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EUR/USD drops even though the Dollar pared some of its earlier gains on Friday sparked by solid US economic data releases in the week, which has improved the outlook for the labor market. This trimmed the chances for further easing by the Federal Reserve, a tailwind for the Greenback. The pair trades at 1.1599, down 0.08%.Euro edges lower as strong US labor and production data underpin the Dollar despite fading momentumThe shared currency is poised to end the week negatively, following solid jobless claims revealed on Thursday. This, a spike on factory inflation and US President Trump reluctancy to nominate…

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Highlights include US PCE, BoJ, China Activity Data, Flash PMIs, and Inflation from the UK, Japan and Canada   Marketwatch MON: US Holiday (MLK Day), Eurogroup Summit; EZ Final HICP (Dec), Canadian CPI (Dec), Chinese GDP (Q4), US Leading index (Oct), Housing Starts/Building Permits (Oct), Philadelphia Fed (Jan), New Home Sales (Nov), Australian Flash PMIs (Jan) TUE: PBoC LPR, EU Economic & Financial Affairs Council, UK Unemployment Rate & Average Earnings (Nov), Swiss Producer Prices (Dec), German ZEW (Jan), French & German Flash PMIs (Jan) WED: IEA OMR; UK CPI (Dec) THU: ECB Minutes (Dec), Norges Bank Policy Announcement, CBRT…

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Learn about the process of gold redefining, where old jewellery, scrap, and bullion are stripped back to their purest form, valued with precision, and reborn as tradable gold.  Read on. If you have ever sold gold jewellery, scrap, or bullion to any gold buyer in Brisbane, you must have thought, “What really happens with my gold? Does it get melted down? Is it resold as is? How do buyers obtain its real value?” For many people, gold refining may sound complex, but it’s actually pretty simple and easy to understand. This guide explains, step by step, how refining works in…

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Gold (XAU/USD) registers losses of over 0.70% on Friday as traders take profits, as in the last two weeks, data in the US has shown the labor market is not as weaker as expected. Therefore, traders are turning skeptical that the Federal Reserve (Fed) might go for two cuts, as reflected by the swaps markets. XAU/USD trades at $4,580 at the time of writing.Bullion retreats as resilient US data, easing geopolitical risks push traders to cut aggressive Fed easing betsMarket mood is turning negative as US President Donald Trump shook the markets, as he seems reluctant to nominate the National…

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Read on to understand how investing in gold through your SMSF works, what the ATO actually requires, and how physical bullion can add real balance to your retirement strategy. If you manage your own super, chances are you’ve thought about gold at some point. That’s the way markets move, after all. Inflation chews up money. Property and shares don’t always go the way you think they should. That’s about when SMSFs’ gold investment starts considering investments with more substance. The bright side is this: investing in gold with your SMSF is legal in Australia, provided you comply with the laws.…

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GBP/USD edges higher after registering modest losses in the previous session, trading around 1.3380 during the Asian hours on Friday. The pair may further lose ground as the US Dollar (USD) receives support after Thursday’s US Initial Jobless Claims data, which reinforced expectations that the Federal Reserve (Fed) will keep interest rates on hold for the coming months.Data from the US Department of Labor (DOL) showed Initial Jobless Claims unexpectedly fell to 198K in the week ended January 10, below market expectations of 215K and down from the prior week’s revised 207K. The data confirmed that layoffs remain limited and…

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