What you need to know on Tuesday, December 7: The dollar ends on Monday in a mixed way, since speculative interest indicates that it has already digested the latest events. On Friday, the US released the Nonfarm Payrolls report, which showed the country added just 210,000 new jobs in November, disappointing market expectations and calling […]
Tag: Oro
Forex Today – Asian Session: Dollar Heads Higher Ahead of NFP Report
What you need to know on Friday, December 3: The dollar picked up some momentum in the last trading session of the day on Thursday, helped by upbeat local data and higher yields on US government bonds as concerns were temporarily shelved. Wall Street posted substantial gains, although the major indices remain bearish on a […]
XAU / USD bounces after hitting four-week lows at $ 1,767
Gold is still under pressure, manages to recover $ 1770. The dollar remains in ranges throughout the market in a calm day. Treasury Bond Yields Up Slightly. The Gold is falling on Thursday although it managed to move away from the lows in the last two hours and cut losses. XAU / USD fell to […]
Forex Today – Asian Session: Financial markets take a breather ahead of US employment data.
What you need to know on Thursday, December 2: Fears cooled off on Wednesday, resulting in the major pairs holding on to familiar levels. The dollar ended the day on a mixed basis, firmer against its commodity rivals but lower against other safe-haven currencies. The cautious optimism came from the World Health Organization, as it […]
XAU / USD recovers returning to the 50 and 200 DMAs around $ 1,790
Gold (XAU / USD) rallied to near its 50 and 200 DMAs after a brief dip to $ 1,770 on Tuesday. Prices were hit Tuesday by aggressive comments from Powell and traders will be watching for Day 2 of his testimony on Wednesday. Gold prices (XAU / USD) They have recovered from lows on Tuesday, […]
XAU / USD rises above $ 1,800 on falling US Treasury yields.
-637738830274137412.png "XAU / USD rises above $ 1,800 on falling US Treasury yields.")
Gold is strong as yields on 10-year US Treasuries fall 10 basis points to 1.43%. Risk-off sentiment boosted the XAU / USD outlook as the Omicron variant of COVID-19 threatens to derail economic growth. XAU / USD Technical Outlook: A break above $ 1,807 would expose $ 1,815, followed by $ 1,834. El oro (XAU/USD) […]
XAU / USD gains momentum after yield drop, slows below $ 1800
Fall in Treasury yields propels the yellow metal. XAU / USD remains in the consolidation range, which is bottomed at the recent low. Recovery again faces resistance in the $ 1800 zone. The Gold is rising Tuesday, driven by a sharp drop in Treasury yields, which is even dragging the dollar down in the market, […]
Forex Today – Asian Session: Mood Improves, Dollar Advances
What you need to know on Tuesday, November 30: Fears receded on Monday after panic dominated financial markets on Friday as equity markets crashed following the announcement of a new variant of covid discovered in South Africa called Omicron. However, the market reaction may have been exacerbated by weak market conditions due to the Thanksgiving […]
XAU / USD rises sharply as Treasury yields crash
Gold rises more than $ 20 on Friday, in a day of high volatility in the financial markets. Treasury rally propels XAU / USD back above $ 1800 and beyond. Fears about the impact of a new variant of COVID generated a sharp decline in equity markets and a rise in government bonds. In this […]
Forex Today – Asian Session: Powell’s Nomination for a Second Term Boosted the USD
Lo que necesita saber el martes 23 de noviembre: The US dollar is the overall winner once again, hitting new 2021 highs against the EUR and multi-month highs against other major rivals. Most of the dollar’s strength came from US President Joe Biden, who nominated Jerome Powell for a second term as chairman of the […]
