What you need to know on Tuesday, November 16: The euro was the worst performer, falling against the dollar to a new 2021 low of 1.1381. The dollar also appreciated against shelters CHF and JPY, but lost ground against the pound and currencies linked to commodities. Overall, action was limited across all currency areas as […]
Tag: Oro
XAU / USD continues to look towards recent highs below $ 1870
Gold remains bullish, although currently limited by $ 1,870. Lower yields, market optimism and dollar weakness support metals. The gold is trading a small drop from Friday’s close, although it has erased the losses of the Asian session and is trading back above $ 1,860, with the bullish tone intact, although facing resistance. The XAU […]
XAU / USD falls below $ 1,850, falls for the first time in a week
The yellow metal is correcting lower after failing to break above $ 1,865. The dollar with mixed results, positive for the week. The Gold is falling on Friday but is still on track to close the week with significant gains. The value of the ounce failed to hold above $ 1860 and accelerated the fall […]
Forex Today – Asian Session: Pending Correction for the Dollar Just Around the Corner
What you need to know on Friday, November 12: The dollar continued to advance in the absence of another catalyst that could divert investors’ attention from skyrocketing inflation. Poor UK data fueled the depressing mood as the UK reported 1.3% quarterly growth in the three months to September, much worse than the 5.5% previously and […]
Dollar Capitalizes on Hot Inflation, Markets Calm for Holiday in the US
This is what you need to know to trade today Thursday, November 11: The US dollar capitalized on rising US Treasury yields and risk aversion on Wednesday after US data showed consumer inflation jumped to its strongest level in more than 30 years. The US Dollar DXY Index consolidates Wednesday’s gains below the 95.00 level […]
Dollar strengthens as inflation fears return
Here’s what you need to know to trade during today’s Asian session Thursday, November 11: Risk aversion took hold of the financial markets and the safe-haven US dollar made the most of it. The catalyst was US inflation, as the annual consumer price index soared to its highest level in three decades, reaching 6.3% year-on-year […]
XAU / USD soars after US data and surpasses $ 1,850
Gold rises more than 1% and reaches highs since June. Inflation accelerates in the US and requests for unemployment benefits recede. Gold skyrocketed and was up more than 1% in minutes. The US data despite being better than expected as inflation accelerated, did not stop the metal. The break of the $ 1830 level, caused […]
XAU / USD falls back after several days and after not being able to with $ 1830
Short-term bullish gold faces strong resistance. Break of $ 1,830 could anticipate more raises. Important US Data Ahead: Retail Inflation and Unemployment Benefit Requests. The oro is falling on Wednesday, before the release of US economic data, on a rise in the dollar and in US Treasury yields Trading started the day above $ 1,830, […]
XAU / USD clings to recent gains, looks at $ 1830
Gold validated the strong rebound that began last week. Raises contained for the moment below $ 1830. The Gold is operating in the area of ​​$ 1,825 per ounce, at the same level where it closed on Monday, validating the advance of the previous three days, in which more than $ 50 bounced from the […]
XAU / EUR continues to recover for the third day in a row, stable around € 1,570
XAU / EUR extends its rally for the third day in a row, up 0.27% during the New York session. XAU / EUR rose nearly 4% from last week’s lowest low as central banks delayed rate hikes. XAU / EUR: A breakout above € 1,592 would open the door to new yearly highs. XAU / […]
