United States MBA Mortgage Applications climbed from previous -3.8% to 3.1% in August 1

Aug 6, 2025

AUD/USD: Above 0.6520, AUD may turn away from 0.6405 – UOB Group

Downward momentum is slowing; a breach of 0.6520 would indicate that Australian Dollar (AUD) is not breaking below 0.6405, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.

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Aug 6, 2025

Gold Price Forecast: XAU/USD hesitates around $3,400, still holds 20-day EMA

Gold price (XAU/USD) corrects to near $3,360.00 on Wednesday after a three-day winning streak. The precious metal retraces even as traders remain increasingly confident that the Federal Reserve (Fed) will resume its monetary-expansion cycle in the September policy meeting.

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United States MBA Mortgage Applications climbed from previous -3.8% to 3.1% in August 1

AUD/USD: Above 0.6520, AUD may turn away from 0.6405 – UOB Group

Gold Price Forecast: XAU/USD hesitates around $3,400, still holds 20-day EMA