The GBPUSD currency pair has been closely monitoring the upcoming Bank of England (BoE) rate cut decision today, on 20th…
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Breaking Down the Impact of Michigan Inflation on Gold – 14-6-2024
The Michigan Inflation Index is a widely used metric that measures changes in consumer prices for a basket of goods…
Continue ReadingToday’s major impact on gold due to US PPI data
Lower PPI (Producer Price Index) data has consistently been associated with an upward trend in the price of XAUUSD (Gold…
Continue ReadingThe Impact of US Consumer Price Index and Federal Reserve Statement today on Gold
On 12th June 2024, the United States Consumer Price Index (CPI) decreased, while the Federal Reserve made a statement expressing…
Continue ReadingImpact of today’s US (NFP) data on the gold pair
Today’s higher US (non-farm payrolls) data has significant implications for the gold pair. The NFP report measures the number of…
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