Written by FXStreet
Reviewed by FXStreet
Written by FXStreet
EUR/USD extends losses for the fifth consecutive day and trades at 1.1520 at the time of writing on Thursday after a sharp reversal from levels near 1.1600 on Wednesday.
Gold Price Forecast: XAU/USD edges higher above $4,100 ahead of delayed US September NFP reportGold price (XAU/USD) attracts some buyers to around $4,110 during the early Asian session on Thursday. The precious metal gains momentum amid the cautious mood and uncertainty over the US economy. Traders will closely monitor the US September Nonfarm Payrolls (NFP) later on Thursday.
Gold price (XAU/USD) attracts some buyers to around $4,110 during the early Asian session on Thursday. The precious metal gains momentum amid the cautious mood and uncertainty over the US economy. Traders will closely monitor the US September Nonfarm Payrolls (NFP) later on Thursday.
GBP/USD caught a fresh round of bearish pressure on Wednesday, falling around two-thirds of one percent into the 1.3060 region.
Australian Dollar holds losses following Q3 Wage Price Index dataThe Australian Dollar (AUD) declines against the US Dollar (USD) on Wednesday after registering more than 0.25% gains in the previous session. The AUD/USD pair remains subdued after the release of medium-impact Wage Price Index data for the third quarter.
The Australian Dollar (AUD) declines against the US Dollar (USD) on Wednesday after registering more than 0.25% gains in the previous session. The AUD/USD pair remains subdued after the release of medium-impact Wage Price Index data for the third quarter.
Gold price (XAU/USD) extends the decline to around $4,030 during the early Asian session on Tuesday. The precious metal edges lower as traders dialed back expectations of a US interest rate cut next month.