Gold Prices Slide as the Greenback Firms Up
XAU/USD runs its second losing week as Middle East fears appear contained and the greenback finds support after the Fed-fueled slump
Senior Financial Editorial Writer
Nikos Tzabouras is a graduate of the Department of International & European Economic Studies at the Athens University of Economics and Business. With extensive experience in market analysis and a strong foundation in international relations, he brings a unique perspective to financial markets. Nikos emphasizes not only technical analysis but also on fundamentals and the growing influence of geopolitics on financial trends.
As a Senior Financial Editorial Writer, he delivers comprehensive and forward-looking insights across a wide range of asset classes, including equities, commodities, and currencies. His work explores how macroeconomic events, political developments, and global policies impact market dynamics, providing readers with a deeper understanding of both short-term movements and long-term trends.
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XAU/USD runs its second losing week as Middle East fears appear contained and the greenback finds support after the Fed-fueled slump
Australia’s central bank raised rates to a 22-year high after four straight holds and raised its inflation forecasts, but also softened its language around the possibility of further moves
The tech heavy index posted its best week in twenty months, boosted by the Fed’s dovish hold and the cool jobs report, overlooking Apple’s revenue slip
Ryanair saw profits up 59% y/y in H1 FY224 as higher fares offset increased fueled costs and expects record full year profit, while announcing ordinary dividend
The pair dropped after the Fed sounded more dovish than previously and the NFPs showed weakness, but finds support today, defending key tech levels
The pair rises to critical levels, building on the gains form the Fed’s dovish hold after today’s US NFPs showed the addition of just 150,000 jobs in October
The UK index extended it gains on Thursday as the Bank of England held rates for second straight meeting, but eases today after hitting key technical levels
Apple’s revenues declined for fourth straight quarter, despite solid iPhone sales, marking the longest slump since 2001
Watch today’s US Open for insights the two consecutive rate holds by the Bank of England and the US Fed, AMD’s return to revenue growth, key incoming events and more
The pair rises past key resistances and into the Ichimoku Cloud after the Fed boost, but reaches overbought levels and now awaits next week’s live meeting by the Reserve Bank of Australia
The tech heavy index rallied on Wednesday after the Fed kept rates unchanged and was more dovish than previously, but now awaits Apple’s earnings and the jobs report
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