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Natural Gas bounces higher despite Norwegian exports back to full volumes
Natural Gas price (XNG/USD) trades marginally higher above $2.85 on Friday, extending this week’s positive move, with markets ignoring that the Norwegian Gas is flowing again in full volume towards Europe and the UK.Fxstreet
Jun 7, 2024
Commodities
Gold breaks lower after news People’s Bank of China halts buying
Gold (XAU/USD) is trading over one and a half percentage point lower in the $2,330s on Friday after the news that the People’s Bank of China (PBoC) suddenly halted its Gold purchases in May after an 18-month stretch of buying.
Fxstreet
Jun 7, 2024
Forex
Mexican Peso weakens on investor fears over new administration
The Mexican Peso (MXN) pauses its decline on Friday after another bout of selling since the beginning of the week, sparked by investor fears regarding the market impact of radical changes to the Mexican constitution proposed by the country’s recently-re-elected left-wing administration.
Fxstreet
Jun 7, 2024
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