Market Week Ahead: Gold Tests $2k, GBP/USD, EUR/USD Pop, USD Sags
A holiday shortened week saw the US dollar slide, prompting a small rally in gold, while Sterling flexed its muscles after a robust PMI release.
A holiday shortened week saw the US dollar slide, prompting a small rally in gold, while Sterling flexed its muscles after a robust PMI release.
US Business activity remained steady in November but employment in the private sector declined for the first time in almost three-and-a-half years. A sign of things to come?
Gold is shrugging off market lethargy and is looking to test the recent high ahead of the weekend
USD/JPY price action was contained despite a massive month on month rise in inflation for October. Downside risks mount as the BoJ builds its case for policy normalisation
Outlook on FTSE 100, DAX 40 and Nasdaq 100 amid low volume Thanksgiving holiday trading.
EUR prices pulled back slightly as German GDP breached negative territory on the quarterly statistic. Ifo business climate and ECB speak in focus later today.
Breaking down USD pairs for potential setups heading into the weekend. Will we get a return of liquidity and an explosive end to the week?
Bitcoin holds the high ground in what was a quiet day. Crypto enthusiasts appear to have shrugged off the Binance saga and record breaking fine as lack of liquidity is evident.
Gold trades within a narrow daily range on Thanksgiving as US traders step away from their screens. Will the temporary ceasefire lead the metal lower?
USD/JPY has retreated as investors continue to price-in an end to US rate hikes, and maybe cuts next year