Gold has overtaken the Euro (EUR) as the second-largest asset in the reserves of the world’s central banks, driven by record purchases and rising prices,…
China’s central bank added Gold to its reserves for a seventh consecutive month in May. The People’s Bank of China added 60,000 troy ounces of…
European Central Bank (ECB) Governing Council member Joachim Nagel spoke earlier on Sunday and said that the central bank can take its time on interest rates…
Philip Lane, the chief economist of the European Central Bank, indicated that although the majority of factors suggested a continued decline in euro area inflation,…
Here is what you need to know on Wednesday, May 14: Major currency pairs stay relatively quiet early Wednesday following a volatile start to the…
The Chinese central bank PBoC continued to buy Gold in April for the sixth month in a row, Commerzbank’s commodity analyst Carsten Fritsch notes. PBoC…
Here is what you need to know on Friday, May 9: The US Dollar (USD) Index stays in a consolidation phase slightly below 100.50 after…
Here is what you need to know on Tuesday, May 6: Major currency pairs fluctuate in familiar ranges early Tuesday as investors refrain from taking…
GBP/USD is stuck near 1.3300 ahead of Fed, BoE showings. Fed is set to keep rates on hold again as Fed policymaker rhetoric takes center…
Markets await Carney-Trump meeting focused on trade and security. US ISM Services surprises to the upside; Canadian Ivey PMI due Tuesday USD/CAD remains technically fragile…