The dollar index fell below 105.5 on Tuesday, its lowest in a month, as U.S. Treasury yields fell as investors continued to assess the outlook for the Federal Reserve's monetary policy. . The benchmark 10-year Treasury yield fell from 5% on Monday after Pershing Square's Bill Ackman said he hedged short positions in bonds due to geopolitical risks on the day. ....
Gold fell back after facing strong resistance near the $2,000 level. After a strong rebound from October lows, gold fell again as traders pared back gains. The RSI has recently moved into calm territory, giving gold plenty of room to gain further bullish momentum if the right catalysts occur.
Gold prices are currently trading around $1,975, retreating from near $2,000. Federal Reserve Chairman Jerome Powell and other Fed officials have indicated that interest rates will remain stable at the November meeting. Geopolitical tensions continue to weigh on markets, leading to an outflow of safe-haven assets like gold. Market participants will focus on US...
USDJPY touched 150.eleven early withinside the Asian consultation earlier than falling barely because the USD got here below strain from options-pushed selling. The pair is presently buying and selling round 149.93. Investors are carefully downplaying JPY because of the chance of presidency intervention. Finance Minister Shunichi Suzuki stated closing week it...
GBPUSD remains a Buy intraday trend In the short term buy intraday in the 1.21600-1.21400 area sl: 1.21000 tp:1.22000-122300 The Hamas-Israel conflict and yields continue to pose a threat to the currency pair ahead of a series of key economic data from the UK and US this week. In the H4 framework, GBP/USD started to rise after testing his 1.2100 support, but the...
Gold prices (XAU/USD) regained some of last week's gains and hovered around $1,975 during Asian trading on Monday. The bullish outlook for precious metals is supported by flows into safe-haven assets amid rising geopolitical tensions in the Middle East. Meanwhile, the US dollar index (DXY), which measures the value of the US dollar against six other major...
The war is escalating and gold is increasing very strongly recently Major common currencies are maintaining their current positions and rising momentum However, now the energy crisis is gradually starting as most warring countries are cutting production and stopping supply to the whole of Europe. For the above reasons, it is certain that the Fed will once again...
World gold prices this morning continued to increase strongly with spot gold increasing by 22.9 USD, increasing to 1,946.9 USD/ounce. Gold futures last traded at $1,968.30 an ounce, up $32.60 from the bright spot. Developments in the Middle East have triggered hidden buying momentum in the gold market, bringing this precious metal to its highest level since...
- Spot gold fell early in Monday's trading session, testing $1,908 before recovering along with the rest of the market. - Investor sentiment in general has returned to a risk-tolerant state after last week's decline. - XAU/USD has been moving sideways before entering an active trading session on Tuesday. Spot gold prices fell early this week from their opening...
Soaring government bond benefits continue to dominate the pair's price action. Investors still need to watch out for Japan which will likely rate closer to 150. USD/JPY fell near 148.80, but quickly recovered to around 149.50 as the Bank of Japan (BoJ) is expected to announce its inflation forecast for fiscal years 2023 and 2024 earlier. On Tuesday, Bloomberg...
The European Union (EU) and the United States are planning to create a common tariff area, imposing tariffs on steel and aluminum imports from economies such as China, under their export theme. European Commission on EU-US consensus. Based on sources from Politico, according to this agreement, they will impose a tax of 25% on steel and 10% on aluminum. This is...
The British Pound broke its downtrend at H4 DXY hit the nearest resistance and is tending to turn back as the war escalates Currently the war situation is quite tense and we can witness a global food crisis In addition, OPEC countries are planning to reduce production and stop selling