MUMBAI, Feb 05 Gold Trading prices after making an intermediate high at USD 1763 and corrected to close the day at USD 1725 on Friday as US economy added more jobs in January than forecast. Selling pressure gathered momentum after gold in New York slumped the most in five weeks as the US economy added more jobs in January [...]
Though the dollar ended Friday in the red, its performance was too bad. A sharp correction of intraday gains for the Dow Jones FXCM Dollar Index would leave the benchmark in the red, but it nevertheless ended well off the week’s lows
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US Dollar Risks Collapse on Dow Surge…If this is a True Risk Rally
The breakout potential heading into this past week didn’t disappoint.
* Strong US jobs data lifts greenback vs yen * Safe haven trade diminishes, euro gains on U.S.
The greenback is struggling to hold its ground during the North American trade, with the Dow Jones-FXCM U.S. Dollar Index paring the advance to 9,760, but we should see the greenback appreciate further next week as the recent developments coming out of the world’s largest economy dampens the prospects for additional monetary support
The EURUSD has traded sideways for 6 days now. An eventual break targets 13400 (upside break) and 12900 (downside).
Crude oil, copper and precious metals prices are likely to rise if a slowdown in US job creation stokes expectations of the near-term arrival of new Fed stimulus.
With the constant onslaught of news and announcements coming out of Europe many traders may be confused as to what is actually happening. This article will break the situation down to a personal level.
Gold Trading price makes an Intermediate top at USD 1763 and falls
Gold Trading price rallies the most from Intermediate bottom at USD 1522
Gold Trading price steadies and rallies from trading bottom at USD 1625
Gold Trades make a trading top at USD 1631 and corrects
Gold Trades higher – Safe-Haven Buying Surfaces
Gold Trading Prices benefits from euro strength and Oil tensions in Iran
Mcx Tips | Crude Oil Price commences Intermediate rally