United States MBA Mortgage Applications dipped from previous 10.9% to -1.4% in August 15

Aug 20, 2025

Gold Price Forecast: XAU/USD approaches key resistance around $3,330

Gold (XAU/USD) is trimming some losses on Wednesday, drawing support from the sour market sentiment. The precious metal has bounced from two-week lows right above $3,300, but remains capped below previous support at the $3,330 area, which leaves the broader bearish trend intact.

NZD/USD licks its wounds above 0.5815 after a post-RBNZ selloff

The New Zealand Dollar is the worst performer of the G8 currencies so far on Wednesday. The pair has lost more than 1% against the US Dollar, following a “dovish cut” by the Reserve Bank of New Zealand earlier today, which sent the pair to four-month lows at 0.5815.