
XAU / USD Slumps Again, Returning Towards $ 1,800 Amid Rising US Bond Yields
A combination of factors drove the aggressive selling of gold on Monday. The prevailing risk appetite acted like a headwind
A combination of factors drove the aggressive selling of gold on Monday. The prevailing risk appetite acted like a headwind
USD / MXN moves away from recent lows, targeting 20.60. Returning below 20.45, it could leave the peso still strong.
EUR / JPY hit a tough nut to crack at the 131.00 level. Rising US yields maintain the sell bias
WTI recently fell below $ 75.00 to week-long lows as traders worry about rising Omicron infections and a possible spike
USD / CHF bounced well from 0.9100 on Monday, or a nearly two-month low. Risk appetite undermined the CHF –
EUR / GBP remains bearish in early 2022 near 0.8400 and near 22-month lows with UK markets closed. EUR /
The DXY partially reverses Friday’s retracement and is approaching 96.00. Recent lows at 95.50 should contain weakness for now. The
EUR / JPY corrects lower from Friday’s high of around 131.00. There is a temporary hurdle at the 131.15 Fibonacci
Dollar weakness prompted EUR / USD to cut losses. In the preview of the first American session, expectation in the
It approaches, but does not test the psychological limit of 900 points. This is the picture of the first session
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