Can gold breakout of the range?


 

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AUD/USD trades with mild positive bias near 0.6700, RBA Meeting Minutes eyed

AUD/USD trades with mild positive bias near 0.6700, RBA Meeting Minutes eyed

The AUD/USD trades with a mild positive bias near 0.6695 during the early Asian session on Monday. The weaker US Dollar provides some support to the pair. The markets remain unconvinced that the Fed will pivot earlier than previously expected. 

AUD/USD News

EUR/USD gains ground above 1.0850, focus on Fedspeak

EUR/USD gains ground above 1.0850, focus on Fedspeak

The EUR/USD pair trades on a stronger note around 1.0875 on Monday during the early Asian trading hours. The uptick in the major pair is bolstered by the softer Greenback. The Federal Reserve’s Bostic, Barr, Waller, Jefferson, and Mester are scheduled to speak on Monday.

EUR/USD News

Gold gains ground above $2,400, eyes on Fedspeak

Gold gains ground above $2,400, eyes on Fedspeak

Gold price gathers strength around $2,415 during the early Asian session on Monday. The softer US inflation data in April provides some support to the yellow metal. Meanwhile, the USD Index edges lower to 104.50, losing 0.03% on the day. 

Gold News

AI tokens could really ahead of Nvidia earnings

AI tokens could really ahead of Nvidia earnings

Native cryptocurrencies of several blockchain projects using Artificial Intelligence could register gains in the coming week as the market prepares for NVIDIA earnings report. 

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Week ahead: Flash PMIs, UK and Japan CPIs in focus. RBNZ to hold rates

Week ahead: Flash PMIs, UK and Japan CPIs in focus. RBNZ to hold rates

After cool US CPI, attention shifts to UK and Japanese inflation. Flash PMIs will be watched too amid signs of a rebound in Europe. Fed to stay in the spotlight as plethora of speakers, minutes on tap.

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