GOLD ANALYSIS & TALKING POINTS Gold being weighed down by aggressive monetary policy and dwindling inflation. Jobless claims data will give further insight into US labor market. Falling wedge give bulls hope. Recommended by Warren Venketas Get Your Free Gold Forecast XAU/USD FUNDAMENTAL BACKDROP Gold prices have been on the backfoot since mid-July as the
Euro, EUR/USD, US Dollar, Fed, FOMC, Treasury Yields, China, Debt Default- Talking Points Euro bearishness appears intact for now as the US Dollar roars The trend in EUR/USD remains in play but a break above 1.1000 could change that If Treasury yields keep rising on official selling, will that sink EUR/USD? Trade Smarter – Sign
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 comprehensive
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 day
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? Trade
Japanese Yen, USD/JPY, US Dollar, Treasuries, JGBs, China, Commodities – Talking Points The Japanese Yen wilted today after the US Dollar resumed strengthening Treasury yields are outstripping JGBs today, adding to US Dollar lustre China’s outlook remains mired, impacting the region. Will that boost USD/JPY? Recommended by Daniel McCarthy Trading Forex News: The Strategy The
Share: Market sentiment remains sour on China debt woes, geopolitical fears. S&P500 Futures lick its wounds at the lowest level in a month during five-day downtrend. Treasury bond yields approach yearly tops marked earlier in August. Fears emanating from China’s Country Garden, Zhongrong Trust propel debt woes. The risk appetite remains downbeat during
As bond markets puked yesterday, it validated the drop in gold this week amid a firmer dollar as well. Gold may be up 0.3% today (at least for now) but is still down 1.3% on the week and set for its worst performance since mid-June. Looking at the chart: Gold (XAU/USD) daily chart The rally
A slightly-hot producer price index reading has caused an outsized reaction in the FX and fixed income markets. PPI was at +0.3% m/m compared to +0.2% expected but you wouldn’t know it was only a small miss from the market reaction. US 10-year yields have jumped to 4.15% from 4.10% and the dollar is broadly
Japanese Yen, USD/JPY, US Dollar, BoJ, Intervention, YCC, JGB, Yield Spreads, Daly – Talking Points USD/JPY is eyeing new highs after stretching north this week The BoJ is on traders’ minds, but intervention may not be seen The Fed is forecast to be on hold, but if Treasury yields gain, will it boost USD/JPY? Trade
