Yellow metal recovering but not out of the woods
Gold is gaining steam for the third consecutive day. The market needs to overcome the 1475 resistance. Gold daily chart The yellow metal is trading in a bull… Read more »
Category: News
European major indices close the day mostly lower
Yields are mixed The major European stock indices are closing the day mostly lower. The provisional closes are showing: German DAX, -0.32% France’s CAC, -0.11% UK’s FTSE 100, -0.67% Spain’s… Read more »
XAU/USD Defends Critical Support- GLD Targets
Gold prices reversed off a key support zone this week and we’re assessing this recent recovery in XAU/USD. While the broader risk remains lower, the short-bias is vulnerable while above… Read more »
There is nothing in the US economy that is booming
More from Fed’s Powell: There is nothing in the US economy that is booming Coming Up! Title text for next article LON SDNY+11 NY… Read more »
Pound Volatility Jumps Most Since Brexit Vote on Election Risk By Bloomberg
© Reuters. Pound Volatility Jumps Most Since Brexit Vote on Election Risk (Bloomberg) — Sign up to our Brexit Bulletin, follow us @Brexit and subscribe to our podcast. traders are bracing for swings of… Read more »
Yen holds firm as markets stay more cautious
Forex news from the European session – 14 November 2019 Headlines: Markets: JPY leads, AUD lags on the day European equities mixed; E-minis flat US 10-year yields down 5 bps… Read more »
Pound Steady as Election Worries Fade
The Pound Sterling was relatively range-bound during Thursday trade in London, but FX traders are hopeful that the trading week will end on a positive note. Analysts are forecasting that… Read more »
Tusk: British Voters Should Not Give Up on Stopping Brexit
The European Council President Donald Tusk told the British voters to not give up on stopping the Brexit. This move is heavily controversial as it can be interpreted as an… Read more »
DAX, FTSE 100 and IBEX Technical Analysis Forecast
Eurozone Index Price Analysis & News DAX | Upside Appears Exhausted IBEX | Political Uncertainty Weighs on IBEX FTSE 100 | Outlook Weakens Following Break of Rising Channel DAX |… Read more »
Powell and Trump Both Take Credit for U.S. Economy
Federal Reserve Chairman Jerome Powell announced on Wednesday that he expects the U.S. economy to continue its growth trajectory, despite risks from overseas and concerns about trade tensions between the… Read more »