The consolidation that started on Wednesday is continuing so most currency pairs with the USD are going flat.
Tag - gold
Most currency pairs with the USD are in consolidation currently as the USD has stalled its depreciation spree.
The USD is weak against most riskier assets today; gold is at $2,000, WTI oil at $42.5. Watch the video for more levels.
After an epic fall recently, the gold price is in correction mode. What is the long-term technical outlook?
The week has started with a mixed sentiment on the market. Let’s discuss main market movements and latest news.
What does determine Friday's moves?
European stock markets are seen opening cautiously higher Friday, with Chinese economic data suggesting a slow recovery ahead of the release of quarterly growth numbers for the eurozone.
The market sentiment switched to risk-on. The US dollar is dipping down, while riskier assets are rising, especially the Australian dollar after the positive employment data. All eyes on US unemployment claims.
The US dollar edged higher, while gold dipped down. Let’s discuss main news and market movements in detail.
XAU/USD is decreasing for the third day in a row. What are the reasons?
The risk sentiment has got better since the start of today's trading session.
Asian stock markets rose this morning on relief that another round of Sino-US sparring appears not to have spilled over into trade, while hopes for US stimulus support oil and other commodity currencies.