Saturday, May 18, 2024
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Gold lacks recovery impetus amid lingering vaccine hopes

The bullion came under renewed pressure as dollar demand has recovered a bit due to some deterioration in risk sentiment Gold priced gained over 2.5% last week, having bounced...

Dollar steadies ahead of NFP data

The downside remains the path of least resistance for the American currency The US dollar has steadied on Friday while staying around long-term lows following the recent sell-off. Risk...

Bitcoin in consolidation mode ahead of another rally

The fact that the largest cryptocurrency by market capitalization refrains from a deeper retreat may signal its readiness to make another bull After peaking at fresh all-time highs just...

Euro maintains bullish tone, could trigger ECB intervention

The central bank may voice its concerns over the common currency surge, which is undermining the modest economic recovery The euro has extended the impressive rally to 1.2125 so...

Dollar licks its wounds after another sell-off

After the current retreat, the common currency may attract fresh demand and challenge the mentioned 1.2100 barrier Coronavirus vaccine approvals lifted market sentiment overnight, driving the safe-haven dollar to...

Bitcoin bulls celebrate a new all-time high

While a downside correction could be expected in the short term, the outlook for the digital currency by market capitalization looks constructive Bitcoin prices finished November at all-time highs...

Gold gets a reprieve but stays under broad pressure

The 200-DMA acting as the immediate resistance just below the $1,800 figure Gold prices bounced from fresh July lows registered around $1,1764 on Monday as the precious metal got...

Oil market awaits OPEC+ decision

The current plan is to raise output by 2 million barrels per day in January Oil prices struggle to regain upside momentum at the start of the week as...

Gold clings to multi-month lows, threatening the $1,800 mark

Doubts in vaccine efficiency cap gains in risky assets, suggesting the yellow metal may stay afloat in the near term Gold prices remain on the defensive, finding support just...

Euro adding to gains amid a weaker dollar

The current rally in the oil market adds to investor optimism amid expectations of supportive measures from OPEC+ As the greenback stays under pressure, the euro keeps adding to...