United States CFTC Gold NC Net Positions declined to $212.6K from previous $229.5K
United States CFTC Gold NC Net Positions declined to $212.6K from previous $229.5K
Source: fxstreet.com
Published (UTC): 2025-08-22 21:36:24
Gold climbs as Powell flags rising labor risks, dovish Fed tilt
Gold prices continue to trend higher on Friday after the Federal Reserve (Fed) leaned dovish, as commented by the Fed Chair Jerome Powell, who said that “downside risks to the labor market are rising.” XAU/USD trades at $3,371 after hitting a daily low of $3,321.
Source: fxstreet.com
Published (UTC): 2025-08-22 20:44:54
USD/CHF tumbles as Powell's Jackson Hole remarks trigger US Dollar selloff
The Swiss Franc (CHF) surges against the US Dollar (USD) on Friday after Federal Reserve (Fed) Chair Jerome Powell's remarks at the Jackson Hole Symposium triggered a broad-based Greenback selloff. At the time of writing, USD/CHF is trading near 0.8003, down almost 1% on the day after briefly touching 0.8104, its highest level in nearly two weeks, before reversing to its lowest in around three and a half weeks.
Source: fxstreet.com
Published (UTC): 2025-08-22 20:31:24
Gold (XAUUSD), Silver, Platinum Forecasts – Gold Tests Weekly Highs As Dollar Retreats
Powell's comments in Jackson Hole provided significant support to precious metals.
Source: fxempire.com
Published (UTC): 2025-08-22 19:46:25
U.S. Dollar Dives After Powell's Dovish Comments: Analysis For EUR/USD, GBP/USD, USD/CAD, USD/JPY
Powell signaled that Fed was ready to cut rates in September.
Source: fxempire.com
Published (UTC): 2025-08-22 19:06:13
NZD/USD rebounds from four-month low as Powell's Jackson Hole remarks sink US Dollar
The New Zealand Dollar (NZD) strengthens against the US Dollar (USD) on Friday, with NZD/USD rebounding from its lowest level since April 11 as traders reacted to Federal Reserve (Fed) Chair Jerome Powell's cautious remarks at the Jackson Hole Economic Symposium. At the time of writing, the pair is trading near 0.5860, recovering sharply from an intraday low of 0.5800.
Source: fxstreet.com
Published (UTC): 2025-08-22 17:37:30
USD/CAD slides as Powell turns dovish, Canadian Retail Sales upbeat
USD/CAD tumbles over 0.49% during the North American session as Fed Chair Jerome Powell leaned dovish and strong Canadian Retail Sales boosted the Loonie. At the time of writing, the pair trades at 1.3835 after hitting a daily high of 1.3924.
Source: fxstreet.com
Published (UTC): 2025-08-22 17:21:27
USD/JPY retreats from three-week high as Powell's remarks amplify September rate cut bets
The Japanese Yen (JPY) advanced strongly against the US Dollar (USD) on Friday, with USD/JPY retreating from an intraday high of 148.78 to trade near 146.66, down almost 1% on the day. The pullback marks a reversal from the pair's strongest level in three weeks, as investors unwound US Dollar positions following Federal Reserve (Fed) Chair Jerome Powell's cautious remarks at the Jackson Hole Symposium.
Source: fxstreet.com
Published (UTC): 2025-08-22 17:05:27
Pound Sterling Price News and Forecast: GBP/USD jumps past 1.3500 as Powell leans dovish
The GBP/USD rallies as the Fed Chair Jerome Powell takes the stand at the Jackson Hole Symposium. At the time of writing, the pair trades above 1.3500 after Powell hints that the Fed might be ready to resume its easing cycle.
Source: fxstreet.com
Published (UTC): 2025-08-22 16:50:57
EUR/USD jumps above 1.1700 on Powell's dovish words
The US Dollar (USD) collapsed as Federal Reserve (Fed) Chair Jerome Powell delivered his speech at a Jackson Hole Symposium, with EUR/USD peaking at 1.1707, up roughly 100 pips in the last few minutes on Friday.
Source: fxstreet.com
Published (UTC): 2025-08-22 16:47:57
GBP/USD jumps past 1.3500 as Powell leans dovish
The GBP/USD pair rallies on Friday as the Federal Reserve (Fed) Chair Jerome Powell takes the stand at the Jackson Hole Symposium. At the time of writing, the pair trades above 1.3500 after Powell hinted that the Fed might be ready to resume its easing cycle in September.
Source: fxstreet.com
Published (UTC): 2025-08-22 16:46:45
Silver extends rally as Powell's Jackson Hole remarks boost Fed cut bets
Silver (XAG/USD) rallies sharply on Friday, rebounding from an intraday low of $37.70 to trade near $38.70, up around 1.40% on the day. The move came as traders repositioned after Federal Reserve (Fed) Chair Jerome Powell struck a cautious but flexible tone in his Jackson Hole address, leaving the door open to monetary policy easing.
Source: fxstreet.com
Published (UTC): 2025-08-22 16:40:03
AUD/USD rises toward 0.6500 as USD weakens on dovish Powell tone
Following the bearish action seen throughout this week, AUD/USD reversed its direction and climbed toward 0.6500 in the American session on Friday, erasing a portion of its weekly losses in the process.
Source: fxstreet.com
Published (UTC): 2025-08-22 16:39:24
Strong increase in Swiss Gold exports to the US – Commerzbank
Switzerland exported larger quantities of Gold to the US again in July, according to foreign trade data from the Federal Customs Administration, Commerzbank's commodity analyst Carsten Fritsch notes.
Source: fxstreet.com
Published (UTC): 2025-08-22 16:27:08
Gold Price Outlook – Gold Continues to Sit Near 50 Day EMA
The gold market continues to see a magnet in the form of the 50 Day EMA, as we continue to wait for volume to return from the vacation season, and a bit of help in the form of the Federal Reserve.
Source: fxempire.com
Published (UTC): 2025-08-22 16:26:18
Gold tops $3,350 as Powell puts September rate cut on the table
Gold price rises as the Fed Chair Jerome Powell opens the door for a September rate cut as he said that “downside risks to the labor market are rising.” At the time of writing, the XAU/USD trades volatility, surpassing the $3,350 initial resistance, up by 0.40%.
Source: fxstreet.com
Published (UTC): 2025-08-22 16:15:13
Silver Price Outlook – Silver Continues to Sit Above Support
The silver market continues to hang around the same area, as we are waiting for the speech from Jerome Powell later on Friday. The silver market is highly sensitive to the interest rate situation and the US dollar, so we need to pay close attention to the Friday close.
Source: fxempire.com
Published (UTC): 2025-08-22 16:01:49
EUR/USD, USD/JPY and AUD/USD Forecast – US Dollar Continues to Look for Guidance
The Friday session will produce the Jackson Hole speech from Jerome Powell, giving traders something to think about on how the monetary policy of the Federal Reserve is leaning towards. This will obviously influence the US dollar.
Source: fxempire.com
Published (UTC): 2025-08-22 15:43:10
Barrick Mining's Gold output rebounds: Can momentum build ahead?
Barrick Mining Corporation (B Quick) saw higher gold production in the second quarter, delivering 797,000 ounces, a 5% increase from the prior quarter. This follows a 30% sequential decline in the first quarter to 758,000 ounces, the lowest quarterly output in recent years, mainly impacted by the suspension of operations at the Loulo-Gounkoto mine.
Source: fxstreet.com
Published (UTC): 2025-08-22 15:18:07
EUR/GBP consolidates above 0.8650 as German GDP contracts and UK sentiment improves
The EUR/GBP cross is trading with subdued price action on Friday, consolidating above the 0.8650 level after paring earlier losses during the American session. At the time of writing, the cross is changing hands near 0.8653, showing resilience despite the Euro's slight weakness following a deeper-than-expected contraction in Germany's second-quarter Gross Domestic Product (GDP), which shrank by 0.3% against the initial estimate of -0.1%.
Source: fxstreet.com
Published (UTC): 2025-08-22 15:02:27