XAU / USD rises on dollar weakness and drop in Treasury bond yields. Ahead: ECB meeting and unemployment benefit data. Gold cuts its bearish streak, although it is still below $ 1800. Gold is rising Thursday after losing ground for three days in a row. The drop in Treasury yields, coupled with the momentum loss […]
Tag: Oro
Forex Today – Asian Session: Central Bankers Facing The Downsizing Challenge
What you need to know on Thursday, September 9: The dollar remained strong during the first half of the day, and demand for the dollar declined after the opening of Wall Street. However, it ended the day with gains against most of the main rivals. The United States published the Beige Book, which showed that […]
XAU / USD fails to recover above $ 1800 and remains vulnerable
Gold climbs to 1802 but quickly returns to $ 1,797. Metals validate the heavy losses on Tuesday. The dollar continues to recover ground, DXY rises for the third day in a row. Gold rose modestly on Wednesday, recovering a fraction of Tuesday’s losses. The price is struggling around the $ 1800 zone. It reached a […]
Forex Today – Asian session: The dollar recovers its short-term position
What you need to know on Wednesday, September 8: The US dollar advanced against all of its main rivals. The EUR was the strongest, as it lost a modest 40 pips. Commodity currencies and safe-haven CHF and JPY lost the most ground against the dollar. GBP / USD also fell back but is trading a […]
XAU / USD clears recent gains and falls below $ 1810
Strong decline in the price of metals, given a slight recovery in the dollar. XAU / USD gives up nearly $ 20 from the Asian session high. The Gold is falling significantly and extends the pullback after failing to break above $ 1833. The price is trading at the lowest level since Thursday, around $ […]
Forex Today – Asian session: The dollar prepares to resume its decline
What you need to know on Tuesday, September 7: The dollar posted a modest recovery on a dull Monday. The US and Canadian markets closed as both countries celebrated Labor Day, exacerbating range trading. The US currency corrected higher but remains weak. Among its rivals, the pound is the worst performer, as investors see no […]
XAU / USD extends correction towards $ 1,820 after failing to reach $ 1,833
The dollar regains ground and gold corrects down. XAU / USD is moving back towards $ 1,820 at a slow pace. The dollar index rises after four days of declines. The Gold is falling on Monday after jumping to $ 1,833 on Friday, matching the July high. After not being able to overcome the important […]
XAU / USD rises to four-week highs following NFP
The dollar weakened following the US labor market data. Metals advance strongly. XAU / USD is unaffected by rising Treasury yields. The Gold climbed from levels below $ 1,815 to $ 1,829, the highest level in four weeks, after knowing the August labor market figures for the United States. Then the XAU / US cut […]
XAU / USD remains sideways around $ 1,810, ahead of US employment data.
Markets relatively calm awaiting the US employment report. XAU / USD remains in the range of the last few days, without moving away from $ 1810. The gold is trading a small profit on Friday around $ 1813, ahead of the August US employment report. The XAU / USD is moving sideways since the beginning […]
Market participants anticipate tepid numbers in NFP report
What you need to know on Friday, September 3: The dollar remained under selling pressure as unimpressive US employment data anticipates a weak nonfarm payroll report, pushing away the announcement of a gradual decline in the US. The country added 750,000 new jobs in August, while the Unemployment Rate is forecast at 5.2%, better than […]
