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United States 20-Year Bond Auction rose from previous 4.506% to 4.706%

Gold Price Forecast: XAU/USD back below $4,100 amid resurgent USD demand

Risk aversion dominates financial markets in the American session on Wednesday, resulting in a much firmer US Dollar (USD) across the FX board. In the case of XAU/USD, demand for safety benefits both Gold and the Greenback, keeping the pair afloat, though off its intraday high of $4,132.
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New Zealand Dollar declines amid risk aversion, RBNZ rate cut expectations

NZD/USD trades around 0.5600 at the time of writing on Wednesday, down 1.10% on the day, hitting a new eight-month low as disappointing New Zealand data and a broader deterioration in risk sentiment weigh heavily on the currency.
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