Home / Market Update / Forex Market

Forex Market

Gold Rebounds as Central Bank Buying Strengthens Long-Term Support

Gold prices recovered on Tuesday after an early decline, with the precious metal regaining momentum as investors balanced rising geopolitical tensions against continued demand from central banks. Although renewed uncertainty in the Middle East briefly pressured market sentiment, gold proved resilient, reinforcing its position as one of the world’s preferred …

Read More »

June ISM Services PMI Points to Cooling Business Activity in the US

The US services sector continued to expand in June, although growth eased slightly from the previous month, signaling that the world’s largest economy remains on a steady footing despite signs of moderating momentum.The latest business activity survey showed that the services sector remained comfortably above the level that separates expansion …

Read More »

Gold Jumps Above $4,100 After Weak US Jobs Report Fuels Fed Rate Cut Hopes

The disappointing US payrolls data sends the dollar lower and boosts safe-haven demand. Gold rallied sharply on Thursday, climbing back above the $4,100 mark after a much weaker-than-expected US jobs report sparked a broad decline in the US dollar and renewed expectations that the Federal Reserve may have less room …

Read More »

Wall Street Wobbles as Weak JOBS Data Sends Dollar Sliding and Gold, Bitcoin Soaring

A surprisingly weak US jobs report released Thursday, a day earlier than usual due to the Independence Day holiday, sent shockwaves through global markets, reshaping expectations for the dollar, gold, stocks, and cryptocurrencies in one of the most closely watched trading sessions of the summer.Hiring Slows Sharply, Catching Markets Off …

Read More »

NFP Preview: US Labor Market Faces Crucial Test as Fed Weighs Next Move

Markets are turning their attention to Thursday’s US nonfarm payrolls (NFP) report, a release that could reshape expectations for Federal Reserve policy during the third quarter and determine whether another interest rate increase remains on the table. Economists expect the US economy to have added 114,000 jobs in June, while …

Read More »