Our weekly journey through the precious metals and commodities CFD’s available with OANDA. Jeffrey analyses each using a combination of technical and fundamental analysis. This week, U.S. Interest rates are still rising, as is the big dollar, as we head into a very data-heavy week. A pending decision on the new Chairperson of the Federal […]
Our weekly journey through the precious metals and commodities CFD’s available with OANDA. Jeffrey analyses each using a combination of technical and fundamental analysis. This week, U.S. Interest rates are still rising as we get closer to a decision on the new Chairperson of the Federal Reserve. Gold continues to be under pressure, but […]
Crude makes a comeback but there is no such luck for gold as U.S. yields and the big dollar march higher. After a choppy session on Friday where oil spent most of it on the back foot, as the washout of stale long positioning continued in earnest, both Brent and WTI shock of their standing […]
Gold tumbles as the U.S. Senate causes yields and the dollar to rise across the board. Gold has fallen 0.50% or some six dollars from its close in New York as Asia erases almost all of the gains it made yesterday. Gold is wilting as the U.S. dollar surges in Asia after the U.S. Senate […]
The post Gold Tumbles in Asia as U.S. Senate Rallies the Dollar appeared first on Forex news forex trade.
U.S. yields continue to quietly move higher, forcing further retreats in gold and silver prices, with any safe haven premium absent from trading for now. Gold Gold prices crawled higher in Asia reclaiming some of its overnight losses as traders awaited the start of the China Communist Party Congress. Trading is expected to be thin […]
President Trump’s update on its Iran relations today has the oil market nervous, overshadowing this evening’s U.S. CPI. Brent and WTI limped quietly into the week’s end overnight with the price action with the price action neutral as the dust settles. WTI outperformed as the DOE Crude Inventories showed a higher than expected 2.7 million […]