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Gold extends rebound above $2,300 after US data
The impact of that US ISM and JOLTS data has given gold a good excuse to extend an earlier rebound back above $2,300. The drop back in US yields right now is also helping the metal to move higher and this has all rather thrown a spanner in the words for the dollar too. The US currency is not markedly lower yet, but it is struggling to hold the topside position following the reports, that have now pushed the USD/JPY back below 157.50 a moment ago. Gold just lifted to a new session high at $2,309.92. It is currently trading at $2,306.40
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USD/JPY falls towards 144.50 and so new 2025 highs for GBP/USD and EUR/USD
The dollar just got slapped and in truth probably due to comments from the Fed boss, Jerome Powell. So, as expected and warned about a few times today...
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GBP/USD pressing again- can it reach a new 2025 today?
The dollar is losing some more ground right now and that has seen the EUR/USD push back above 1.1610. The GBP/USD is also close to session highs seen...
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US consumer confidence unexpectedly falls in June -Nasdaq 100 slips
Those US data releases have just been released and it has been a mixed set of data. The Richmond Fed index improved to -7, but the nationwide consumer...
