
Gold shines and rises on Iran's deal hopes, lower US yields
Gold shines and rises on Iran's deal hopes, lower US yields
تابع أحدث الأخبار المالية والاقتصادية وتحديثات الأسواق والتقارير والتحليلات على PipVero.

Gold shines and rises on Iran's deal hopes, lower US yields

Over the last few sessions, the USD/CAD has seen a slight appreciation of nearly 0.3% in favor of the US dollar. However, beyond this mild bias, the broader chart picture reflects a prolonged consolidation.

USD/JPY Price Forecast: 200-day SMA caps rebound after intervention-led selloff

EUR/USD Price Forecast: Needs to take out 1.1600 decisively for fresh upside

NZD/USD Price Forecast: Holds steady near 0.5870 as bullish bias remains

TL;DR: GBP/CAD looks ready to resume its uptrend after rebounding from the 55-day EMA, but a sustained breakout depends on two separate forces — Friday's volatile Canadian jobs report and whether oil's renewed strength above $86 continues to support the Canadian Dollar.

Silver price today: Silver rises, according to FXStreet data

USD/CHF Price Forecast: Dollar, capped at 0.8100, hints at a potential “H&S” pattern

GBP/USD under pressure: Pound lags behind peers

Japanese Yen weakens despite intervention warnings as USD/JPY rebounds near 158

Gold Price Forecast: XAU/USD remains sideways around $4,050 during US NFP week

Market sentiment improved following a drop in oil prices, as investors grew hopeful that the US and Iran may reach an agreement to restore shipping through the Strait of Hormuz. Such a development would reduce inflation risks and the likelihood of further rate hikes.

The pound just closed its strongest week against the dollar in months, ending July up more than 1% and holding just below $1.35. Two factors are driving the move.

Gold holds steady as traders weigh US-Iran talks, Fed outlook

Gold: Rebound supported by lower energy – ING