Gold Price Declines Show No Signs of Slowing
Retail forex traders have bought aggressively into Gold price weakness against the US Dollar (ticker: USDOLLAR ). We think gold has further room to fall.
Archive for the Category ‘Commodities’
Three Technicals to Watch Today
US Dollar: The dollar is having a bullish breakout from an 18-month trading range.
US stocks jump to record highs, dollar rises
NEW YORK, May 15 — Wall Street stocks jumped to record highs yesterday on hopes steady US growth will extend equities’ stellar run, while a strengthening dollar fuelled further losses in oil and gold. US equities have risen the past three weeks with the Standard & Poor’s 500 index racking up a 16 per cent gain so far this year, due mainly to the …
Price & Time: Right Shoulder in the Euro?
Instruments covered today: USD/JPY, AUD/USD, GOLD & EUR/USD
$A trading below parity with US dollar
The Australian dollar is trading slightly below parity with the US dollar as commodities prices fell following weaker than expected Chinese data. At 1700 AEST on Tuesday the currency was trading at 99.79 …
Stronger US dollar hits oil, gold; stocks pause
NEW YORK, May 14 — The dollar strengthened against the yen and other major currencies yesterday after the Group of Seven backed Japan’s efforts to spur growth through aggressive asset purchases, while oil and gold prices fell on the stronger greenback. A surprise rise in US retail sales in April supported views that the US economy, the world’s …
Crude Oil to Fall as Gold Gains on Soft US Retail Sales Report
Gold prices are likely to rise on US Dollar weakness while crude oil falls amid risk aversion if April’s US Retail Sales data falls short of economists’ expectations.
Price & Time: A 2 Trillion USD Short Squeeze?
Instruments covered today: USD/JPY, AUD/USD, GBP/USD & GOLD
U.S. Dollar Higher After Reserve Banks Act, Jobless Claims Fall
The U.S. Dollar moved higher early in the week as the RBA cut rates to a historical low, but large moves came as the jobless claims fell and Fed released a positive outlook.
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GBPJPY currency pair closes the week with strong upward momentum at USD 129.092.
Gold Trading prices surged on Friday, settled at three-week high after weak U.S. data
Gold Trading prices posts worst weekly drop this year on euro fears
Gold trading prices remains subdued as investor risk appetite lowers
Gold trading prices Technical postures remains tilted in favor of the bears
Gold trading Tips Gold prices falls on Fed said inflation under control
Gold trading Tips Gold prices steady on upbeat US and China manufacturing data
