GBP/USD support at 1.3495 is under pressure as the British Pound weakens against the US Dollar. Traders watch key technical levels and market
US core CPI is expected to ease in August as markets reassess the Fed’s September rate decision, with inflation data likely to drive USD volatility.
Gold price holds near $4,300 as XAU/USD tests key support. Traders watch the US Dollar, yields and upcoming economic signals for direction.
Silver rises 0.72% to $64.04 per ounce, while the Gold/Silver ratio remains near 67.85 as traders assess the dollar, rates and market demand.
The US Dollar Index turns positive near 99.93 as traders await US PPI data and assess inflation risks ahead of Friday’s CPI report.
US Treasury yields hit fresh highs as oil prices approach $100, inflation fears grow and the Treasury’s $6 billion bond buyback disappoints.
The Australian Dollar keeps a gradual upside bias against the US Dollar, but UOB expects gains to remain limited within a capped trading range.
Gold stays below $4,400 as oil prices and global yields rise. XAU/USD faces bearish pressure, while traders watch key support near $4,300.
USD/JPY trades above 153.50 ahead of US inflation data, but the pair remains under bearish pressure as traders watch key technical levels.
WTI oil climbs above $92 as Gulf tensions intensify, raising concerns over shipping disruptions and tighter global crude supplies.
USD/CHF holds near 0.8100 as traders await US inflation data. Fed rate hike bets and geopolitical risks support the pair’s bullish outlook.
Gold rebounds toward $4,400 as the US Dollar weakens, but the broader bearish trend remains intact ahead of key US inflation data.
