Gold, Silver Look for Support After Strong US Growth Propels the Dollar Higher

[ad_1] Gold, Silver Analysis Recommended by Richard Snow Get Your Free Gold Forecast Dollar Boost Poses a Threat to the Long-Term Uptrend in Gold The long-term uptrend in gold, signified by the ascending channel came under pressure during the week ending 23 June after registering a break and close below channel support. This was followed

Dollar slips from highs; yen volatile after BOJ shift By Investing.com

[ad_1] © Reuters Investing.com – The U.S. dollar edged higher in early European trade Friday, adding to the previous session’s strong gains, while the Japanese yen gained after the Bank of Japan shifted its monetary policy. At 03:15 ET (07:15 GMT), the , which tracks the greenback against a basket of six other currencies, traded

USD/ZAR Shrugs Off Resurgent Dollar, Eyes Break of 17.50 Support

[ad_1] USD/ZAR PRICE FORECAST: Recommended by Zain Vawda Get Your Free USD Forecast MOST READ: USD/ZAR Rises as SA Reserve Bank (SARB) Pauses After 10 Consecutive Hikes The South African Reserve Banks (SARB) recent pause in the hiking cycle was no doubt met with cheers by many consumers locally, yet the Central Bank and some

US Dollar in the Crosshairs as BoJ Tilts Post ECB and Fed Decisions. Lower USD/JPY?

[ad_1] US Dollar, USD/JPY, Japanese Yen, BoJ, Fed ECB, AUD/USD, RBA – Talking Points The US Dollar resumed strengthening today with volatility ticking higher The Bank of Japan let the word out early of an adjustment, then delivered Markets are now reassessing the path of global central bank tightening Recommended by Daniel McCarthy Get Your

US Dollar Weakens Ahead of ECB decision and US Q2 GDP Data

[ad_1] US Dollar (DXY) Analysis USD barely budges after the FOMC announcement as traders require more convincing around another rate hike. Dollar weakness seen this morning ahead of ECB Large speculators, hedge funds positioning suggests greater USD pessimism Major risk events: US Q2 GDP and PCE inflation data The analysis in this article makes use

Dollar edges lower, continuing the Fed-inspired weakness By Investing.com

[ad_1] © Reuters. Investing.com – The U.S. dollar edged lower in early European trade Thursday, adding to the previous session’s losses in the wake of the Federal Reserve’s latest meeting, while the euro climbed ahead of the European Central Bank’s expected rate hike. At 02:55 ET (06:55 GMT), the , which tracks the greenback against

US Second-Quarter GDP Growth Shatters Estimates, Boosting Yields and the Dollar

[ad_1] SECOND-QUARTER USD GDP KEY POINTS: The U.S. economy grew at an annualized rate of 2.4% in the second quarter, well ahead of expectations of 1.8% Personal consumption expenditures, the main driver of economic activity, decelerated to 1.6%, but remained elevated by historical standards Better-than-expected data pushed U.S. Treasury yields higher, boosting the U.S. dollar