Major currencies have remained largely unchanged, while equities have been volatile. There was a tiny bullish bias for European shares at the beginning, but that has all turned around now, with the DAX down 0.2%. US futures have likewise lost…
Continue ReadingGBP is remains weak after yesterday's BoE disappointment, while NZD is strong due to Eamonn's earlier report on positive trade balance and employment figures. Risk on tones were felt across markets when the market opened with gousto due to President…
Continue ReadingGold prices fell during Thursday's trading, with economic data expected to monitor inflationary pressures, in addition to the strength of the US dollar near its highest level in 11 months. This came as investors received various signals from Federal Reserve…
Continue ReadingGold prices rebounded today, Wednesday, after the decline of yesterday's session. The dollar index fell from a two-month peak against its rivals; Which lowers the cost of gold to holders of other currencies. A White House official said that testimony…
Continue ReadingThe dollar is stronger, but most currencies are close together ahead of Powell's speech. The NZD is the strongest currency in the North American session, while the GBP is the weakest. With the exception of the New Zealand dollar, the…
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