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Gold Price Forecast: XAU/USD back below $4,100 amid resurgent USD demand
Gold Price Forecast: XAU/USD back below $4,100 amid resurgent USD demand
Risk aversion dominates financial markets in the American session on Wednesday, resulting in a much firmer US Dollar (USD) across the FX board. In the case of XAU/USD, demand for safety benefits both Gold and the Greenback, keeping the pair afloat, though off its intraday high of $4,132.
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USD/CAD Price Forecast: Targets nine-day EMA support near 1.3800
USD/CAD Price Forecast: Targets nine-day EMA support near 1.3800
USD/CAD trades around 1.3830 during the European hours on Friday, remaining subdued after registering nearly a quarter-percent loss in the previous session.
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