0.0 00 Gold futures moved higher during Asian trade hours this morning. The yellow metal was supported by a dollar which steadied, pulling back from multi month highs and falling Treasury yields which pulled back from …
Read More »Dollar moves off its 3 ½ month Highs
0.0 00 The U.S. dollar, kicked Monday morning off, during Asian trade hours, holding steady against a basket of six currency majors. This is known as the dollar index. Late last week, the dollar pulled back …
Read More »Gold falls lower as the Dollar Firms
0.0 00 During the overnight North American trade session into today’s morning Asian trade session. The yellow metal is losing support thanks to higher Treasury yields and a strengthening U.S. dollar. Traders are worried about the …
Read More »US Crude Oil Moves Higher Overnight
0.0 00 Overnight, during North American trade hours, crude oil contracts inched higher. Oil was supported by traders expecting the United States to renew sanctions against Iran. Also, there is falling production out of the embattled …
Read More »Treasury Yields continue to Climb Higher
0.0 00 Treasury yield, which move inversely to prices, continued their march higher during North American trade hours on Wednesday. The rate on the benchmark 10 year Treasury note is now above the key psychological level …
Read More »Crude Oil Futures tick Higher Overnight
0.0 00 Overnight, crude oil futures ticked higher ending Wednesday’s session higher. Traders were digesting news that inventory in the United States rose. There was also increased shale production which capped gains. Supply reductions, from OPEC …
Read More »Gold Falls Lower on Firmer US Dollar
0.0 00 Gold futures moved lower, before steadying, during Asian trade hours. They were also lower during the North American trade hours. This comes as the U.S. dollar is firming thanks to rising Treasury yields. There …
Read More »Asian Markets fall Lower this Morning
0.0 00 Several events, mostly due to the benchmark 10 year Treasury yield hitting three percent saw stocks on Wall Street selling off overnight. The Dow Jones shed over 400 points. Asian and Pacific Rim stock …
Read More »The Dollar Rally lows down as Equities Dip
0.0 00 The U.S. dollar was steady this morning, during Asian trade hours. The dollar is trading just below a multi month high. This rally in the greenback came during Wall Street hours after the benchmark …
Read More »Treasury Yields top 3% for first time since 2014
0.0 00 Overnight, during North American trade hours, the yield on the benchmark 10 year Treasury note finally traded at the key and game changing rate of three percent. The yield has not been this high …
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