This is what you need to know to operate the Tuesday, November 9: The greenback gave up some ground on a quiet Monday. The week started with China reporting a record surplus of the trade balance, although imports increased less than expected, with notable falls in the purchase of oil and soybeans. Several policy makers […]
Tag: Oro
XAU / USD is experiencing a slight decline after hitting two-month highs above $ 1820
Gold maintains an upward bias although it cannot yet assert itself above $ 1,820. Metals continue to rise, mixed stocks and Treasury yields rebound slightly. The Gold climbed hours ago to $ 1,822, reaching the highest level since early September and then fell back to $ 1,812, the intraday low. In the preview of the […]
Central bank speeches in the spotlight
This is what you need to know to trade today Monday, November 8: The US dollar DXY index moved away from the 2021 high it set at 94.62 on Friday, but managed to close for the second week in a row in positive territory, supported by the upbeat NFP jobs report for October. In the […]
XAU / USD jumps to test October highs around $ 1,810
Metals soar as US yields slide despite NFP’s upbeat report. XAU / USD hits two-week highs above $ 1,810. Gold is about to end the week on a positive note, nearly $ 50 above the weekly low. The metals They are rising sharply, driven by falling US yields on Friday. Gold broke above $ 1,800 […]
XAU / USD hits highs over $ 1,800 driven by drop in Treasury yields
October US employment data beat expectations. The dollar loses momentum after the start of the American session due to a fall in Treasury bond yields. XAU / USD still without being able to assert about 1800 $. The XAU / USD fell to $ 1,784 after the employment data was released, but then rebounded to […]
XAU / USD loses steam after failing to exceed $ 1800
Gold loses strength as the dollar rises prior to the US employment report. XAU / USD slows down after hitting a week high at $ 1800. The Gold is trading around $ 1793, in the same area where it closed on Thursday. The graph shows that for the moment the raises have lost steam. The […]
Forex Today – Asian Session: Dollar Returns Strongly
What you need to know on Friday, November 5: On Thursday, the US dollar is the overall winner, resuming its advance and reaching new weekly highs against high-yielding rivals. On the other hand, safe haven assets rose against the dollar, although without breaking any critical level. The Bank of England had a monetary policy meeting […]
Forex Today – Asian Session: Dollar Lowers As Fed Delivers But Doesn’t Promise
What you need to know on Thursday, November 4: The US dollar closed with modest losses on Wednesday against most of its main rivals, following the monetary policy announcement by the US Federal Reserve. The US central bank kept interest rates unchanged as expected and announced the reduction of its asset purchases by $ 15 […]
XAU / USD plummets toward $ 1750 ahead of Fed and with volatility on the upside
The dollar gains momentum after US data and before the Fed. XAU / USD loses key supports and plummets to two-week lows. Meeting of the Fed implies a high possibility that volatility will continue at extreme levels. XAU / USD broke below $ 1780 and then $ 1770 to reach $ 1760, the lowest in […]
XAU / USD regains ground from 3-day lows ahead of key events
Gold manages to recover $ 1780, volatility is expected ahead. Coming from ADP employment data, service sector data and Fed meeting. The dollar without clear direction, maintains part of the gains of Tuesday. The oro It fell hours ago to $ 1,778, the lowest level since Friday before bouncing higher. The price of the ounce […]
