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Gold’s Path Higher: Weak Labor Data and Key Economic Releases in Focus The Federal Reserve is walking a tightrope as it approaches the September 18 meeting, with the focus now squarely on the labor market. Under its dual mandate of price stability and maximum employment, the Fed has made considerable progress on controlling inflation, but … Read more

Gold’s Outlook: Will Weak Labor Data Push It Higher? The U.S. labor market has taken center stage as we approach the highly anticipated September 18 Federal Reserve meeting. With the STIR market currently pricing in four full rate cuts by year-end, there’s increasing speculation that one of the remaining three Fed meetings could deliver a … Read more

Gold’s Path Higher: Weak Labor Data and Key Economic Releases in Focus Gold is finding strong support, with the dollar weakening and real yields on the decline. Today’s economic releases, especially the ISM Services data and critical employment reports, could provide the fuel for gold to continue its path higher. Traders are paying close attention … Read more

ISM Services: Another Trigger for Dollar Moves? Employment Data in Focus Today, all eyes are on the ISM Services data, which could be a key driver of dollar moves, especially as it coincides with critical employment releases. With the service sector still a major pillar of the US economy, a print below 49.6 on the … Read more

CAD Under Pressure: What Bank of Canada Might Do Today The Bank of Canada’s interest rate decision today is widely anticipated to result in a 25-basis-point cut, with about 80% of market participants pricing in this outcome. This expectation is based on a combination of rising unemployment and a slowdown in inflation, which has put … Read more

Why September Spells Trouble for Stocks September is known among market participants as the most challenging month for US stocks, and historical data spanning nearly a century backs this claim. For the last 96 years, the S&P 500 has consistently underperformed during September, a pattern that’s been especially evident over the past decade in the … Read more

Dollar/CAD: Ready for a Rebound? The extended downside in Dollar/Yen has traders asking: Will strong U.S. jobs data reverse the trend? Key levels are in focus as we approach a critical week. Dollar/Yen has experienced a significant sell-off, pushing the pair to levels that are increasingly capturing market attention. This extended downside has been driven … Read more

Dollar/CAD: Ready for a Rebound? Jerome Powell’s recent signals have traders speculating on a potential rebound in Dollar/CAD. Is the market poised for a shift? Dollar/CAD has been under considerable pressure lately, with the pair reflecting broader trends in U.S. dollar weakness. However, this week brings a series of crucial U.S. labor data releases, including … Read more

Oil Markets: OPEC’s Next Move Oil markets are under renewed pressure this morning following reports that OPEC+ plans to gradually increase production starting in October. This strategic decision, coupled with weaker-than-expected economic data out of China, has exerted downward pressure on oil prices, leading to concerns about the near-term outlook for the energy sector. As … Read more

Swiss Franc: Potential Catalyst Ahead Tomorrow’s Swiss CPI data release is shaping up to be a crucial event for currency traders, especially those focused on the Swiss franc. With market expectations leaning towards a softer inflation print, the data could have significant implications for the Swiss National Bank’s (SNB) upcoming rate decision at the end … Read more