Gold prices plunged as a market-wide recovery in risk appetite sent capital flows pouring out of the safety of Treasury bonds, pushing yields upward alongside shares. The chipper ...
Gold prices ended Monday’s session down $9.25 as investors continued to cash in profits from a recent rally that pushed the market to the highest level in a year. The reduced anx...
Stock markets across Asia are mostly trading in green after a strong rally on Wall Street in overnight trade. The Japan’s Nikkei 225 is up 0.98%. The China’s Shangha...
EUR/USD 4 hour The EUR/USD continued to move lower as it approaches the support trend line (blue) yet again. The bearish bounce is indicating that the recent bullish momentum is pr...
“At last Treasury yields are rising,” Bloomberg’s Paul Dobson writes, projecting what he imagines might be going through the heads of macro strategists the world over. “A ...
Entering 2017, the USD had been up four years running on a broad trade-weighted basis with 8.6% gains in 2014, 10.7% appreciation in 2015 and a more modest 3.0% move in 2016. That...
Trading the News: U.K. Consumer Price Index (CPI) An uptick in the headline and core U.K. Consumer Price Index (CPI) may spark a bullish reaction in GBP/USD as it puts pressure ...
EURUSD is facing the support of the ascending trend line from 1.1662 to 1.1823 on its 4-hour chart. A clear break below the trend line could bring price back to test 1.1823 support...
Eventually physical demand for precious metals will swamp the games being played in the paper (i.e., futures contract) markets. So every time the commitment of traders report (COT)...