XAU/USD Warren Patterson and Ewa Manthey of ING point out that, although a slower rate than the previous year, central banks, headed by China and Poland, continued net gold purchases in July, supporting structural demand. They also note that lower...
EURUSD H4 Timeframe Technical analysis: The EUR/USD 4-hour chart is showing a mixed but slightly bearish short-term structure. The price is currently around 1.16052, after recovering from the recent decline toward the 1.1562–1.1576 support zone. The...
Why the SP 500 Can Rally While Most of Your Stocks Struggle The SP 500 SPX is up, financial TV is celebrating another strong session and somewhere a strategist is already explaining why the rally confirms their year-end target. You open your...
The Canadian dollar edged slightly lower against its US counterpart on Friday, with USD/CAD trading near 1.3870 after rebounding from a two-week low of 1.3765 touched earlier in the week following the release of US employment data. Market attention...
NFP Update Forecast Gold (XAU/USD) drops significantly on Friday, reversing the positive trend seen over the previous two days after the release of strong US Nonfarm Payrolls (NFP). On Thursday, gold rose to trade above $4,500, up nearly 2%, but it...
