Gold
Fundamental Analysis

Gold Gains on US-Iran Talks but FOMC Uncertainty Caps Recovery

Gold recovered on Monday and Tuesday after a bearish week as traders applauded the resumption of indirect talks between the US and Iran. Oil prices fell, easing inflation worries and concerns about higher global borrowing costs. However, market participants turned cautious early Wednesday ahead of the FOMC policy meeting.  Spot gold (Source: Bloomberg) Reports revealed Read More…

Fundamental Analysis

Currency Futures Muted as Traders Await Major Central Bank Decisions

Currency futures traded cautiously on Monday as market participants awaited several major central bank policy meetings. At the same time, traders are keeping an eye on developments in the Middle East. Inflation worries eased after reports that mediators from Qatar were in Iran on Sunday. October rate hike chances (Source: Bloomberg WIRP) The new week Read More…