USD/JPY Price Forecast: Rises past 149.00 as traders eye key resistance – FXStreet
USD/JPY rose 0.34%, extending the two-day gathering, with buyers focusing on the key 150.00 level. While US retail sales data is impressive, weak manufacturing figures make it questionable about the economic momentum. Technical Outlook: Daily closings above 150.00 allow doors to open at 150.67, but support is at 149.00. USD/JPY rose for the second day […]
Gold market analysis for March 17 – key intra-day price entry levels for active traders – Kitco NEWS
Jim Wykoff He has been involved in the stocks, finance and commodity markets for over 25 years. He was a financial journalist for FWN Newswire Service for many years. These include stints as a reporter on the commodity futures trading floors of Rough and Tumble in Chicago and New York. As a journalist, he has […]
Gold (XAU) Silver (XAG) Daily Forecast: Traders Await NFP Report as Gold Tests Key Resistance – FX Empire
Silver will consolidate as rate cut expectations are built Silver (Xag/USD) is trading at $32.55, slightly above the session low of $32.43. The metals are confirmed, and support from the softer US dollars has increased speculation that the Federal Reserve will ease its policy in the coming months. However, concerns about global trade and suppressed […]
Gold (XAU) Price Forecast: Bearish Reversal in Play as Traders Eye $2746.58 Target – FX Empire
Does the Fed's inflationary erode the appeal of gold? The Federal Reserve is the dominant force in gold price action, with traders closely tracking their response to inflation data. The Fed's preferred inflation gauge, the Personal Consumption Expense (PCE) Index, rose 0.3% in January, collaborating with expectations. Core PCE, which removes volatile foods and energy […]
Gold market analysis for February 28 – key intra-day price entry levels for active traders – Kitco NEWS
Jim Wykoff He has been involved in the stocks, finance and commodity markets for over 25 years. He was a financial journalist for FWN Newswire Service for many years. These include stints as a reporter on the commodity futures trading floors of Rough and Tumble in Chicago and New York. As a journalist, he has […]
Traders are pouring into gold ETFs at record pace as trade and inflation worries grow – CNBC
I'm rushing for money on Wall Street. Investors gather at precious metals at a pace they have never seen before. Gold Exchange-Traded Funds last week saw a record high inflow (approximately $4.5 billion, led by SPDR Gold Shares ETF (GLD)), which caused about half of the inflow during stock market sales on Friday, leading to […]
Gold market analysis for February 26 – key intra-day price entry levels for active traders – Kitco NEWS
Jim Wykoff He has been involved in the stocks, finance and commodity markets for over 25 years. He was a financial journalist for FWN Newswire Service for many years. These include stints as a reporter on the commodity futures trading floors of Rough and Tumble in Chicago and New York. As a journalist, he has […]
Gold market analysis for February 25 – key intra-day price entry levels for active traders – Kitco NEWS
Jim Wykoff He has been involved in the stocks, finance and commodity markets for over 25 years. He was a financial journalist for FWN Newswire Service for many years. These include stints as a reporter on the commodity futures trading floors of Rough and Tumble in Chicago and New York. As a journalist, he has […]
Gold market analysis for February 19 – key intra-day price entry levels for active traders – Kitco NEWS
Jim Wykoff He has been involved in the stocks, finance and commodity markets for over 25 years. He was a financial journalist for FWN Newswire Service for many years. These include stints as a reporter on the commodity futures trading floors of Rough and Tumble in Chicago and New York. As a journalist, he has […]
US Dollar Index steady while traders mull any possible outcomes for Ukraine this week – FXStreet
The US dollar increased its headlines in the flatline on Monday. Traders are pondering the potential outcomes from Riyadh's Ukrainian talks this week. The US Dollar Index (DXY) is pasted in the mid-106 range and is looking for directions. The US Dollar Index (DXY), which tracks the performance of the US dollar (USD) against six […]