0.0 00 The euro continues to march higher in the EUR/GBP Forex market. Price action is poised, once again, to challenge above the key pivot at 0.93. This comes after the euro crashed through resistance levels …
Read More »The Yen ignores Today’s Job Data for Risk Trends
0.0 00 This morning the Japanese yen (USD/JPY) was rather quiet after an as-expected jobs report was released by the island nation. Investors were more focused on the latest missile launch from the belligerent nation of …
Read More »After Jackson Hole the Euro hits a 30 month High
0.0 00 The euro Forex market (EUR/USD) has posted its largest daily gain, this morning, in nearly two months. The euro has cleared the swing high set in August. This is suggesting that the rising trend …
Read More »Gold Prices could Move Higher after Jackson Hole
0.0 00 Gold contract prices seesawed during Asian trade hours. The price of spot gold (XAU/USD) failed to find any sort of follow through after Federal Reserve’s annual banker’s symposium in Jackson Hole, last week. Federal …
Read More »For Now Crude Oil shrugs off Hurricane Harvey
0.0 00 Over the weekend, a massive hurricane battered the southern coast of Texas with category level 3 wins and 30 to 40 inches of rain, as the storm moved slowly inland. The storm has been …
Read More »The Yen Shrugs off Inflation Data for Jackson Hole
0.0 00 The Japanese yen (USD/JPY) was steady during Asian trade hours despite inflation data, the consumer price index (CPI) which revealed that inflation remains stubbornly well below the Bank of Japan’s two percent target. The …
Read More »Yellen’s Jackson Hole Comments could Pressure Gold
0.0 00 Commodity prices, including spot gold (XAU/USD), are trading in a familiar trading range as investors, including gold traders, wait on directional cues from the Federal Reserve’s annual symposium in Jackson Hole, Wyoming. A much …
Read More »Crude Oil Inventories Fall but Prices remain Steady
0.0 00 Futures for crude oil contracts were steady during the Asian trade hours. They held on to most of their gains from the previous session, thanks in part to another fall in US crude oil …
Read More »Gold Moves Lower ahead of Today’s Jackson Hole Conference
0.0 00 Gold futures contracts moved lower during Asian trade, Thursday morning, after making some gains thanks to the threats to shut down the US Government over the US ad Mexico barrier wall by President Trump. …
Read More »Kiwi Dollar Moves Higher on Solid Trade Data
0.0 00 The New Zealand, or Kiwi, Forex market (NZD/USD) moved higher this morning as well as against its major G-20 trading partners. This comes after July’s trade numbers crossed the wires this morning. All numbers …
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