0.0 00 Gold futures continue to move on a mix of local headlines, this morning out of the Asian trade zone, and the U.S. Dollar. The yellow metal moved higher thanks to a weaker almighty buck …
Read More »Despite Firm Dollar Gold Hits 1 Week High
0.0 00 The price of gold futures contracts moved higher today towards a new one week high. Gains, however, were capped by a firmer US dollar after investor expectations were bolstered by renewed hopes for another …
Read More »Asian Markets Climb Higher Despite Soft Close on Wall Street
0.0 00 Most of the Asian equity and financial markets moved higher this morning. Asian investors appeared to shrug off a weaker close on Wall Street overnight. The Japanese Nikkei 225 was up 0.34 percent. Their financial …
Read More »BOJ Governor Recommits to Ultra Easy Monetary Policy
0.0 00 This morning, the Bank of Japan (BOJ) Governor Haruhiko Kuroda recommitted the Japanese central bank’s commitment to an ultra-easy monetary policy. This sent the Japanese yen lower in the USD/JPY Forex market. BOJ Governor …
Read More »Chinese Markets Push Higher Despite Data Miss
0.0 00 Many of the Asian markets moved higher to start the week off, this morning. Asian investors are digesting the recently released Chinese Caixin services purchasing managers’ index. The Australian S&P ASX 200 was up 0.81 …
Read More »Gold Prices are Volatile on Fed Outlook
0.0 00 Gold futures prices, this morning, were volatile. They were wild on Friday, as well. The precious metal fell to a Two month low as US labor market data, the non-farm payrolls, stoked Fed rate …
Read More »Chinese Data Knocks the Aussie Dollar
0.0 00 This morning Chinese Caixin data missed the mark, hitting the 21 month low. As a result the Aussie dollar, AUD/USD Forex market, took a bit of a hit as well. Chinese service sector purchasing …
Read More »Gold Traders wait on Today’s NFP Release
0.0 00 During Asian trade hours, Friday morning, gold prices were steady and the U.S. dollar was firm. Traders are waiting on today’s release of the non-farm payroll out of the United States. As of 1 …
Read More »Japanese Yen Hurt on Earnings Data
0.0 00 The Japanese yen, USD/JPY Forex market, moved lower as the dollar gained. This means the USD/JPY moved higher. The country of Japan, this morning, released mediocre earnings data. First up, labor cash earnings rose …
Read More »Australian Retail Sales Miss the Mark
0.0 00 The Australian dollar, specifically the benchmark AUD/USD Forex market took a bit of a hit this morning after a retail sales miss. Trade data was strong, but was largely ignored by Australian dollar traders. …
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