Author: Nicholas

Nicholas Darvish is a journalist at Spectatordaily.com, focusing on international relations and defense. With a degree in Journalism, he is known for his in-depth analysis and engaging storytelling. Before joining Spectatordaily.com, Nicholas worked at various media outlets, earning accolades for his investigative reporting and nuanced perspectives.

Gold firms in muted trading amid rising conviction of Fed cut

Gold firms in muted trading amid rising conviction of Fed cut

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Gold (XAU/USD) remains firm during the North American session on Thursday amid a low-volume trading session as US markets remain closed in observance of the Thanksgiving holidays. At the time of writing, XAU/USD trades at $4,158, virtually unchanged.XAU/USD stays firm in thin Thanksgiving liquidity as Fed easing expectations riseOn Thursday, Bullion prices seem to be consolidating amid the lack of news. However, the recent US government reopening opened the door for economic data, which so far reassured that the US jobs market remains solid and that inflation stalled and might resume its downward path.This increased the chances of additional easing…

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FX Today: Focus shifts to inflation data in Japan and Germany

FX Today: Focus shifts to inflation data in Japan and Germany

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The US Dollar (USD) navigated an inconclusive range near recent lows, as volatility remained scarce and trade conditions thin in light of the Thanksgiving Day holiday on Thursday. In the meantime, expectations for another rate cut by the Federal Reserve in December remained well in place.Here’s what to watch on Friday, November 28:The US Dollar Index (DXY) lacked clear direction on Thursday, revisiting the 99.40 zone following the inactivity in the US markets. Next on tap on the US calendar will be the ISM Manufacturing PMI, Construction Spending, and the final S&P Global Manufacturing PMI, all due on December 1.EUR/USD…

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