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Gold does what it should have done and rises to a new 2025 high
Yesterday afternoon, as Gold fell back towards $2,735 an update here questioned the move and suggested the metal should not be falling. Well, gradually the metal rebounded and then the comments from President Trump helped to cement that rebound. Gold later closed in the US at $2,754.87. That was some way above the earlier session low at $2,735.97. Today it has made further progress, lifting above the high seen on Wednesday (around 2,763) and of course the fall in the USD/JPY this morning has helped Gold to rise, very much as suggested it might in updates yesterday. The high seen so far today has been set at $2,778.28 and that is a new 2025 high for the metal. It also brings Gold closer to the record high seen last year, at $2,790.10. Gold is currently trading at $2,774.30
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Nasdaq 100 extends opening gains closer to the first technical correction level (corrected)
Much earlier today an update here noted the first technical correction level on the Nasdaq 100. To repeat here; it is at 20,325 and represents a 38.2%... -
Nasdaq 100 extends opening gains closer to the first technical correction level
Much earlier today an update here noted the first technical correction level on the Nasdaq 100. To repeat here that, it is at 20,325 and represents a... -
US consumer confidence and Richmond Fed both miss estimates- EUR/USD edges higher
The earlier noted US economic releases (consumer confidence, new home sales and the Richmond Fed index) have just hit the screens. As noted earlier...
