Impact on the EURUSD Exchange Rate: 1. Interest Rate Differentials: One of the primary drivers of exchange rates is the…
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Powell is going to influence gold today, as per the FOMC data – 26-7-2023
Impact on XAUUSD: XAUUSD represents the value of one ounce of gold in terms of the U.S. dollar. The Fed’s…
Continue ReadingU.S. New Home Sales Data on GOLD- 26-7-2023
Impact for XAU/USD: Gold, denoted as XAU in the forex market, is often viewed as a safe-haven asset during times…
Continue ReadingBuilding Permits Data Effect on GOLD- 20-7-2023
The Impact of Building Permits on the Gold Market: Building permits also have implications for the gold market, albeit indirectly.…
Continue ReadingCB Consumer Confidence Data. 14:00 GMT 25/07/2023
Effect on XAUUSDthe release of CB Consumer Confidence data can affect the price of gold. A decrease in consumer confidence…
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