Monday’s rally in XAU / USD has been completely erased. Despite low Treasury yields and rising stocks, gold remains weak. The gold fails to rebound definitively. The price climbed to 1819 on Monday, but ended the day at $ 1815 and on Tuesday it extended the decline to 1808, a level located above the minimum […]
Tag: Oro
Forex Today – Asian Session: Weak Dollar Ahead of Tier 1 Events
What you need to know on Tuesday, August 3: Market players were bullish early in the day, with the dollar falling against its main rivals. Sentiment worsened during US business hours, amid signs of slowing economic progress in the US The official ISM index contracted from 60.6 to 59.5 in July, a sign of slowing […]
XAU / USD maintains negative tone and approaches $ 1800
Gold continues to decline after failing to break $ 1,835 at the end of last week. XAU / USD decline occurs despite silver stability and dollar weakness. Gold is losing 0.30% on Monday and It hit a low since Thursday at $ 1806. Then it bounced moderately without being able to exceed $ 1,810. Hours […]
Risk picks up, dollar moderates amid stimulus optimism, PMI data in focus
This is what you need to know to trade today Monday, August 2: The recovery of risk sentiment remains the main underlying theme so far this Monday. Investors remain encouraged, starting a new month, amid concerns about moderating China’s economic growth and a regulatory crackdown. The chinese stocks They erased early losses and rose, leading […]
XAU / USD in small range near $ 1830, validating weekly gains
XAU / USD rises find resistance at the $ 1,830 area. Stock markets retreat at the close of the week and the dollar tries to stabilize. The oro it is trading without significant changes on Friday. XAU / USD is trading around $ 1,828, the same level where it closed on Thursday. So far this […]
The dollar rebounds due to risk aversion caused by the covid, inflation of the US PCE in focus
This is what you need to know to trade today Friday July 30: Escalating coronavirus concerns have reignited fears about global growth, weighing heavily on market sentiment. The US CDC established new guidelines, reimposing the imposition of masks, while Japan is likely to extend the state of emergency to more prefectures, including Osaka. Asian stock […]
Forex Today – Asian Session: Persistent Pressure on the Dollar
What you need to know on Friday, July 30: The dollar continued to decline and reached new weekly lows against most major rivals as US data fell short of market expectations. The Gross Domestic Product for the second quarter showed that the economy grew at an annualized rate of 6.5%, better than the previous 6.4%, […]
XAU / USD accelerates higher and hits weekly highs near $ 1,830
The value of the ounce is experiencing the most significant rise in two weeks. XAU / USD is targeting the July highs at $ 1,834. The Gold is rising for the third day in a row and picked up the pace. The price since the Federal Reserve meeting accumulates an advance of more than $ […]
Fed statement leaves price stable in familiar range
Gold prices are stable at critical daily support after the Fed statement. The two-day meeting of the Federal Open Market Committee has come to an end this afternoon and the statement has been released. This event was widely viewed as a placeholder meeting by the Federal Reserve and the market expectation was a modest aggressive […]
XAU / USD cuts intraday gains, focus remains on FOMC
Gold extended its price action within the range throughout the early hours of the American session. A good recovery in US bond yields benefited the USD and limited the early rally. COVID-19 nerves extended some support for safe haven metal ahead of the FOMC. The oro it updated daily lows heading into the North American […]
