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High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not

Spot gold closed with a gain of $1 at $2633 on Friday. The metal was down nearly 0.40% this week, its second straight weekly loss. It traded in the range of $2613 (December 6) to $2657 (December 4). Data roundup The US employers added 227K jobs, beating the forecast of 220K, as with October data

Dollar is mixed as markets enter into US session, with traders digesting the slightly weaker-than-expected ADP private employment report. The re-accelerating pay growth as shown in the report might prompt some concerns among hawkish members of Fed. But the focus remains on Friday’s non-farm payroll data, the definitive input for assessing labor market health. Fed

Market moves: WTI crude oil down $1.20 to $67.10 US 10-year yields down 2.9 bps to 4.15% Bitcoin up $2544 to $101,540 Gold up $1 to $2633 S&P 500 up 0.2% JPY leads, AUD lags The theme all week is that it’s been tough to tie market moves to economic news/data and today was no

Gold prices inched up on Friday after the November U.S. job growth report suggested the labor market continues to ease gradually, leaving room for the Federal Reserve to cut interest rates again. Spot gold gained 0.2% to $2,636.31 per ounce by 01:41 p.m. ET (1841 GMT). U.S. gold futures settled 0.4% higher at $2,659.60. U.S.

Dollar came under pressure against European currencies following release of US non-farm payroll report, despite the data being robust overall. In contrast, the greenback held firm against Yen and Aussie, while advancing against Loonie, with the latter pressured by surprisingly large increase in Canada’s unemployment rate, signaling sharp loosening in its labor market. The NFP

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not

Headlines: Markets: CHF leads, NZD lags on the day European equities higher; S&P 500 futures down 0.1% US 10-year yields flat at 4.181% Gold up 0.3% to $2,639.48 WTI crude down 1.0% to $67.60 Bitcoin down 0.6% to $98,451 It was a quiet session in European morning trade today and understandably so. Market players are

Oil prices slipped in early Asian trading on Friday, with weak demand in focus after the OPEC+ group postponed planned supply increases and extended deep output cuts to the end of 2026. Brent crude futures fell by 9 cents, or 0.1%, to $72 per barrel by 0116 GMT. U.S. West Texas Intermediate crude futures fell

Gold prices surged on Friday as market participants braced for US jobs data, which is expected to provide insights into the future trajectory of interest rate cuts. As of 10:13 am, February gold futures were trading at Rs 76,777 per 10 grams on the MCX, up by Rs 301 or 0.39% from the previous session’s

Sterling rallied broadly today, driven by BoE’s Monthly Decision Maker Panel survey, which underscored a complex economic outlook that reinforces the central bank’s cautious approach to policy easing. The survey revealed a mixed picture of inflationary and deflationary pressures. Notably, 54% of businesses anticipate raising prices in response to National Insurance contribution hikes outlined in

Dollar steadied after yesterday’s selloff, recovering slightly as markets braced for the non-farm payroll report. Traders appear increasingly confident about a December rate cut, shifting the focus of today’s employment data toward its implications for January’s FOMC meeting. While the report may still trigger some market volatility, many participants seem inclined to look past this

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not

Gold prices edged lower on Thursday as investors waited for US payroll data expected to provide more insights into the Federal Reserve’s monetary policy path. As of 10:01 am, February gold futures were trading at Rs 76,980 per 10 grams on the MCX, down by Rs 112 or 0.15% from the previous session’s closing price.

US financial markets basked in risk-on sentiment overnight, with S&P 500 and NASDAQ scaling new record highs. Bitcoin seized the momentum, surging past the psychologically significant $100K mark. Dubbed the “Trump Trade,” optimism over President-elect Donald Trump’s policies has returned in full force and is likely to persist, barring surprises from tomorrow’s pivotal non-farm payroll

AUD/USD daily chart From earlier: Australia GDP Q3 0.3% versus 0.4% estimate After the report was released, the aussie dropped and eventually took a run under the key short-term support region of 0.6433-50. There was a slight bounce after as we began European trading but now we’re seeing price run back to the downside. If

Gold prices remained largely unchanged on Wednesday as markets awaited the US jobs data and comments from Federal Reserve Chair Jerome Powell for further clues on the US interest rate cut path. As of 10:10 am, February gold futures were trading at Rs 76,871 per 10 grams on the MCX, down by Rs 32 or

Australian Dollar faced broad declines in Asian trading following Q3 GDP data that fell short of expectations, marking a continued slowdown in the economy. Despite the weakness, the data isn’t severe enough to prompt an immediate policy response from RBA, either this month or in February. The central bank’s decision-making remains anchored on progress in