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Oct 16, 2026
Gold rebounds above $4,150 as yields fall, Fed Warsh’s speech in focus
Gold price (XAU/USD) edges higher to near $4,165, snapping the three-day losing streak during the early Asian session on Friday. The precious metal rebounds on a weaker US Dollar (USD) and lower US Treasury yields.
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Oct 16, 2026
Australian Dollar crumbles as job losses shatter RBA rate hike hopes
The Aussie Dollar collapsed against the US Dollar, and most G7 currencies after a dismal jobs report in Australia cemented the case that the Reserve Bank of Australia (RBA) will not hike rates this year or in 2027, with money markets pricing in no rate hikes.
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