The U.S. Dollar rallied against the majority of its trading peers despite a lack of U.S. economic data, as investors await the Federal Reserve Chairman Ben Bernanke’s testimony on the ...
USD enjoyed gains yesterday after 2 Fed officials, James Bullard and William Dudley, lent support to current QE purchase program, with Bullard saying that the Fed should continue its current program, ...
Yesterday’s weakness in USD provided relief for commodities across the board which have been battered by the sudden resurgence of USD in 2013. Gold was a happy recipient of the relief, pushing ...
The U.S. Dollar weakened against most of the majors, including the Yen, after Japan’s Economy Minister, Akira Amari, stated that further declines in the currency could have a negative impact on ...
Gold continue to slide lower on this week open, heading closer towards the previous swing low back in April. Prices have been heavily depressed recently due to a myriad of technical (Channel rejection...
The selling continues. Gold is now heading towards yet another bearish break as price has now cleared the closing levels of the week of April 17th. With the level broken, the next support gold can ...
The bearish pennant described yesterday has broken following today’s selling, which extended this week’s loss. However, the key takeaway from today’s action is not so much the ...
The U.S. Dollar strengthened against the majority of its trading counterparts as more positive data continued to flood in, and as China disappointed investors with lackluster economic reports ...
Gold prices continued to trade lower following last week’s bearish rejection confirmation. However despite the sell off on Monday Asian hours, price has pulled back significantly, with the ...
The U.S. Dollar strengthened against the majority of its trading counterparts as more positive data continued to flood in, and as China disappointed investors with lackluster economic reports ...
