Gold (XAU/USD) Analysis, Prices, and Charts US bond yields hit fresh multi-year highs. Gold readying for another shot at $2k. Learn How to Trade Gold with our Free Guide Recommended by Nick Cawley How to Trade Gold DailyFX Economic Calendar The precious metal made an attempt to break $2,000/oz. late Friday but was unable to
UPCOMING EVENTS: Tuesday: AU-JP-EZ-UK-US PMIs, UK Unemployment Rate. Wednesday: Australia CPI, German IFO, BoC Policy Decision. Thursday: ECB Policy Decision, US Durable Goods, US GDP Q3, US Jobless Claims. Friday: Tokyo CPI, Australia PPI, US Core PCE. Tuesday The ONS last week published only the figures on the workers’ earnings, vacancies and real time information
Share: USD/CAD refreshes day low as higher oil prices strengthen the Canadian Dollar. Canadian Retail Sales report indicates that automobile demand remained weak. The US Dollar turned soft due to neutral guidance from Fed Powell. The USD/CAD pair faces selling pressure after a less-confident pullback move to near the round-level resistance of 1.3700
AUD/USD OUTLOOK: AUD/USD rises for the second straight day Despite today’s moves in FX markets, geopolitical tensions in the Middle East and rising U.S. Treasury yields create a hostile backdrop for the Australian dollar This article looks at key AUD/USD’s technical levels to watch this week Trade Smarter – Sign up for the DailyFX Newsletter
The report says that the price outlook for the fiscal year 2023 is being considered to be revised higher to closer to 3%. Meanwhile, the Japanese central bank is said to discuss raising the price outlook for the fiscal year 2024 to 2% or above but to keep the outlook for the fiscal year 2025
Euro, EUR/USD, US Dollar, EUR/JPY, Japanese Yen, EUR/GBP, British Pound, Trend, Range – Talking Points Euro appears to be struggling against the US Dollar with a trend unfolding EUR/JPY has steadied after a downside breakout move was rejected EUR/GBP continues to bounce around in the range for now. Will EUR/GBP break out? Recommended by Daniel
UPCOMING EVENTS: Monday: Japan Industrial Production, NZ CPI, PBoC MLF. Tuesday: RBA Meeting Minutes, UK Jobs report, German ZEW, Canada CPI, US Retail Sales, US Manufacturing Production, US NAHB Housing Market Index. Wednesday: China GDP, China Industrial Production, China Retail Sales, China Unemployment Rate, UK CPI and PPI, US Housing Starts and Building Permits. Thursday:
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not
Discover how this surprising move has weakened the pound against the powerful US dollar, and why the eurozone economy also plays a role in its performance. Nicholas Cawley gives his views on what the future holds for the pound’s exchange rate against the Japanese yen. لینک منبع : هوشمند نیوز
CRUDE OIL PRICES OUTLOOK Oil prices extend losses for the second consecutive day, reversing most of Monday’s rally Despite the recent pullback, geopolitical tensions in the Middle East create a constructive backdrop for energy markets. This article looks at the key technical levels for oil to keep an eye on in the coming days. Trade
