Federal Reserve (FED) news

The Federal Reserve (FED) is the central banking system in the US. It manages monetary policy to maintain price stability and promote maximum employment. It primarily uses the federal funds rate and open market operations to influence interest rates and the money supply, impacting the US economy and global markets. It also provides forward guidance to shape market expectations.

Gold (XAU/USD) Technical: Overbought but bullish trend remains intact

Gold (XAU/USD) has surged past its April record of US$3,500, rallying 5.3% to a fresh high of US$3,655. The breakout comes as lower US Treasury real yields reduce the opportunity cost of holding gold, fueling demand and reinforcing bullish momentum. With a key support at US$3,600, upside targets sit at US$3,697 and US$3,725, while a break below support could trigger a corrective slide toward US$3,561.

09-09-2025 10:36 GMT by Kelvin Wong

Australian confidence data slips, Aussie rally continues

The Australian dollar's rally continues, despite soft business and consumer sentiment data. The RBA isn't expected to lower rates in September with a stronger likelihood of rate cut in November.

09-09-2025 09:50 GMT by Kenneth Fisher