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XM Forex Market Commentary: Gold prices hit record highs due to risk aversion
Gold hits record high on risk aversionGold is expected to reach $2,900 amid uncertainty caused by Trump’s policies. US service sector businesses are cooling, indicating a continued economic slowdown.
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XM Forex Platform: Gold’s four-hour support surges to a new high, while Europe a
MacroeconomicsThe Trump administration’s recent tariff policy has stirred up the global economy and trade. It previously suspended tariffs on Mexico and Canada, but imposed a 10% tariff on Chinese imp
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Australian dollar rises on tariff delay and weak US data
Australian dollar rises on tariff delay and weak US dataAUD/USD rose to 0.6255 on Tuesday, extending Monday's reboundChina announces tariffs on certain US goodsMarket sentiment improves on expecta
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Mexican peso rises as US-Mexico tariff pause eases tensions
Mexican peso rises as US-Mexico tariff pause eases tensionsThe Mexican peso recovered after depreciating to a near three-year low as the US and Mexico pledged to cooperate. The dollar index pared gain
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USD/JPY retreats as trade tensions fuel market uncertainty
USD/JPY retreats as trade tensions spark market uncertaintyUSD/JPY retreats from high of 155.86 to settle at 154.51 amid tariff-induced volatility. ISM Manufacturing PMI rises, showing strong business
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GBP/USD Forex Signal: Sterling Could Retreat Ahead of the US GDP Data
Bearish viewSell GBP/USD pair and set take profit at 1.2350.Set stop loss at 1.2600.Timeline: 1-2 days.Bullish viewSet buy stop at 1.2450 and take profit at 1.2525.Set stop loss at 1.2350.GBP/USD exch
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GBP/USD Weekly Forecast: Sterling rises on central bank policy expectations
Last week, GBP/USD continued its weekly rise. After falling to a low last Monday, but not breaking the low of last Friday, the currency pair began to gradually rise.GBP/USD settled around 1.24790 befo
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XM Forex Crude Oil Analysis: US crude oil rose slightly, Gaza ceasefire and reta
Basic news... The focus of this trading day is on the weekly close, and whether the US dollar index remains strong, putting pressure on commodities.Related newsUS says Gaza ceasefire should start as p
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