XAU/USD Lacks Directional Conviction on Conflicting Market Forces
XAU/USD Lacks Directional Conviction on Conflicting Market Forces XAUUSD had gotten a ailment break of an earlier triangle pattern at $1,898. In any case, its advance can be tempered for the present by $2,001, the 61.8% Fibonacci retracement of the unpredictable March range of $2,070-$1,890. Bypassing $1,981 opens the entryway for a trial of the […]
Dollar Down, Below 100-Mark as U.S. Yields Ease
Dollar Down, Below 100-Mark as U.S. Yields Ease NZD: Performance of Manufacturing Index, it measures level of a diffusion index based on surveyed manufacturers GBP: RICS House Price Balance, it measures level of a diffusion index based on surveyed property surveyors. AUD: MI Inflation Expectations, it measures Percentage that consumers expect the price of goods […]
XAUUSD pressuring the bears near daily resistance ahead of ECB
XAUUSD pressuring the bears near daily resistance ahead of ECB The gold price (XAUUSD) is striving to rise and is approaching the recent highs set on Wednesday at $1,980. The US dollar is behind on Thursday after dipping overnight as US rates stopped their advance, providing some comfort to the FX market as investors await […]
Asian stocks are being tracked. Wall Street rises as US yields level off
Asian stocks are being tracked. Wall Street rises as US yields level off On Thursday, Asian equities rose in tandem with Wall Street, but U.S. Treasury yields remained stable and the dollar fell, as recent U.S. data increased confidence that inflation is nearing a peak, despite the fact that several major central banks hiked rates […]