Silver Price Update: Runaway Sell-off Eyes Key Level of Support
Commodity markets have sold off in the wake of upward revisions to the Federal Funds rate. The non-interest-bearing asset now approaches a crucial technical level Read More
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Commodity markets have sold off in the wake of upward revisions to the Federal Funds rate. The non-interest-bearing asset now approaches a crucial technical level Read More
US durable goods orders fell more than expected in January, reflecting a decline in 2 of the last 3 months according to data from the US Census Bureau. Read More
Crude oil has continued to be shaken from the effects of a stronger US Dollar and higher inventories that rattled markets last week. Read More
The markets and assets that do well when price growth is cowed might not be such great investments when it is more vigorous. Read More
Spot gold continues to make its way toward the $1800 level as the Dollar remains bid following US PCE Data. Can the precious metal catch a short-term bounce as the RSI enters oversold territory? Read More
The Euro has been battered like many other currencies by Dollar-supporting suspicions that US interest rates will be staying higher for longer. Read More
GBP/USD price action has the pound testing the key 200-day MA ahead of the US durable goods orders release later today. Read More
The US Dollar ascendency got back on track last week after strong core US PCE data triggered fears of an even more aggressive Fed tightening phaser. Will the DXY index make a new high? Read More
The Dow Jones and S&P 500 tumbled as PCE data boosted hawkish Fed bets last week. The US Dollar gained, and gold fell. Ahead, CAD and AUD are eyeing local GDP data. What else is in store? Read More
Gold prices head into the week on the backfoot after a resilient dollar remains supported by salivated inflationary pressures. XAU/USD eyes 1800. Read More