Gold prices rebounded, crossing 2,620 USD per troy ounce on Tuesday, as the US dollar weakened, and investors sought clarity on the Federal Reserve’s monetary policy direction. The likelihood of a Fed rate cut in December currently stands at 59%, reflecting a slight decline from previous days. Market participants also closely monitor potential cabinet picks […]
The post Gold Rebounds Amid USD Weakness and Geopolitical Uncertainties appeared first on Action Forex.
Canada’s inflation accelerated in October, with the annual headline CPI rising to 2.0% yoy, slightly above expectations of 1.9% yoy and up from September’s 1.6% yoy. Slower decline in gasoline prices was a key driver, Read more…
The Australian dollar is showing limited movement on Tuesday. In the European session, AUD/USD is trading at 0.6501, down 0.14% on the day. The Aussie flew out of the gates on Monday, climbing 0.75%. RBA Read more…
TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission. Now that the holiday season is in full swing, it’s going Read more…