[ad_1] Gold, Retail Trader Positioning, Technical Analysis – IGCS Update Gold prices weakened for 4 consecutive weeks Retail traders continue to become more bullish What are key levels to watch for in XAU/USD? Recommended by Daniel Dubrovsky Get Your Free Gold Forecast Gold prices concluded a 4th consecutive week of losses this past Friday. In
[ad_1] Share: UK Retail Sales for July disappoint with a -1.2% MoM drop, surpassing the anticipated -0.5% decline. Strong UK GDP readings and high wages keep BoE rate hike expectations alive, with a 6% peak on the Bank Rate anticipated. Eyes on upcoming PMIs, housing data, and Fed Chair Jerome Powell’s speech for
[ad_1] © Reuters Investing.com – The U.S. dollar slipped lower in early European trade Friday, retreating from two-month highs but is still on course for a fifth consecutive winning week as a resilient U.S. economy suggested higher rates for longer. At 03:20 ET (07:20 GMT), the , which tracks the greenback against a basket of
[ad_1] GBP PRICE, CHARTS AND ANALYSIS: Free Forecast on the GBP Below, Download Now Recommended by Zain Vawda Get Your Free GBP Forecast Read More: EUR/GBP, GBP/USD Remain Rangebound as GBP Faces a Defining Week GBP struggled this morning as UK retail sales disappointed in the face of a rainy and wet month of July.
[ad_1] Crude Oil, WTI, Retail Trader Positioning, Technical Analysis – IGCS Commodities Update Crude oil price 7-week winning streak coming to an end? Retail traders are starting to turn bullish on the commodity This is a sign that further losses might be ins tore for oil Recommended by Daniel Dubrovsky What is the outlook for
[ad_1] Canadian Dollar, USD/CAD, Technical Analysis, Retail Trader Positioning – IGCS Update Canadian Dollar depreciated to its weakest level since late May Retail traders have been increasing USD/CAD downside bets Alongside technical cues, positioning supports a bullish bias Recommended by Daniel Dubrovsky What is the outlook for the US Dollar? The Canadian Dollar continued its
[ad_1] Gold, Retail Trader Positioning, Technical Analysis – IGCS Update Gold prices aiming for worst month since February Retail traders continue to become more net-long XAU/USD at risk after breaking below trendline Recommended by Daniel Dubrovsky Get Your Free Gold Forecast So far this month, gold prices have weakened about -3.2 percent as a combination
[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