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Since an earlier update here Gold has now managed to vault the $2,500 handle. The move higher has been gradual and comes as stocks turn down in recent trading. The metal has also seemingly gotten a boost from a slight relapse in the USD/JPY. That has now fallen back from an earlier high at 143.80. It is just now dropping to below 143.25. That has clearly helped Gold higher and a short while ago it reached a new session high at $2,504.16 The metal is just now trading at $2,503.75
The Pound performed pretty well yesterday and continued to press higher from an earlier session low at 1.3203, seen just as the European markets...
Yesterday afternoon the dollar hit session lows leading into the final 4pm London fix of the week and that saw the USD/JPY fall back to 141.90. One...
Pretty much all this week BTC has just not been at the races, indeed that was an observation made the week before and it was the same then too. So...
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