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The analysis in this article is a follow up from Gold (XAU/USD) Slides 2.2% to One-Month Lows. $3150 incoming? Gold prices have surged around 3% from the Asian session lows around the $3125/oz handle. Gold had surged toward the $3180/oz handle ahead of the US open thanks in large part to a weaker US Dollar. […]

The post Gold (XAU/USD) Surges Beyond $3200/oz on Weak US Data, DXY Slips appeared first on Action Forex.

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01/05/2024

AUD/USD Stabilizes After Taking a Tumble, Fed Next

The Australian dollar has steadied on Wednesday after sliding 1.4% a day earlier. AUD/USD is up 0.19%, trading at 0.6489 at the time of writing in the North American session. Australian dollar slides after soft retail sales Retail sales in Australia fell 0.4% m/m in March, following a downwardly revised 0.2% gain in February and […]
13/06/2025

Weekly Focus – Geopolitics Back in the Spotlight

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30/08/2024

USD/JPY Retains Support: Can It Stage a Recovery?

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