Gold prices rose, during trading on Thursday, supported by the decline in the US currency, and the decline in US bond yields. Prices rose more than $35 at the end of Wednesday, hitting a one-month high, with the release of…
Continue ReadingEUR/GBP appears susceptible below 0.8500, which is close to two-month lows. EUR/GBP witnessed fresh selling on Thursday and dropped to near two-month lows. Signs of easing fuel crisis in the UK boosted the sterling and exerted some pressure. Dovish sounding…
Continue ReadingMarkets: NZD leads, JPY lags on the day European equities higher; S&P 500 futures up 0.5% US 10-year yields up 1.7 bps to 1.498% Gold down 0.8% to $1,756.43 WTI up 1.0% to $78.40 Bitcoin up 2.0% to $49,950 European…
Continue ReadingGold prices fell during trading today, Tuesday, with the rise in the price of the dollar, which benefited from the weak risk sentiment. This comes amid expectations that bullion will witness volatile trade in the run-up to the US jobs…
Continue ReadingThe EUR/USD has started the week at 1.16, holding last week's losses. Concerns over China's Evergrande, uncertainties about US infrastructure, and inflationary concerns are all weighing on morale. Fed speakers are being considered. The EUR/USD pair is trading near the…
Continue Reading
