Gold hits new highs, approaching the $1,810 level

2020-07-17

  Widespread Dollar weakness helped Gold regain positive traction on Friday. A further decline in US bond yields continued to support this positive development. The bulls appeared to be relatively unaffected by the positive mood in global equity markets. Gold continued to gain ground during the mid-European session and wasRead More →

EUR/USD rises to session highs above 1.1350

2020-07-13

  The EUR/USD gains further traction and climbs to 1.1350/55. The dollar loses its grip after opening in Wall St. on Monday. The risk sentiment remains firm at the beginning of the week. The optimistic rating in the risk complex is now putting pressure on those in charge and isRead More →

Gold under pressure for a second straight session

2019-08-29

Gold prices headed lower for a second straight session Thursday, pulling back from the more-than-six year highs seen earlier this week, as China calmed some fears over trade tensions, prompting gains in the stock market and dulling haven demand for the yellow metal. Geopolitical worries were soothed after a spokesmanRead More →