Gold continued to trend higher and spiked to the highest levels since late April, just ticks under new record high on Monday. Weaker dollar on growing bets for Fed’s September rate cut, following more dovish comments from US policymakers and fresh US political turmoil, along with darkened economic and geopolitical outlook, continue to fuel safe […]
The post Gold Holds Near New Record High, US Labor Data May Spark Fresh Rally appeared first on Action Forex.
China’s trade activity accelerated sharply in the first two months of 2026, according to data released by the country’s Customs agency. Exports surged 21.8% yoy, far exceeding expectations of a 7.1% increase. Imports climbed 19.8% Read more…
WTI crude’s rapid fall from near 120 yesterday to around the 85 area suggests that the oil market is beginning to reassess the scale of the supply shock triggered by the Middle East conflict. The Read more…
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