Gold is taking heavy losses ahead of the weekend. The yield on 10-year US Treasuries rose more than 2% on Friday. The US Dollar Index remains close to 94.00 after US retail sales data. The oro started the last day of the week on the back foot and extended its decline to a new daily […]
Tag: Oro
XAU / USD falls back to $ 1,780 amid strong rally in US bond yields
A combination of factors triggers some selling around gold on Friday. Risk appetite and the rally in US bond yields weigh on the XAU / USD. A weak USD price action could lend some support to the yellow metal. After failing to conquer the $ 1,800 level on Thursday, gold has seen some selling on […]
Forex Today – Asian Session: Dollar Pressed By Weaker Yields
What you need to know on Friday, October 15: As Treasury yields remained at the lower end of the weekly range, the dollar remained weak. The 10-year US Treasury yield bottomed out at 1,507%, ending the day close. As for the dollar, it managed to post a modest intraday advance against the euro and the […]
Gold rises to $ 1,800 for the first time in a month
Following Wednesday’s impressive rebound, the Gold (XAU / USD) has retained its bullish momentum in the first half of Thursday and has touched the $ 1,800 level for the first time since mid-September. At the time of writing, the XAU / USD is up 0.39% on the day, trading at $ 1,800.01. Falling US Treasury […]
Forex Today – Asian Session: Falling Yields Causes a Dollar Sell-off
What you need to know on Thursday, October 14: Dollar sell-off on Wednesday was dragged lower by falling US Treasury yields.The market mood was grim for most of the day, with Asian indices closing in the red afterwards. from a mixed Chinese trade balance, which posted a surplus of $ 66.76 billion, much better than […]
XAU / USD is approaching $ 1,800 due to rising inflation in the US.
XAU / USD recovers above $ 1,780 after the higher than expected US CPI reading. The Fed’s policy makers made remarks indicating a beginning of the bond cut at the FOMC meeting in November. Silver is up along with gold, almost 3% on the day. El oro (XAU/USD) it rises during the American session, trading […]
XAU / USD falls to the $ 1,760 zone as the dollar regains strength
Gold retains its bullish momentum ahead of the US session. The 10-year US Treasury yield remains in negative territory. The dollar struggles to find demand ahead of US inflation data. Upgrade: Gold fell sharply at the beginning of the US session and regained its daily gains with the dollar regaining its equilibrium after September inflation […]
XAU / USD Extends Bounce Above $ 1,770
Gold retains its bullish momentum ahead of the American session on Wednesday. The 10-year US Treasury yield remains in negative territory. The dollar struggles to find demand ahead of US inflation data. The price of oro (XAU / USD) it struggled to make a decisive move in either direction in the early days of the […]
Forex Today – Asian Session: Deteriorated Mood Drives Dollar Demand
What you need to know on Wednesday, October 13: Market participants continued to fight for a catalyst as the macroeconomic calendar remained tight. Overall, risk aversion dominates the scene amid headwinds from China related to financial stability and the current energy crisis. Additionally, the International Monetary Fund lowered its global growth forecast amid “seeing major […]
XAU / USD set back daily advance on renewed USD strength
Gold advanced above $ 1,760 following Monday’s swing action. The yield on 10-year US Treasuries fell more than 1% on Tuesday. XAU / USD must break out of the $ 1,750-70 range to determine the next direction. The pair XAU/USD it extended its sideways move above $ 1,750 during the Asian session on Tuesday, but […]
