Previous data analysis shows that gold's price inverse-correlation with NFP surprise weakens slightly by the fourth hour after the release. Historically, how impactful has the US jobs report been ...
Weaker-than-expected NFP numbers may give XAU/USD a minor boost. "Spot gold is biased to break support at $2,894 per ounce and fall into the $2,861 to $2,879 range", said Reuters analyst Wang Tao.
Gold (XAU/USD) is trading just above $2,910, maintaining a narrow range as investors assess upcoming U.S. Nonfarm Payrolls (NFP) data. A weaker U.S. dollar and increasing expectations of Federal ...
A more important event is tomorrow’s nonfarm payroll (NFP) report, so market participants will probably be cautious ahead of it. "If the number comes out really bad, I would imagine gold sells off.
Gold price remains confined in a range on Friday as traders keenly await the US NFP release. Rising trade tensions, the risk-off mood, and a weaker USD lend support to the precious metal.
Gold shows strength at record levels as the price consolidates, while the US Dollar Index hits the support at 103.50 under ...
Happy Friday, traders. Welcome to our weekly market wrap, where we take a look back at these last five trading days with a focus on the market news, economic data, and headlines that had the most ...
Gold futures on Bursa Malaysia Derivatives ended higher on Friday ahead of the release of the US non-farm payrolls (NFP) later today. SPI Asset Management managing partner Stephen Innes said the NFP ...
More aggressive matching formulas. Some employers are making changes to their 401 (k) match to encourage higher savings rates, according to Massa. For example, instead of the traditional 100% match on ...
Gold prices remained subdued above the $2,900 per ounce mark on Friday even as the precious metal is set to experience a weekly gain. “The commodity, however, remains confined in a multi-day-old ...