Editor’s Note: With so much market volatility, keep up with the daily news! In just a few minutes, get caught up in our quick recap of today’s top news and expert insights. Sign up here! (Kitco News) – Gold prices are down slightly in early US trade Wednesday after a US inflation … Read more
Welcome to Forex Friday, a weekly report in which we discuss select currency topics primarily from a macro perspective, but also throw in a dash of technical analysis here and there. In this week’s issue, we discuss the repricing of future rate hikes and the potential for peak inflation, and how all of this … Read more
Gold futures traded above $1800 twice this week, on Tuesday and today. But today’s break above $1800 is different as gold closed above this key psychological price point. Today’s solid gains were based on two major fundamental concerns, these fears were both foreign and domestic in origin. Domestic recession fears On July … Read more
Editor’s Note: With so much market volatility, keep up with the daily news! In just a few minutes, get caught up in our quick recap of today’s top news and expert insights. Sign up here! (Kitco News) – The gold market is again testing significant resistance at $1,800 an ounce as renewed geopolitical … Read more
After Tuesday’s strong recovery in the US dollar – particularly against the yen – and bond yields, investors will be watching markets closely to see if there is a continuation of this move. This puts gold in sharp focus, especially after pulling out of a key technical area. But was it just an outlier … Read more
After Tuesday’s strong recovery in the US dollar – particularly against the yen – and bond yields, investors will be watching markets closely to see if there is a continuation of this move. This puts gold in sharp focus, especially after pulling out of a key technical area. But was it just an outlier … Read more
After Tuesday’s strong recovery in the US dollar – particularly against the yen – and bond yields, investors will be watching markets closely to see if there is a continuation of this move. This puts gold in sharp focus, especially after pulling out of a key technical area. But was it just an outlier … Read more
Welcome to Forex Friday, a weekly report in which we discuss selected currency topics primarily from a macro perspective, but also throw in a dash of technical analysis here and there. In this week’s edition, we discuss (1) the latest euro-zone data and how it is affecting the EUR/USD; (2) the decline in bond … Read more
FOMC day is finally coming and we are seeing slight dollar selling ahead of it, adding to the attractiveness of precious metals, the yen and the franc. Understandably, however, investors are reluctant to take bold positions ahead of the Fed’s announcement. Despite another likely 75 basis point hike by the Fed, will gold and … Read more