Fundamental analysis Gold for 26.04.2024
During the Asian session on Friday, the price of gold (XAU/USD) showed a modest increase, reaching $2,335 an ounce, although without sustained buying momentum and lingering below the previous high. Investors are redirecting their attention past the...
Fundamental analysis Gold for 23.04.2024
Gold prices for XAU/USD continued their downward slide on Tuesday, echoing the trend from the day prior. Currently hovering near $2,305.90 per ounce, this marks a notable retreat from April's highs around $2,430 per ounce, signaling a notable relaxation...
Fundamental analysis USDJPY for 19.04.2024
Most Asian currencies weakened on Friday amidst escalating geopolitical tensions, with the US Dollar (USD) and the Japanese Yen (JPY) garnering safe-haven demand. Reports of retaliatory strikes by Israel against Iran fueled risk aversion, pushing...
Fundamental analysis AUDUSD for 04.04.2024
The Australian Dollar (AUD) has been on a three-day winning streak, bolstered by optimistic data releases.
Australia's Judo Bank Services PMI improved to 54.4 in March from 53.5 in February. Judo Bank Composite PMI rose from 52.4 to 53.3.
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Fundamental analysis USDJPY for 01.04.2024
The Japanese Yen (JPY) initiates the week with a a softer note against the US Dollar (USD), yet lacks significant momentum, remaining ensconced within a familiar range sustained over the preceding fortnight. The cautious stance of the Bank of Japan...
Fundamental analysis USDJPY for 27.03.2024
The USD/JPY pair drifted lower for the third consecutive day, nearing its lowest level since November 2023 against the backdrop of a dovish stance from the Bank of Japan (BoJ) following its recent interest rate hike. Despite the BoJ's move, uncertainty...