Stay on top of your trading with analyses of the latest market news.
Gold prices (Symbol: XAUUSD) are showing resilience, poised to log their second consecutive monthly gain as market sentiment remains buoyant on the back of potential U.S. interest rate cuts. Spot gold was trading slightly lower at $2,517.91 per ounce, but …
Copper prices (Symbol: Copper-C) climbed to $4.21 per pound, marking a crucial recovery and positioning the orange metal for its first monthly gain since May 2024, with a modest 0.5% increase so far in August 2024. -vtmarkets.com
The Australian and New Zealand dollars are on track to finish the month with strong gains, buoyed by breaks through key chart barriers and a waning U.S. dollar. The Australian dollar (AUD) stood at $0.6797 after reaching an eight-month high …
The U.S. dollar is on track to snap a five-week losing streak, trading near a one-week high against major peers on Friday. This rebound comes as robust U.S. economic data has led traders to pare back their bets on aggressive …
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