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Dollar Rises as Russia Escalates Missile Strikes on Ukraine After Bridge Attack
The dollar strengthened in early dealings in Europe on Monday, after Russia launched a barrage of missile attacks against Ukrainian...
Candlestick & Company
Oct 10, 20222 min read
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Gold Price Forecast: XAU/USD remains confined in a range above $1,700, NFP awaited
Gold oscillates in a narrow band through the first half of the European session on Friday. Aggressive Fed rate hike bets, elevated US...
Candlestick & Company
Oct 7, 20222 min read
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Dollar Weakens as Treasury Yields Drop; Sterling Retains Strength
The U.S. dollar retreated in early European trading Tuesday with risk sentiment on the rise, while sterling retained its recent gains...
Candlestick & Company
Oct 4, 20221 min read
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Gold Price Forecast: XAU/USD likely to extend range play around $1,660
Gold price is turning south once again after facing rejection at higher levels. The metal is defending gains amid a broadly weaker US...
Candlestick & Company
Oct 3, 20221 min read
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Dollar Edges Lower; Sterling Bounces After GDP Surprise
The U.S. dollar edged lower in early European trading Friday as sterling and the euro stabilized near one-week highs, helped by...
Candlestick & Company
Sep 30, 20222 min read
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Gold Price Forecast: XAU/USD to suffer fresh selling pressure on failure to hold $1,642
Gold (XAU/USD) retreats to the $1,650 area. A break below $1,642 would clear the way towards the $1,620-$1,615 region. The $1,662 area...
Candlestick & Company
Sep 29, 20221 min read
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Bitcoin mining struggles to go green, research shows
Bitcoin is struggling to go green, with the cryptocurrency making only slim gains in its usage of sustainable energy in the year to...
Candlestick & Company
Sep 27, 20222 min read
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Gold Price Forecast: XAU/USD rebounds amid a sharp USD pullback, upside potential seems limited
Gold attracts some dip-buying near the $1,655 region, though lacks any follow-through. A sharp USD pullback from a two-decade high offers...
Candlestick & Company
Sep 22, 20222 min read
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Fed Decision, Putin Mobilizes, Home Sales - What's Moving Markets
The Federal Reserve is set to raise U.S. interest rates again - but by how much? Vladimir Putin rattles the nuclear saber as he calls up...
Candlestick & Company
Sep 21, 20221 min read
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Dollar Edges Lower; Remains Near 20-Year High Ahead of Fed Meeting
The U.S. dollar edged lower in early European trading Tuesday, but remained near a 20-year high as the market geared up for another...
Brianna Lizeth
Sep 20, 20223 min read
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Gold Price Forecast: XAU/USD hangs near YTD low, just above $1,660 amid stronger USD
Gold meets with a fresh supply on Monday amid a goodish pickup in the USD demand. Aggressive Fed rate hike bets, elevated US bond yields...
Candlestick & Company
Sep 19, 20221 min read
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Dollar Edges Lower; Key U.S. CPI Release to Set Tone
The U.S. dollar edged lower in early European trade Tuesday ahead of the release of the hotly anticipated U.S. inflation data, which is...
Brianna Lizeth
Sep 13, 20222 min read
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Gold Price Forecast: XAU/USD jumps closer to Friday’s swing high amid notable USD supply
Gold catches fresh bids on Monday and turns positive for the second successive day. The prevalent USD selling bias turns out to be a key...
Brianna Lizeth
Sep 12, 20222 min read
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Gold Price Forecast: XAU/USD rises to more than one-week high amid heavy USD selling
Gold gains strong positive traction on Friday amid aggressive USD long-unwinding trade. Aggressive Fed rate hike bets, elevated US bond...
Brianna Lizeth
Sep 9, 20222 min read
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Dollar Soars Against the Yen; BOJ Intervention Eyed
The U.S. dollar soared in early European trade Wednesday, rising to a fresh 24-year high against the Japanese yen as traders anticipate...
Brianna Lizeth
Sep 7, 20222 min read
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Gold Price Forecast: XAU/USD eyes $1,700 as path of least resistance appears down
Gold price reverses sharply amid an upturn in the yields and the US dollar. Global tightening bets, recession fears continue to bode ill...
Brianna Lizeth
Sep 6, 20221 min read
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OPEC+ agrees to lower oil output targets by 100K bpd in October
Reuters reported on Monday that the Organization of the Petroleum Exporting Countries and allies including Russia, known collectively as...
Brianna Lizeth
Sep 5, 20221 min read
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Gold Price Forecast: XAU/USD moves away from multi-week low, retakes $1,700 ahead of NFP
Gold edges higher on Friday and moves away from a multi-week low touched the previous day. A modest USD pullback from a two-decade high,...
Brianna Lizeth
Sep 2, 20222 min read
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ECB bets boost euro, dollar slips from 20 year peak
The euro climbed past parity against a softening dollar on Tuesday, thanks to lower energy prices and the possibility of a super-sized...
Brianna Lizeth
Aug 30, 20222 min read
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Gold Price Forecast: XAU/USD to remain under pressure ahead of NFP
Gold stays under heavy bearish pressure. With Fed policymakers reiterating the significance of the August inflation and employment data...
Brianna Lizeth
Aug 29, 20221 min read
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