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Gold holds positive momentum into the European close ahead of the weekend
Earlier today gold came close to rising above $2,620. In the event it stalled at record high of $2,619.39 and then backed off towards the $2,600 handle again. However, as the day has progressed and the news emerging from the Middle East remains negative and the geopolitical risks are very much heightened right now, that has attracted further flow into gold as a haven. So, as per earlier, the Yen/Gold correlation has remained as blown out as it was much earlier today. Gold is pushing towards that earlier record high just now, currently $2,615.75
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Dollar pushes higher into the 4pm London Fix- EUR/USD sets fresh session low
The dollar is making further headway now this afternoon. The EUR/USD has just now hit a fresh session low at 1.0967 and the USD/JPY has just lifted to...
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Early rotation favours tech as Nasdaq 100 outperforms
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Brent crude continues to back away today
Since the last update here earlier this morning there has been no further traction for the Oil markets. In fact the price of Brent crude for December...
