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Gold breaks $4,550 as Dollar weakness offsets higher yields
![USD/JPY – Upside in play [Video]](https://static.pipvero.com/pipvero/uploads/2026-08/general-1-1787303611-e0ac7fd6919528e4.webp)
USD/JPY – Upside in play [Video]
On 19 August, the US Treasury announced that it would double the volume of long-term government bond buybacks. The measure led to a noticeable decline in yields at the longer end of the curve and forms part of the Treasury's broader efforts to contain pressure on long-term borrowing costs.
Silver Price Forecasts: XAG/USD hits highs past $69.00 amid US Dollar weakness
EUR/USD has broken above its 200-day average as Goldman Sachs argues Treasury support may force the Dollar to absorb more of the adjustment. The Euro to Dollar (EUR/USD) exchange rate traded around 1.1700 on Friday morning, up 0.11% on the day and 1.12% higher over the previous five sessions.
AUD/USD Price Forecast: Hits fresh high since June as bulls eye gains beyond 0.7150
Euro: Gentle upside against US Dollar as greenback softens - ING
NZDUSD regains confidence The Kiwi took a slight breather after moving over 100 pips higher as the bullish influence remains. A rally towards the mid-0.5900 area has prompted sellers to trim their exposure.
British Pound: Upward momentum targets 1.3700 against US Dollar – UOB
Euro: Further upside toward 1.1725 against US Dollar – UOB
Gold Price Forecast: XAU/USD extends rally as US debt concerns continue to drag US Dollar
Philippines Gold price today: Gold rises, according to FXStreet data
Saudi Arabia Gold price today: Gold rises, according to FXStreet data
Pound-Dollar can hold above $1.36 if pressure on the US Dollar from fiscal concerns and softer Fed bets offsets any drag from weaker UK retail sales and PMI data. The Pound US Dollar (GBP/USD) exchange rate maintained a positive trajectory on Thursday, with the pairing being propelled to its best levels since mid-February.
Pound-Australian Dollar could struggle to hold gains if UK retail sales and PMI data disappoint, although softer Australian business surveys may limit AUD support. The Pound to Australian Dollar (GBP/AUD) exchange rate appreciated on Thursday in response to a weaker-than-expected Australian jobs report.
