Markets try to stabilize after sharp fall on Monday. Data from Europe contribute to fears of a recession. The dollar rises, but without much strength. After Monday’s crash, Wall Street futures point to a stabilization and not much else. Caution prevails and economic data from Europe did not help. Most European stock markets trade in […]
Tag: Metals
Gold Price Forecast: XAU/USD remains weak and returns below $1740
The market climate remains cautious. Metals fail to make up ground sustainably. XAUUSD erases daily gains after hitting $1,743. Gold is trading at the $1735 zone unchanged from Monday’s close. The price remains in the low zone in weeks, after a failed recovery. On the positive side, XAU/USD did not make new lows. Silver also […]
Copper: The price continues to improve thanks to supply and demand, and concerns about China
The depletion of inventories and the heat wave in China restrict the supply of the industrial metal. Expectations of more stimulus from China are coupled with a pullback in yields. The Copper price swings around one-week highs, reversing the previous day’s pullback, as a weakening dollar joins hopes of further supply tightening. Hopes that China […]
S&P 500 futures drop sharply, dollar remains firm
Expectations of tightening by the Fed and the economic outlook hit the markets. Metals fall sharply again, gold tests $1730. The dollar remains firm, Treasury bond yields remain in the area of ​​maximums in weeks. Wall Street futures are losing 1% on average, while European markets are also down. The economic outlook along with expectations […]
Gold Price Forecast: XAU/USD Slumps to 3 1/2-Week Lows Below $1740
Gold accelerates downward trend, in the context of risk aversion. XAUUSD is down more than $60 from the levels of a week ago. Silver falls below $19.00, also the lowest since late July. The Prayed He is still under pressure and is falling again, already accumulating six consecutive days with losses, in which he lost […]
Forex Today: The dollar remains firm after last week’s rise
This is what you need to know to trade today monday august 22: The dollar retains its strength on Monday after posting impressive gains against its rivals last week. The Dollar Index rose 2.3% and posted its biggest gain in a week last week. Today it trades slightly higher around 108.20. The Federal Reserve Bank […]
Gold at a 3-week low, with a ‘dive’ of almost 3% on the 5th
Gold fell for a fifth straight session in its biggest losing streak since early July, with the precious metal falling to a three-week low. In particular, Mr gold December delivery he lost on Friday $8.30 or 0.5%to set its price at $1,762.90 an ounce. In the weekthe losses of gold they caught it 2.9%according to […]
S&P 500: Futures in the red, the dollar soars
European markets and Wall Street futures fall on Friday. Risk aversion and rise in bond yields boost the dollar. Gold at weekly lows in the $1,750 area. Stock markets around the world are falling on Friday, as a cautious climate favors the dollar. Despite this, sovereign bonds are also falling on expectations that central banks […]
Gold Price Forecast: XAU/USD Vulnerable, Hits 3-Week Lows Below $1750
The dollar rises throughout the market on Friday. XAUUSD accelerates to the downside and tests $1,750. Price looks vulnerable to the downside due to a combination of risk aversion and rising yields. The Prayed is falling again on Friday and hit a three-week low at $1,749, affected by the stronger dollar backdrop across the market. […]
Forex Today: Dollar consolidates gains after Thursday’s impressive rally
This is what you need to know to trade today friday august 19: The Dollar Index (DXY), which tracks the greenback against a basket of six major currencies, gained momentum in the second half of trading on Thursday, rising to its highest level in a month above 107.50. . In the absence of high-level macro […]