US services ISM index better but JOLTS worse-USD/JPY drops back
The November ISM service sector index has just been released. This was expected to rise slightly, from 51.8 to 52. It has actually risen to 52.7, but...
Another important number for the EUR/USD to focus on at 3pm GMT
Leaving aside the latest ISM data due out shortly, there is also another important release due out at the same time. That is the latest JOLTS, job...
US stocks open lower- Dow Jones drops back closer 36k
The US stock markets have just reopened and it has been a negative start to the session. That might change as the afternoon unfolds and as already...
Gold had rebounded to as high as $1,920.60 so far today. That means it has not yet managed to trade back above its 200 day moving average, below which it closed again last night. That 200 day moving average was noted here earlier today and remains in place at $1,921.98. The price action over the past few hours had seen gold range between that noted high and a low point at 1,916.10. Well, now it has spiked to exactly $1,923 in a move that was quite sudden and seemed be sparked from a kick lower in the USD/JPY. Gold has just backed off from that high and currently trading at 1,922.10