Gold (XAU/USD) Listless Ahead of US CPI, Bitcoin (BTC/USD) Probes Multi-Year High
Gold needs a driver to break its current state of lethargy, while Bitcoin continues to move higher as the fourth halving event heaves into view
Gold needs a driver to break its current state of lethargy, while Bitcoin continues to move higher as the fourth halving event heaves into view
The week ahead is likely to bring elevated volatility for stocks, gold prices, U.S. Treasury yields and currency markets, courtesy of a high-impact event on the U.S. economic calendar: the release of the January inflation report.
This article discusses the fundamental and technical outlook for gold prices ahead of next week's key U.S. inflation data, examining possible scenarios that could develop in the near term.
Outlook on FTSE 100, Dow and Nikkei 225 as earnings season is quieting down
The Euro hasn’t clawed back much of the ground it lost last week to a stronger Dollar, and on current showing doesn’t seem likely to
Gold prices have consolidated within a narrowing formation. Influenced more recently by US yields and the dollar, safe haven appeal appears to have waned
This article focuses on the technical outlook for USD/JPY, EUR/JPY and GBP/JPY. The piece also assesses key price levels that should be on every currency trader’s radar, discussing their potential roles as support or resistance in the coming days.
Oil prices attempt to recover a spate of losses linked to the worsening global economic outlook. However, prices have edged higher as China ramps up support
Sterling bulls had a reasonable start to trade Thursday but couldn’t hold on as the session’s US data came in
The Euro has clawed back a bit of lost ground as it becomes clear that rates are going nowhere fast on either side of EUR/USD