Gold upside momentum looks vulnerable
A shift in the Fed policy is a bearish signal for the safe-haven precious metal
Gold priced declined on Thursday as the greenback staged a short-lived rally that was...
Powell sent the US Dollar down
Powell says the Fed sees average inflation targeting as its new strategy, the greenback came under strong pressure
On Friday, the US Dollar continues to trade with losses near the...
Bitcoin struggles to regain upside momentum
BTC remains on the defensive since its rejection from fresh 2020 highs around $12,500
While global financial markets are little changed ahead of Powell’s speech due later today, bitcoin...
All eyes on Jackson Hole. Dollar down, gold up
Ahead of the crucial event today, gold managed to restore its gains, the USD was not so lucky
On Thursday, all markets’ attention is focused on the Jackson Hole...
Upcoming Jackson Hole symposium helps in USD recovery
Ahead of tomorrow’s key event, markets remain watchful and prefer to wait
On Wednesday, risk-off returned to markets, which benefited the USD and dragged the most popular currency pair...
Sino-American constructive talks weighing on the Dollar
The greenback lost ground amid positive headlines from the US-China trade front
On Tuesday, the US Dollar is slipping back closer to the 93.00 mark and now sits in the red...
A quiet srart to the week, ranges tight
As the economic calendar is empty, the COVID-19 news will drive the sentiment
At the beginning of a new trading week, most majors stick to the tight ranges and...
GBPUSD holds steady near intraday highs
The UK Retail Sales helped sterling to keep afloat, USD continues to sink
On the last trading day of the week, GBPUSD continues to hold steady near the intraday highs...
US Dollar saw a short-lived recovery on Fed’s statement
Fed’s reluctance to set control over the yield curve backed up the USD but for how long?
On Thursday, the DXY finally managed to gain some ground and strengthen...
US Dollar can’t raise its head
The US Dollar nosedived to the 92.20 area, EURUSD’s move north seems unabated
On Wednesday, the DXY continues to fall and trades with modest losses near the 92.20 region....