Weekly Analysis: XAU/USD Gold Insights
Gold prices have been highly volatile, trading near record highs due to various economic and geopolitical factors. Last week's weak US employment data, with only 114,000 jobs added and an unexpected rise in the unemployment rate to 4.3%, has increased the likelihood of the Federal Reserve implementing rate cuts, boosting gold's appeal. Tensions in the Middle East further support gold as a safe-haven asset. Technical analysis suggests that gold prices might break above $2,477, potentially reachin
UK Jobs Data Fails to Cheer Up GBP Pairs, Focus on Carney Speech
Sterling (GBP) continued its sell off pressure on Tuesday as UK jobs data provided a mixed sentiment, pushing GBPUSD and GBPEUR to year-lows.
US Dollar Likely to Find Excuse for Gains in Jobs Report
The US Dollar seems likely to find an excuse for further gains in Februarys US employment data while sentiment trends set the tone elsewhere in
US Jobs Data May Validate Bearish Crude Oil Price Chart Setup
Crude oil prices have struggled to make good on technical signs of topping but incoming US jobs data may finally validate the setup.
