Argentina Trade Balance (MoM) came in at $1M, below expectations ($1409M) in August

Sep 19, 2024

Gold price benefits from Fed’s cut, buyers eye $2,600

Gold prices advanced on Thursday after the Federal Reserve (Fed) embarked on an easing cycle with a 50-basis-point (bps) rate cut.

Forex Today: Will the BoJ surprise markets?

The Greenback could not sustain the optimism seen during the Asian trading hours, eventually surrendering that advance and ending the day with marked losses as investors assessed the prospects of further easing by the Fed in the months to come.