The dollar retreats after better-than-expected employment data from the US. Gold is approaching the highs for the week and the $ 1,830 area. The oro extended earnings Wednesday following US ADP employment data and is trading at the day’s highs at $ 1,827. The rises accelerated after the economic figures and before the stability in […]
Tag: Oro
Forex Today – Asian Session: Currencies Trying To Find Their Way
What you need to know on Wednesday, January 5: The dollar continued to advance on Tuesday, posting the most notable advance against the yen. USD / JPY jumped to 116.34, its highest level since January 2017, as the dollar rose along with US government bond yields Demand for the US currency fell back with the […]
Forex Today – Asian Session: Dollar Rises Along With Government Bond Yields
What you need to know on Tuesday, January 4: The dollar is the best performer on Monday, appreciating against all its major rivals thanks to high yields on US government bonds. The yield on the US 10-year Treasury note started the day at 1.53. %, jumping to 1.635% in the US mid-afternoon, holding close as […]
XAU / USD Slumps Again, Returning Towards $ 1,800 Amid Rising US Bond Yields
A combination of factors drove the aggressive selling of gold on Monday. The prevailing risk appetite acted like a headwind for gold – safe haven. Rising US bond yields and resurgent demand for USD contributed to intraday selling. The oro witnessed aggressive selling on the first trading day of the new year and halted a […]
XAU / USD rejected above $ 1830, falls back to $ 1820
Gold hit a month high but then changed direction. XAU / USD tries to get closer to $ 1830 in the preview of the American session. The Gold is trading in slightly negative territory on Monday, but with signs of difficulty extending the rally beyond the important resistance at $ 1,830.. The metal peaked in […]
XAU / USD tests monthly highs below $ 1,820, still ongoing for an annual loss of approximately 4.0%
XAU / USD gold consolidates near monthly highs below $ 1,820, supported at weekly lows by falling real yields. The XAU / USD appears to be on track to post an annual loss of around 4.0%. Investors expect losses of a similar magnitude in 2022, according to a Reuters poll. Gold prices (XAU / USD) […]
XAU / USD advances again and tests $ 1820
The way to close the year on a positive note, but with losses. XAU / USD tests the $ 1820 zone, then $ 1830/35 appears. Gold rose slightly on Friday, validating recent rebound. The XAU / USD is rising modestly on Friday, trading at $ 1,820.20, igualando the high of Tuesday. The metal is pressing […]
XAU / USD is stable at $ 1,800
XAU / USD gold stabilized at the $ 1,800 zone. The precious metal rose as high as $ 1,820 earlier in the week and as low as $ 1,790 on Wednesday. Traders will be reluctant to read too much about recent moves due to weakened liquidity conditions for the New Year. It’s been a choppy […]
XAU / USD without strength, fails to affirm above $ 1800
-637764573269257118.png "XAU / USD without strength, fails to affirm above $ 1800")
Gold weakened in the last day of the year due to a moderate strengthening of the dollar. XAU / USD fails to assert itself above $ 1805, it survives on the 20-day average. Data ahead: US jobless claims and Chicago PMI. Gold is falling less than $ 5 on Thursday and is trading just below […]
Forex Today – Asian Session: The Dollar Loses Ground As Traders Prepare To Close Their Year-End Books
What you need to know on Thursday, December 30: The dollar swung between profit and loss, rising during the European session and then lower during US trading hours As traders prepare to close their yearly books, major pairs saw some action for the first time this time. week. The EUR / USD pair fell to […]