Thursday, May 16, 2024
Advertisement

XAUUSD bulls regained the $2,000 mark

Gold continues its steady march north amid weak USD and the ongoing Sino-American trade conflict On Tuesday, XAUUSD staged a solid rebound and pierced the $2,000 mark amid reviving demand...

Dollar continues to lose its appeal

Any uptick in USD demand could quickly send the EURUSD pair lower The dollar remains under fairly strong selling pressure on Tuesday, hovering around two-year highs versus the euro....

Gold slightly higher after last week’s drop

There are still significant fundamental drivers that could boost gold prices in the short- and medium-term Gold prices extend consolidation on Monday while showing a slight bullish bias after...

USDJPY: Japan’s GDP is a total mess, USD bulls unimpressed

The pair keeps trading in a range; the US Dollar extends its last week’s decline On Friday, USDJPY closed the day in the red zone near the 106.55 area...

Oil prices unchanged for the week, volatility may lie ahead

Traders will focus on the results of the US-China talks as well as on the OPEC+ panel meeting Oil prices have been trading within a tight parallel channel these...

AUDUSD: near lows after Lowe’s speech

The Aussie lost ground in early Asia but then managed to restore some gains The last trading day of the week is rather hot for the AUDUSD pair. Since the...

Bitcoin continues to target the $12,000 barrier

Strong support around $11,000 that could act as a barrier for bears should the selling pressure reemerge Bitcoin price resumed the decline after a short-lived recovery seen on Wednesday....

The greenback is back under selling pressure

Massive auctions in the US and global risk-on weaken the USD On Thursday, markets remain calm as no important headlines are on the table, however, the greenback again lost some...

Gold plummets amid a recovery in the US Treasury yields

The metal lost its traction while the USD raised its head On Wednesday morning, gold witnessed the biggest fall in nearly seven years and plummeted below the $1,900 mark...

The greenback tries to stay afloat after a rally

USD hesitates to continue its march north amid unsolved issues in the Congress and Sino-American tense ties On Tuesday, the greenback is trying to keep afloat amid the impasse on the US political arena and further chill...