Introduction: In today’s ever-changing economic landscape, it’s crucial to stay informed about various economic indicators and their impact on different…
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Eurozone Interest Rate Decision on EURUSD- 27-7-2023
Impact on the EURUSD Exchange Rate: 1. Interest Rate Differentials: One of the primary drivers of exchange rates is the…
Continue ReadingPowell 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.…
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