What you need to know on Wednesday, October 27: The US dollar ended the day on a mixed basis, particularly stronger against its European rivals. EUR / USD is at the lower end of its weekly range, trading in the 1.1590 price zone, while GBP / USD has hovered around 1.3760, which receives additional pressure […]
Tag: Oro
XAU / USD dips below $ 1,800, decline appears limited
Risk appetite sparked further selling around safe-haven gold on Tuesday. Aggressive expectations from the Fed put even more pressure on the unperforming XAU / USD. New nerves from COVID-19, concerns about global economic growth helped limit losses. Gold (XAU) added to its intraday losses and weakened further below $ 1,800 during the early days of […]
XAU / USD takes a breather, still above $ 1800
Pause in the gold rally, still supported by dollar weakness. XAU / USD with resistance at $ 1,810, support around $ 1,798. The XAU / USD remains bullish despite the setback it is having on Tuesday, in which it falls modestly. The value of the ounce fell to $ 1799 hours ago, and is trading […]
The dollar remains firm awaiting the key events of the day
This is what you need to know to trade today Tuesday, October 26: The greenback managed to outperform its European rivals after rising US Treasury yields on Monday, but remained weak against risk-sensitive currencies. As investors prepare for this week’s high-impact events, the dollar is holding firm. Market sentiment remains relatively optimistic ahead of new […]
XAU / USD spreads daily gains and jumps to the $ 1,810 zone
Fall in Treasury Yields Weighs on the Dollar and Boosts Gold. XAU / USD looks towards last week’s highs at $ 1,813. The oro it extended the bullish run and climbed to $ 1,810 an ounce, approaching last week’s peak of $ 1,813. If it exceeds this last level, the price would be at its […]
XAU / USD tries to return above $ 1800
Gold is rising at a modest rate on Monday, still unable to settle above $ 1800. The price of the ounce is firm despite the rise of the DXY and the support of Treasury bonds. Gold is rising on Monday and this attempt is back above $ 1800. The value of the ounce reached up […]
XAU / USD soars above $ 1800 and hits a month high
Dollar weakness and slight drop in yields boost gold. The break of $ 1800 an ounce reinforces the bullish tone. The Gold is rising strongly on Friday and accumulates a rise above $ 20. It recently broke over $ 1,800 an ounce to $ 1809, the highest level since September. The advance is driven by […]
XAU / USD bulls look to take control near $ 1,800
Gold gained traction for the fourth day in a row amid renewed USD sell bias. Rising US yields, risk appetite could limit any further gains. Aggressive signals from major central banks could also act as a headwind for the metal. The oro (XAU) it gained traction for the fourth day in a row and soared […]
XAU / USD rises to one-week highs above $ 1790
Gold and silver advance on Friday, consolidate weekly gains. XAU / USD rises are ahead of the October highs zone at $ 1800. The Gold is rising again on Friday and climbed to $ 1,794 an ounce, reaching the highest level in a week. It is holding near the highs and trading around the 100 […]
Forex Today – Asian Session: Dollar Ready to Resume Advance
What you need to know on Friday, October 22: The risk faded on Thursday, and the dollar made the most of it. The US currency appreciated against most major rivals, except the CHF and JPY, which are safe havens. There was no particular catalyst behind the sad feeling, although renewed concern about inflation may be […]