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 […]
Trump Media shares soar on Election Day, traders bet on win boosting business
Trump Media and Technology stock soared as much as 14% on Tuesday's election day after weeks of volatile trading as investors bet on a Trump victory with the social media company's performance surging. ended in the red. The stock, which trades under the ticker DJT, the former president's initials, is seen as an indicator of […]
Gold Reaches Record High as Geopolitics Drive Traders to Safety – Yahoo Finance
(Bloomberg) — Gold rose to a record high on sustained haven demand from investors monitoring the upcoming U.S. elections and conflicts in the Middle East. Most Read Articles on Bloomberg Bullion prices rose Wednesday as geopolitical risks took center stage as traders focused on the close U.S. presidential election and concerns that the conflict between […]
USD/INR gathers strength as traders brace for US Retail Sales data – FXStreet
The Indian rupee weakened in early European trade on Thursday. Continued selling in domestic stocks by foreign portfolio investors has weighed on the Indian rupee. Thursday's US September retail sales figures will be a highlight. The Indian rupee (INR) traded slightly lower on Thursday due to the strength of the US dollar (USD). Heavy outflows […]
Australian Dollar loses ground as traders expect Fed to deliver nominal further rate cuts – FXStreet
The Australian dollar has fallen due to economic instability in China. This week's ANZ Roy Morgan Consumer Confidence Index remained unchanged at 83.4. The US dollar is being supported by the fading possibility of further bumper rate cuts by the Federal Reserve. The Australian dollar (AUD) remained weak against the US dollar (USD) on Tuesday, […]
Dollar Extends Weekly Gaining Trend as Traders Trim Fed Cut Bets – Yahoo Finance
(Bloomberg) — Traders are pushing the dollar toward a second straight week of gains as they anticipate a slowing pace of interest rate cuts by the U.S. Federal Reserve. Most Read Articles on Bloomberg The Bloomberg Dollar Spot Index rose 0.5% this week, even as some other central banks consider further monetary easing to support […]
GBP/USD hangs near multi-week low, below 1.3100 as traders await FOMC minutes – FXStreet
GBP/USD on Wednesday is attracting new sellers and is under pressure due to various factors. Sterling continues to be weighed down by dovish comments from Bank of England Governor Bailey last week. The reduction in bets on a big Fed rate cut is supporting the dollar and contributing to its decline. The GBP/USD pair is […]
Dollar drifts near 7-week highs as traders consider US rates outlook By Reuters – Investing.com
Written by Uncle Banerjee SINGAPORE (Reuters) – The dollar fell 7.7 points against major currencies on Tuesday as rising tensions in the Middle East soured risk sentiment and investors pondered the outlook for U.S. interest rates after last week's strong jobs report. It hit a weekly high. Traders have drastically reversed their expectations for monetary […]
EUR/USD posts modest gains above 1.1050, traders await US ADP report – FXStreet
In Wednesday's Asian session, EUR/USD remained steady around 1.1070. US ISM Manufacturing PMI in September was weaker than expected. Eurozone inflation fell below the ECB target in September. During Wednesday's Asian trading session, the EUR/USD pair was moving moderately higher around 1.1070. Meanwhile, signs of rising geopolitical tensions in the Middle East could weigh on […]
Gold Price Forecast: XAU/USD edges higher above $2,650 as traders brace for Chinese PMI data – FXStreet
Gold prices rose to $2,665 in early Asian session on Monday. Rising geopolitical tensions in the Middle East and Fed rate cuts are supporting gold prices. Investors are awaiting China's PMI to be released on Monday. Gold prices (XAU/USD) recovered to near $2,665 in early Asian trading on Monday. Precious metals have been buoyed by […]