[ad_1] Gold (XAU/USD) Analysis Gold sinks as yields and strong US economy weigh on the metal Gold selloff picks up steam after confluence resistance tag GLD outflows pick up as gold price heads lower The analysis in this article makes use of chart patterns and key support and resistance levels. For more information visit our
[ad_1] Headlines: Markets: EUR leads, AUD lags on the day European equities lower; S&P 500 futures down 0.5% US 10-year yields up 5.1 bps to 4.232% Gold down 0.3% to $1,901.09 WTI crude down 1.0% to $81.69 Bitcoin down 0.1% to $29,331 China was in the headlines once again, performing three rate cuts in one
[ad_1] Australian Dollar, AUD/USD, US Dollar, China, PBOC, Japan, Commodities – Talking Points The Australian Dollar bounced despite data that would normally undermine it China’s economy will every bit of the rate cut from the PBOC today as its woes continue If the USD resumes its ascension, where will that leave USD/JPY and AUD/USD? Recommended
[ad_1] Gold, XAU/USD, US Dollar, China, Yuan, Treasury Yields, DXY Index, GVZ – Talking Points The gold price headwinds persist as Treasury yields push higher, boosting USD The PBOC has adjusted policy as the outlook for China faces challenges Volatility remains low but has inched up slightly. If it goes higher, where to for XAU/USD?
[ad_1] © Reuters Investing.com — Most Asian currencies sank on Monday, while the dollar rose to a five-week high as a stronger-than-expected U.S. inflation reading drove up fears that the Federal Reserve could keep raising interest rates. Concerns over worsening economic conditions in China also kept sentiment towards Asian assets dim, especially amid reports of
[ad_1] © Reuters Investing.com – The U.S. dollar rose in early European trade Monday, trading near a five-week high on concerns the Federal Reserve could keep raising interest rates, while property sector concerns weighed on the Chinese yuan. At 03:20 ET (07:20 GMT), the , which tracks the greenback against a basket of six other
[ad_1] © Reuters. FILE PHOTO: Russian rouble and U.S. dollar banknotes are seen in this illustration photo taken March 10, 2023. REUTERS/Dado Ruvic/Illustration/File Photo The Russian rouble fell past the psychologically key 100 per U.S. dollar threshold for the first time since March last year on Monday. President Vladimir Putin’s economic advisor said Russia was
[ad_1] It’s something of a three-day trading week in North America with nothing notable on the economic calendar today or on Friday. That’s contrasted by a busy day tomorrow with US retail sales and Canadian CPI. The lone item of note today is the BOC senior loan officer survey at 10 am ET and that’s
[ad_1] © Reuters. FILE PHOTO: Sheets of the newly designed Russian 100-rouble banknotes are seen at the Goznak printing factory in Moscow, Russia July 6, 2022. Moscow News Agency/Handout via REUTERS MOSCOW (Reuters) -President Vladimir Putin’s economic adviser rebuked the central bank on Monday as the rouble slid past 101 per U.S. dollar, blaming its
[ad_1] © Reuters. FILE PHOTO: Japanese Yen and U.S. dollar banknotes are seen in this illustration taken March 10, 2023. REUTERS/Dado Ruvic/Illustration/File Photo By Ankur Banerjee SINGAPORE (Reuters) – The slipped on Monday to its lowest in the year against the dollar, breaching the key 145 level before regaining some ground as traders warily looked
