Gold Price Steadies as US Real Yields Offset by Potential BRIC Demand. Lower XAU/USD?

Gold, XAU/USD, Treasury Yields, TIPS, Real Yields, BRIC, Gold Hoarding – Talking Points The gold price is struggling to break the range as hurdles are ignored for now More important than elevated Treasury yields, real yields have been strengthening BRIC nations might be eyeing gold for alternative purposes. Will it drive XAU/USD north? Trade Smarter

Japan Jibun Bank August Services PMI 54.3 (prior 53.8)

Services: 54.3 Composite: 52.6 Flash reading here: Last week we had the final manufacturing number: Earlier from Japan, the biggest y/y drop in household spending since February of 2021: ADVERTISEMENT – CONTINUE READING BELOW Tags ADVERTISEMENT – CONTINUE READING BELOW Most Popular ADVERTISEMENT – CONTINUE READING BELOW ADVERTISEMENT – CONTINUE READING BELOW لینک منبع :

DXY stays defensive above 104.00 amid Fed concerns, focus on US Factory Orders

Share: US Dollar Index remains dicey after a downbeat start to the week that snapped two-day winning streak. Mixed US data, unimpressive Fed talks confirms September inaction, odds of witnessing one rate hike in 2023 defend DXY bulls. US Labor Day holiday, China-inspired risk-on mood allowed Greenback buyers to take a breather. US

ANZ is targeting 150 on USD/JPY, but is wary of verbal yen intervention

Following up on this from last week: More: ANZ … targeting a move toward 150. The bank believes that this trajectory will hold unless there’s a substantial shift in the rate outlook for either the U.S. or Japan. While intervention from policymakers could pose a risk, ANZ anticipates that mere verbal intervention, or “jawboning,” will

USER GUIDE – Noesis – Other – 4 September 2023

Product page : https://www.mql5.com/en/market/product/104283 1. What is this EA? How does it enter trades? 2. Input definitions + On-chart Panel & Buttons. 3. Basic Noesis optimisation guide. 4. Problems with the EA / Troubleshooting. 1.  Noesis is an expert advisor that uses pending orders placed into profit of an open trade to increase any profitable

South Korea FX Reserves fell from previous 421.8B to 418.3B in August

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any

Best Agimat Reversal MT4 Indicator

In the ever-evolving landscape of financial markets, traders are constantly seeking tools that can provide them with a competitive edge. One such tool that has gained significant attention is the Agimat Reversal MT4 Indicator. In this article, we will delve into the world of this indicator, exploring its features, benefits, and how it can revolutionize

Forexlive Americas FX news wrap: No drama on Labor Day

Markets: WTI crude up 43-cents to $85.98 GBP leads, USD lags US/Canada bonds and equities closed There wasn’t much to report in terms of price action in North American trading. The holidays in the US and Canada kept a lid on the market and there wasn’t any news to jar markets. The overall tone is

Dives to 7-day lows below 0.8550, as bears stepped in

Share: EUR/GBP pair drops to a new seven-day low of 0.8546, influenced by market expectations of a BoE rate hike and ECB’s unchanged stance. Technical analysis shows the pair struggling to break the 50-day SMA at 0.8582, maintaining a downtrend with a year-to-date low of 0.8492 in sight. Despite the downtrend, a falling

FTSE 100, DAX 40, CAC 40 Track Asia Higher

Article by IG Senior Market Analyst Axel Rudolph FTSE 100, DAX40, CAC 40 Analysis and Charts ​​​FTSE 100 begins the week on a positive note ​The FTSE 100 extends its gains following a positive session in Asia on growing expectations that the Federal Reserve (Fed) won’t continue to hike its rates. ​The UK blue chip