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Dollar Index (USDX) slips in late morning trade
Since the last update here, the dollar has ceded some ground. The GBP/USD has recovered an earlier low towards 1.2160, seen after the UK sales data and traded back above 1.22 since. The EUR/USD has also managed to press a little higher and rise back above 1.03, where it is just now. The USD/JPY is off its earlier high, at 155.85 and net upshot of all those moves has seen the Dollar index (USDX) slip from earlier highs. More recently the index has fallen back from a 2025 high, at 110.17, to a subsequent low at 108.60. The range seen so far today has been covered by 108.89 to 109.24. The index has slipped from that high, to around 108.98. It is currently trading around 109.05
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The EUR/USD is on the rebound again just now. The gains come after it had earlier fallen to 1.0893. Subsequent to that fall the German Bundestag... -
US stock markets open lower this afternoon- check out the S+P 500 futures
The US stock markets have just reopened and it has been an across the board lower start to the session. The Nasdaq 100 has just kicked off at 19,657...
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Gold rises above technical resistance to set a new record high this afternoon
Since the last update here on Gold, the metal has now tested and taken out the noted trend line resistance level, in place around $3,029 per ounce...
