XAU / USD trend forecast January 16, 2025 Following the release of the data, traders anticipate that the US central bank could implement 40 basis points (bps) of rate cuts by the close of 2025. However, Gold's outlook remains uncertain, as the incoming Donald Trump administration plans to introduce tariffs, which have the potential to fuel inflation and...
XAU / USD trend forecast December 10, 2024 Gold price (XAU/USD) holds its positive momentum as the European session begins on Tuesday, trading near the two-week high reached on Monday. Escalating tensions in the Russia-Ukraine conflict, coupled with political instability in South Korea and France, continue to drive demand for the safe-haven metal....
GBP / USD trend forecast December 10, 2024 The GBP/USD pair hovered near 1.2750 on Monday, starting the week in a narrow range, close to where it ended last week. Traders are anticipating the release of the key US Consumer Price Index (CPI) inflation data midweek. With a quiet economic calendar in the UK, Pound Sterling is expected to follow broader market...