar – UOB
![FX markets at a crossroads: Can EUR/USD and JPY pairs extend their bounce? [Video]](https://static.pipvero.com/pipvero/uploads/2026-08/general-1-1786432407-4d501328405629a9.webp)
FX markets at a crossroads: Can EUR/USD and JPY pairs extend their bounce? [Video]

Precious metals have exploded higher over the past week, with gold and silver delivering moves rarely seen over comparable pe.

The RBA held its cash rate at 4.35% as widely expected and maintained its hawkish bias in the statement. It arguably had to do so to help manage inflation expectations.

Malaysia Gold price today: Gold rises, according to FXStreet data

The 4-hour chart of XAU/USD indicates that the price settled above the $4,250 pivot level, the 100 Simple Moving Average (red, 4 hours), and the 200 Simple Moving Average (green, 4 hours). A high was formed at $4,435, and the price remains elevated.

India Gold price today: Gold rises, according to FXStreet data

Pakistan Gold price today: Gold rises, according to FXStreet data

British Pound clings to gains against US Dollar, US CPI in focus

Oil remained supported in the absence of a Strait of Hormuz deal and with efforts to reopen the waterway dampened by tit-for-tat demands by Iran and US President Trump for reparations.

EUR/JPY Price Forecast: Remains below 183.00 as bearish bias prevails

Gold Price Forecast: XAU/USD extends bullish run above $4,400; will it last?

Silver recently broke the resistance zone between the resistance level 62.60 (top of the previous wave 2 from July) and the 50% Fibonacci correction of the downward impulse from June.

Silver Price Forecast: XAG/USD slips to near $66.00 on Fed hike fears, oil surge

Breaking: Gold rallies further beyond $4,400; highest since early June