Gold remains elevated amid renewed Middle East hostilities. US election uncertainty adds to gold’s appeal, with polls showing a tight race between Trump and Biden in key swing states. Rising US Treasury yields and a rebounding Dollar cap gains, with … [Continue reading]
Gold price steadies on geopolitics, US elections uncertainty
Gold remains elevated amid renewed Middle East hostilities. US election uncertainty adds to gold’s appeal, with polls showing a tight race between Trump and Biden in key swing states. Rising US Treasury yields and a rebounding Dollar cap gains, with … [Continue reading]
Mexican Peso slumps amid political turmoil, ends week with losses
Mexican Peso weakens amid political uncertainty after judicial reforms limit judiciary’s ability to challenge constitutional changes. President Sheinbaum’s defiance of a federal judge's suspension order adds to concerns about rule of law and economic … [Continue reading]
NZD/JPY Price Analysis: Selling pressure emerges after bearish SMA crossover
The NZD/JPY has been trading sideways recently, showing no clear trend. Technical indicators suggest a growing bearish momentum, with the RSI and MACD starting to turn in favor of the sellers. The 100 and 200-day SMA completed a bearish crossover at … [Continue reading]
Dow Jones Industrial Average snaps win streak, caps off downside run with over 250 points loss on Friday
The Dow Jones shed seven-tenths of a percent on Friday at its lowest. A tech stock rally left the Dow in the dust as the blue-chip index waffles. Despite holding on the high end, the Dow Jones found its first down week since August. The Dow Jones … [Continue reading]
Australian Dollar recedes despite hawkish RBA , US mid-tier data
AUD/USD continues trading close to dangerous levels near 0.6600. Aussie Dollar could benefit from the hawkish tone surrounding the RBA. The USD saw some gains due to strong sentiment data from the University of Michigan. The AUD/USD declined by … [Continue reading]
United States CFTC Gold NC Net Positions increased to $296.2K from previous $286.4K
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or … [Continue reading]
United States CFTC S&P 500 NC Net Positions down to $23K from previous $28.1K
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or … [Continue reading]
United States Baker Hughes US Oil Rig Count below expectations (482): Actual (480)
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or … [Continue reading]
Canada New Housing Price Index (YoY) climbed from previous 0% to 0.2% in September
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or … [Continue reading]