Gold sticks to intraday gains; lacks bullish conviction amid elevated US bond yields – FXStreet
Gold prices are struggling to capitalize on modest intraday gains amid mixed fundamental indicators. Expectations that the Fed will ease its dovish stance and rising US Treasury yields are capping the rise in XAU/USD. Geopolitical risks, trade war concerns and expectations for Fed rate cuts could support precious metals. Gold prices (XAU/USD) lost most of […]
Japanese Yen retains intraday positive bias; USD/JPY slides to mid-151.00s – FXStreet
The Japanese yen rose slightly following the release of stronger PPI print from Japan. Uncertainty about how quickly the Bank of Japan can raise interest rates has kept yen bulls on the defensive. The US dollar maintains its recent gains and supports USD/JPY ahead of the US CPI report. The Japanese yen (JPY) maintains modest […]
Gold stalls intraday recovery as traders await US NFP report for Fed rate cut cues – FXStreet
Gold prices have been steadily recovering from Friday's lows in more than a week. Softer risk tone, geopolitical risks and trade war concerns are benefiting safe-haven commodities. We are betting on a non-dovish Fed cap to move higher on XAU/USD ahead of the important US NFP report. Gold prices (XAU/USD) have struggled to capitalize on […]
GBP/USD recovers a major part of its intraday losses, climbs back above mid-1.2500s – FXStreet
GBP/USD is attracting some bullish buying after falling to around 1.2500 during the day. The US dollar has struggled to capitalize on its modest gains, giving some support to the majors. Bets that the Fed will slow interest rate cuts and rising U.S. Treasury yields could favor dollar bulls and cap any upside. The GBP/USD […]
Gold market analysis for November 6 – key intra-day price entry levels for active traders – Kitco NEWS
Jim Wyckoff He has been involved in the stock, financial and commodity markets for over 25 years. He was a financial journalist for the FWN Newswire Service for many years, including stints as a reporter on the rough-and-tumble commodity futures exchanges in Chicago and New York. As a journalist, he has covered every futures market […]
Gold market analysis for September 19 – key intra-day price entry levels for active traders – Kitco NEWS
Jim Wyckoff I have over 25 years of experience covering the stock, financial and commodity markets. I was a financial journalist for FWN Newswire Services for many years and have also worked as a reporter on the active commodity futures trading floors in Chicago and New York. As a journalist, I have covered every futures […]
Gold market analysis for September 16 – key intra-day price entry levels for active traders – Kitco NEWS
Jim Wyckoff I have over 25 years of experience covering the stock, financial and commodity markets. I was a financial journalist for FWN Newswire Services for many years and have also worked as a reporter on the active commodity futures trading floors in Chicago and New York. As a journalist, I have covered every futures […]
USD/JPY surrenders modest intraday gains to 143.00 after BoJ Tamura’s hawkish remarks – FXStreet
USD/JPY is attracting fresh sellers following an intraday rally towards the 143.00 level. Bank of Japan's hawkish comments push up the yen, putting downward pressure on the currency pair. A strong recovery in US dollar demand and an upbeat mood in the market are providing some support. The USD/JPY pair has failed to capitalize on […]
Gold market analysis for September 10 – key intra-day price entry levels for active traders – Kitco NEWS
Jim Wyckoff I have over 25 years of experience covering the stock, financial and commodity markets. I was a financial journalist for FWN Newswire Services for many years and have also worked as a reporter on the active commodity futures trading floors in Chicago and New York. As a journalist, I have covered every futures […]
Gold market analysis for July 17 – key intra-day price entry levels for active traders – Kitco NEWS
Jim Wyckoff I have over 25 years of experience covering the stock, financial and commodity markets. I was a financial journalist for FWN Newswire Services for many years and have also worked as a reporter on the active commodity futures trading floors in Chicago and New York. As a journalist, I have covered every futures […]