The GBP/JPY remains under a strong sales pressure and listed below 196.00 on Wednesday. The sale of bonds from the United Kingdom weighs on the pound sterling. British Prime Minister Keir Starmer refused to confirm that Finance Minister Rachel Reeves will remain in her position. The sterling pound is maintained under strong sales pressure on […]
The IBEX 35 reaches maximum two weeks driven by Arceormittal and Banco Sabadell
The IBEX 35 advances 0.31% in the day, reaching maximums not seen since June 16 at 14,242. The values ​​of Arceormittal SA (MTS) rises 4.48% today, visiting Máximo on May 14 by € 27.83. Banco Sabadell (SAB) shares wins 4.74% daily, operating at the time of writing about € 2,837. The Eurozone unemployment rate increased […]
WTI crude oil is stabilized above $ 64 while operators prepare for OPEC+ decision
The WTI crude is negotiated in a narrow range about $ 64.50, consolidating after a strong fall caused by the high fire between Iran and Israel. Geopolitical risk premiums are undone, with cautious operators before the OPEC+ meeting of July 6. The EIA report will be published later on Wednesday, the reduction of 3.5 million […]
Gold Price forecast: Xau/USD is stabilized, US employment data disappoint
The price of gold is stabilized about 3,350 $ after a disappointing ADP report that reflects weakness in the US labor market. The US Senate approves the fiscal bill of President Trump for little with the deadline of July 4 in sight. Xau/USD threatens the 20 -day SMA about $ 3,350 with the anxious bulls […]
The US dollar bounces modestly while Powell remains cautious on rates drops
The US dollar recovers slightly after reaching minimums of more than three years, supported by optimistic data and Powell’s measured tone. Both the ISM manufacturing PMI and Jolts employment offers point to an underlying strength in the US economy. The ADP employment change report will be published on Wednesday and the NFP report on Thursday […]
The JPY gives in to all G10 – Scotiabak coins
The Japanese Yen (JPY) is weak, falling 0.4% against the US dollar (USD) and giving in to all G10 coins while we enter Wednesday’s NA session. JPY is weak for commercial risks and a less aggressive tone of the box “The uncertainty in the commercial policy and relative policy of the central banks are weighing […]
Xau/EUR: The price of gold in euros rises for the third consecutive day in the face of uncertainty for commercial agreements
The Gold ounce in euros records profits for the third consecutive day After closing on Tuesday around 2,828#, winning an important 0.89% daily. This Wednesday, the Xau/EUR has risen from a minimum daily in the Asian session by € 2,820 to a maximum of the day at European noon at € 2,84.76. The increase places […]
The AUD/USD moves away from the maximums of 0.6590 due to weak Australian consumption data
The Aussie dollar slides downward disappointing retail sales in Australia Strong employment offers in the US and manufacturing activity have given some support to the US dollar. AB/USD is forming a possible “afternoon star” pattern, a bearish figure. The Aussie dollar was limited on Tuesday at a maximum of the year about 0.6600 and is […]
The USD wins modestly by position adjustment – Scotiabank
The US dollar (USD) weakened yesterday, leaving the dollar index (DXY) in a new minimum of the cycle briefly, while Canada enjoyed its national holiday. But the USD has risen a little more today, since the markets are prepared for the FEE of US data flood and adjust the positioning before the long weekend in […]
Gold Price forecast: Xau/USD ranges around $ 3,340, wait for US labor market data.
The price of gold is consolidated around $ 3,340 before the US employment data for June. The surprisingly optimistic data of US Jolts employment offers have supported the US dollar. The feeling of the market remains cautious as the deadline of Trump tariffs on July 9 is approaching. The price of gold (Xau/USD) quotes in […]