Gold firmed on Thursday as U.S. Treasury yields dipped, but faces its worst quarter since early 2021, as the dollar cemented its place as the safe-haven asset of choice, amid top central banks adopting aggressive tactics against runaway inflation. FUNDAMENTALS * Spot gold was up 0.1% at $1,818.31 per ounce by 0115 GMT. U.S. gold
admin
Risk-off sentiment is back in Asia today, after US stocks were sold off on poor consumer confidence data. In the currency markets, trading is relatively subdued, with Euro and Dollar trading in soft tone. Canadian Dollar and Swiss Franc are the strongest ones for the week. In particular, Swiss Franc is extending up trend against
USD/CAD is likely to display some losses as DXY skids and oil rebounds. As per Fed Powell, even a spree of rate hikes doesn’t guarantee the return of the inflation rate to 2%. Oil prices witnessed a significant correction as comments from central banks diminishes demand forecasts. The USD/CAD pair has sensed barricades around the
The European Council has reached an agreement to form an anti-money laundering body that will have the authority to supervise certain crypto asset service providers, or CASPs. In a Wednesday announcement, the council said it had agreed on a partial position of a proposal to launch a dedicated Anti-Money Laundering Authority, or AMLA. According to
Oil was falling before some comments crossed from US envoy Hochstein but this added to it: Welcomed major change in attitude from OPEC+ Hopes OPEC+ will move to Step 2 of supply boost Hopes OPEC continues putting on more supply Says US can assess more SPR releases after October This cryptic ‘step 2’ comment suggests
New Delhi: Gold price in the national capital fell by Rs 176 to Rs 50,649 per 10 grams on Wednesday, reflecting a decline in international precious metal prices, according to HDFC Securities. In the previous trade, the yellow metal settled at Rs 50,825 per 10 grams. Silver also fell by Rs 443 to Rs 59,725
Swiss Franc continues to rise broadly today, with additional help from selloff in Euro. The common currency is weighed down by Germany CPI, which unexpectedly slowed in June. But for now, Aussie, Sterling and Yen are even weaker than Euro. On the other hand, Canadian Dollar is second strongest as supported by rebound in oil
In this article BBBY A pedestrian walks by a Bed Bath and Beyond store in San Francisco, California. Justin Sullivan | Getty Images Bed Bath & Beyond said Wednesday that it is replacing CEO Mark Tritton as part of a leadership shakeup as the retailer’s quarterly sales and earnings sharply missed Wall Street expectations. Shares
Gold reversed from two-day highs and is back near weekly lows. US dollar rises across the board following comments from Portugal. Gold prices dropped sharply during the American session, erasing daily gains. XAU/USD peaked at $1833, the highest level in two days and then turned lower, falling to $1814, slightly above the daily low of
? SUBSCRIBE TO OUR YOUTUBE CHANNEL NOW ? 99% Accurate Price Action Trading System | Technical Analysis Trading | Forex Trading Techniques If you want more Actionable Premium Strategies, Go to:- For Premium Signals- https://forexvisit.com/go-premium/ Visit- https://forexvisit.com Subscribe to my Channel to learn Price Action Trading Tricks Best Trendline Breakout Trading Strategy (MUST KNOW) ||
This discord user wanted the sauce to flip forex accounts fast in one week. I figured, this was a pretty light week for me so I made it happen. $200 to $3000… I used a 1:3 RR and then also made sure to TAKE PROFIT when I hit my goal or around it. TUTORIAL STARTS
TMT Premium Coaching Program https://tmtpremiumcoaching.com/start A Step-By-Step Guide On How I Trade In The Forex Market For Only 30 Minutes A Day: https://www.the30-minutetrader.com/startforex New to our channel? Please check our links below, and see you again soon! Facebook group: https://www.facebook.com/groups/218570656094563 New to Forex Trading? Start here!: https://www.youtube.com/watch?v=pHEnY-ccYpc&list=PL2LvjC-Y7tB-EAO0-A3YYatgAO9iT_DHu
Today, China cut the time inbound visitors have to stay in quarantine from 3 weeks to 10 days. This sign of easing is positive for the Chinese stock market The CSI 300 index is one of China’s most watched stock market indices. It follows 300 large and medium-sized stocks in Shanghai and Shenzhen The chinese
German consumer inflation is estimated to accelerate to 8.0% y/y in June, up slightly from the 7.9% y/y reading in May. Once again, that will just reaffirm that inflation is more sticky and persistent – providing little comfort to the ECB. The thing to note about the inflation data from Europe this week is that
TOKYO, – Oil prices fell on Wednesday after rising in the previous three sessions but losses were limited on the view that global supply tightness will continue as there is limited room for major producers such as Saudi Arabia to boost production. U.S. West Texas Intermediate (WTI) crude futures slid 44 cents, or 0.4%, to
Canadian Dollar and Swiss Franc continue to be the stronger ones in subdued trading. Euro and Dollar and trailing for now. On the other hand, Aussie and Kiwi are still the underperformer, despite recovery attempt in Asian session. Stock markets are also sluggish while gold and oil are range bound. Focuses will turn to ECB
EUR/USD fades bounce off weekly low as amid market’s anxiety ahead of the key data/events. ECB’s Lagarde failed to recall pair buyers amid inflation fears, yields remain pressured amid recession risks. Fed’s Powell need to defend hawkish policy moves to keep USD buyers hopeful. EUR/USD struggles to defend the early Asian session’s corrective pullback during
Roger Ver, an early Bitcoin investor and Bitcoin Cash proponent, has pushed against claims from crypto investment platform CoinFLEX regarding an alleged $47-million debt. In a Tuesday tweet, Ver — not mentioning CoinFLEX by name — said he had not “defaulted on a debt to a counter-party,” and alleged the crypto firm owed him “a