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Source: Action Forex News Agency
1 month ago
Forex Medium Importance
The Picture in Gold Has Become More Complicated: What Is Happening Today

The Picture in Gold Has Become More Complicated: What Is Happening Today

Gold dipped below 4,400 USD per ounce on Tuesday, reversing earlier gains. Pressure on the metal intensified amid a broader correction in the metals market and profit-taking following a strong rally.

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Source: Action Forex
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Source: Action Forex News Agency
1 month ago
Forex Medium Importance
AUD/CAD: Two Hawkish Central Banks, One Triangle Left to Break

AUD/CAD: Two Hawkish Central Banks, One Triangle Left to Break

The Aussie enters this week with genuine hawkish backing. RBA Assistant Governor Christopher Kent reaffirmed that tighter policy is working as intended, with markets now pricing roughly a 70% chance of one final hike to 4.60% by early next year, even as inflation eased below forecasts last quarter.

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Source: Action Forex
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