Dollar Stays Low, Gold Holds High as U.S. Services PMI Could Trigger Market Repricing
As of 09:46 Beijing time, the user-supplied TradingView XAU/USD screenshot reference is 4,200.175. DXY 100.903, EUR/USD 1.14351, GBP/USD 1.3349 and AUD/USD
Dollar Strength and Oil Slump Keep Markets on Edge Ahead of Critical U.S. Jobs Report
The U.S. dollar remains firm ahead of Nonfarm Payrolls, while gold rebounds above $4,000 and oil drops to a four-month low amid easing geopolitical tensions and Fed rate hike expectations.
Gold and Oil Post Historic Quarterly Losses as Hawkish Fed Bets Strengthen U.S. Dollar
Gold and oil record their steepest quarterly losses in years as strong U.S. labour data boosts Fed rate hike expectations. Markets now focus on ISM PMI and Fed Chair Warsh's speech.
Gold Slides Below $4,100 as Dollar Eases While Markets Await Key U.S. Labour Data
Gold trades below $4,100 as Fed rate expectations pressure bullion. USD eases while traders await JOLTS, Consumer Confidence and German CPI for fresh market direction.
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