Market OverviewLast week’s non-farm employment change resulted in mixed reactions, coming in at 142k—lower than expected but higher than the previous month, placing it between both levels.The markets
Market OverviewLast weeks non-farm employment change resulted in mixed reactions, coming in at 142k—lower than expected but higher than the previous month, placing it between both levels.The markets a
Gold retreated after failing to test the all-time high of $2,531 and diving more than 0.80% late in the North American session. US economic data cast doubts on a 50 or 25-basis-point (bps) interest ra
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Weaker-than-expected ADP Nonfarm employment change hammers the dollar lower. Gold rose to near all-time high levels ahead of the NFP reading with high Fed rate cut expectations. OPEC+ is set to extend
The Week Ahead: Week of 9 September (GMT+2)Market Weigh the Odds, CPI To Tip the Scales?Tuesday, 10 September 2024, 08:00German CPI (YoY) (Aug) The German Consumer Price Index (CPI) preliminary data r
Market OverviewUkraine launched an offensive, taking 600 hostages and damaging infrastructure to gain leverage in talks with Russia. In response, Russia launched a series of missile and drone attacks
Product: XAU/USDPrediction: IncreaseFundamental Analysis:On Thursday, weak US ADP job data hurt the dollar, causing spot gold to rise sharply. It closed up by $21.36, or 0.86%, at $2516.58 per ounce,
Market AnalysisGOLD - GOLD rose after yesterday’s trading, as traders shifted toward safe-haven assets ahead of the NFP report and the FED's rate cut decision. There is potential for prices to continu
Recently, major financial institutions, including Citigroup and JPMorgan Chase, have predicted that the Federal Reserve may implement a 50 basis point interest rate cut this month. This forecast is pr
The Jordan Financial Expo (JFEX) 2024 came to a spectacular end for GTC FX, marking a phenomenal conclusion to our participation at one of the regions most prestigious financial events. The two-day ex
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In the current complex global energy market, two key factors are influencing the fluctuation of oil prices. Firstly, according to insiders, due to the oil price falling to its lowest level in nine mon
The dollar lost ground as the Feds Beige Book suggests the U.S. economy is contracting. BoC cuts interest rates by 25 bps, but the Canadian dollar remains stable. Gold climbs to near the $2500 mark as
Product: XAU/USDPrediction: DecreaseFundamental Analysis: On Wednesday, during the US trading session, gold prices surged briefly, reaching $2,500 due to weaker US job vacancy data. On Thursday, gold
MARKET ANALYSISGOLD - GOLD is currently near 2483.417, and is finding support from this level. We expect further trading to happen soon as data releases are underway, especially with the news to be re
MARKET ANALYSISGOLD - GOLD is currently near 2483.417, and is finding support from this level. We expect further trading to happen soon as data releases are underway, especially with the news to be re
Gold's price aimed higher during the North American session after weaker-than-expected jobs data in the United States (US) increased the odds for a 50-basis-point (bps) rate cut by the Federal Reserve
The first day of the Jordan Financial Expo (JFEX) 2024 was a remarkable success for GTC FX! Held at the luxurious Movenpick Hotel in Amman, our presence at Booth #2 truly stood out, drawing significan
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