Gold retreats after having returned to trade above $ 1800. The wait for Powell’s speech appears to be limited to price travel in currencies and commodities. The XAU / USD fell below $ 1800 recently and is trading at $ 1795, at the lowest level since the Asian session. It had previously risen to $ […]
Tag: Oro
Forex Today – Asian session: The dollar wins due to the renewed speculation of the reduction
What you need to know on Friday, August 27: The dollar ended the day with modest gains against most major rivals. Geopolitical tensions in Afghanistan and comments from the Fed’s Robert Kaplan, who said September would be the time to outline the cut and start in October, were behind the drop. James Bullard, another member […]
XAU / USD cuts losses and tests levels above $ 1790
Before US data, the dollar loses momentum and favors a rise in gold. XAU / USD builds support above $ 1780. The Gold fell to $ 1,782 on Thursday, just above Wednesday’s low and then rebounded, picking up momentum in the last hour, as the dollar fell.. The price of the ounce is at its […]
Forex Today – Asian Session: Dollar Weaken As Investors Wait For Powell
What you need to know on Thursday, August 26: The dollar balanced between gains and losses, but resumed its slide during US trading hours to hit new weekly lows against most high-yielding rivals. Wall Street rebounded and the S&P 500 hit new all-time highs. Yields on US Treasuries also moved, with the 10-year yield reaching […]
XAU / USD retraces from week highs and dips below $ 1800
Gold retreats from two-week highs and erases large part of current week’s gains. For now, XAU / USD finds support at $ 1790. Rise in Treasury bond yields and dollar advance polish gold. Gold is losing more than $ 10 on Wednesday and it recently fell to $ 1,790.05 / oz, reaching the lowest level […]
Forex Today – Asian Session: Focus is on Jackson Hole and Delta variant of coronavirus
What you need to know on Wednesday, August 25: The dollar was down for the second day in a row as the market sentiment remained positive. Stock gains were modest as investors grow wary ahead of the Jackson Hole Symposium and what the head of the US Federal Reserve, Powell, has to say about the […]
XAU / USD holds firm above $ 1800
Gold maintains recent gains, challenges resistance at $ 1805. The dollar remains weak throughout the market. The Gold is trading unchanged Tuesday, hovering above $ 1,800 an ounce. The precious metal is holding on to recent gains and is testing the $ 1805 zone, which is the upper bound zone of the current consolidation range […]
Forex Today – Asian Session: The Dollar Lowers As Investors Wait For Jackson Hole
What you need to know on Tuesday, August 24: The dollar was down against all of its major rivals as stocks regained their luster. The coronavirus situation in the US appears to have worsened, which in turn, would mean continued financial support from the US Federal Reserve. Wall Street posted substantial gains, while US Treasury […]
XAU / USD surpasses $ 1800 and marks highs in two weeks
Gold prolongs the advance and reaches $ 1806, the highest level since August 5. Continued decline in the dollar continues to support metals. The Gold is rising more than 1.25% on Monday, showing a strong rebound from the $ 1775 area and has just climbed to $ 1806, the highest level in two weeks. The […]
XAU / USD continues to climb, putting last week’s highs of $ 1795 in its sights
Gold remains strong and extends advance despite rising yields. XAU / USD is ahead of last week’s highs at $ 1795. Gold extended gains in the preview of the American session and it is trading at 1792.90, the highest level since Tuesday. The price remains firm and is targeting last week’s highs reached in the […]
