Further to the previous update, in part noting that Gold had risen to a new high on the week, here is some more detail on that move. Gold has done something that it could not do yesterday and lifted to test and actually just surpass its 100 day moving average. That is in place today at 1,944.70. Gold has traded to as high as 1,945.86 just a short while ago. The move higher in the metal comes as the USD/JPY continues to drift lower along with US yields. This is also the highest level for gold since September 4. It is just now trading at 1,945.55
DAX has a look above 16,500 and takes one step closer to a new record
Following on from a series of updates this week and last, the DAX has taken one step close to a new record high this afternoon. The DAX has lifted...
Dow Jones and Nasdaq flips positions as yields fall and tech rebounds
Ever since the opening for the US stock markets today we have seen a reversal in the divergence between the Nasdaq 100 and the Dow Jones, That is to...
GBP/USD takes out double bottom at 1.2604 but rebounds on JOLTS data
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