Tag - gold

August 20: consolidation
August 20: consolidation

The consolidation that started on Wednesday is continuing so most currency pairs with the USD are going flat.

August 19: the USD stalls
August 19: the USD stalls

Most currency pairs with the USD are in consolidation currently as the USD has stalled its depreciation spree.

August 18: weak USD
August 18: weak USD

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.

GOLD: still looking upwards
GOLD: still looking upwards

After an epic fall recently, the gold price is in correction mode. What is the long-term technical outlook?

Quiet Markets Looking for Dirrection
Quiet Markets Looking for Dirrection

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.

August 13: risk-on is back
August 13: risk-on is back

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.

Sino-US tensions Keep Rising
Sino-US tensions Keep Rising

 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.

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