Gold Bounces Off Daily Low; Remains Close To Nearly Two-Week Top Amid Fed Rate Cut Bets
Gold (XAU/USD) recovers slightly from the daily low, though it sticks to a mildly negative tone heading into the European session amid a combination of negative factors.
USD/JPY Extends Decline As Yen Recovers On Intervention Fears
The USD/JPY pair fell to 156.13 on Thursday, with the Japanese yen recouping recent losses as markets remain on high alert for potential intervention by Japanese authorities.
US Dollar Index Retreats Below 99.50 On Rate Cut Expectations
The US Dollar Index, an index of the value of the US Dollar measured against a basket of six world currencies, trades on a negative note near 99.45 during the early European trading hours on Thursday.
Australian Dollar Strengthens As US Dollar Dips On Fed Rate Cut Odds
The Australian Dollar (AUD) gains against the US Dollar (USD) on Thursday, extending its gains for the fifth successive session.