Analyst: Gold experiences its biggest weekly decline in three years, seeing $2400 by the end of the year
Precious metal investors watched as New York gold futures fell from a high of over $2800 per ounce two weeks ago to just over $2500 per ounce last week. …
- 2024-11-18
Russia-Ukraine conflict escalates, and oil price bulls are ready to fight back?
On Monday (November 18th), US crude oil rebounded slightly during the Asian trading session, trading around $67.05 per barrel, while on Friday it fell sharply, supported by breaking through the box level,…
- 2024-11-18
Euro demand is expected to increase, falling below 1.05 or attracting buyers!
The euro is leading the global foreign exchange rebound, and there are signs that the initial surge of the US dollar after Trump's election has lost momentum. After Federal Reserve Chairman Powell expressed doubts about the Fed's December interest rate cut, the EUR/USD rebounded from a low of 1.05 to 1.0577 and is currently trading at 1.0547.…
- 2024-11-18
The 'largest scale airstrike'+Ukraine may launch missile attacks on the Russian hinterland! Gold prices surge by over $30
On Monday (November 18), in the Asian session, spot gold rose to a new high of $2597.06 per ounce for nearly three trading days, up more than $30 from the closing price on Friday. At the weekend, Russia carried out the "largest" air raid on Ukraine so far…
- 2024-11-18
AUD/USD rebound may be limited, market pays attention to Reserve Bank of Australia's November minutes
The Australian dollar showed a strong trend against the US dollar in the early Asian market on November 18th. However, foreign exchange analyst Lallalit Srijandorn believes that the upward potential of the AUD/USD may be limited due to the cautious statements of Federal Reserve officials and strong US economic data boosting the overall performance of the US dollar.…
- 2024-11-18