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PRECIOUS-Gold climbs on fresh trade tensions, Fed rate cut bets

… * Gold up nearly 0.9% so far this week. * Dollar on track for weekly loss. * Spot gold biased to break support at $1,404/oz- technicals (Updates prices). By Brijesh Patel. July 12 (Reuters) – Gold prices rose on Friday and were on track to post a weekly gain, …Read more


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PRECIOUS-Gold climbs on fresh trade tensions Fed rate cut bets

July 12 Reuters – Gold prices rose on Friday and were on track to post a weekly gain consolidating above 1400 as renewed Sino-US trade tensions amid global growth jitters and prospects of
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GBP to USD Exchange Rate Recovers from Monday Slump as Fed Rate Cut Bets Persist

Rising Federal Reserve interest rate cut bets keep USD weak After last weeks solid climb of a cent from 12633 While US-Mexico trade jitters have lightened somewhat US-China trade tensions and Federal Reserve interest rate cut bets persist
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Peso climbs to two-month high as Federal Reserve signals cuts

As expected the Fed kept its policy economy growing amid trade tensions abroad and global growth slowdown Interest-rate futures surged in response to the dovish remarks and traders are now betting heavily on three rate cuts by the end of the year
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Gold climbs on fresh trade tensions Fed rate cut bets

July 12 Reuters – Gold prices rose on Friday and were on track to post a weekly gain consolidating above 1400 as renewed Sino-US trade tensions amid global growth jitters and prospects of an interest rate cut by the US Federal Reserve stoked safe
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PRECIOUS-Gold trims gains as equities recoup on fresh trade talks

The news on Sino-US trade talks is good for both US and China as the trade tension had markets betting the next move in US interest rates might be down The Fed funds futures market is now pricing in a good chance of a rate cut by the end
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PRECIOUS-Gold gains on fresh trade tensions Fed rate cut bets

We have a slightly weaker US dollar tensions in theMiddle East and once again prolonged trade dispute between theUS and China which are all supportive said MichaelMcCarthy chief market strategist CMC Markets Fed a rate cut but it hasn
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