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Gold lifts above $2,412 but it could have done better?
The first attempt to reclaim levels above $2,412 yesterday failed, as covered in an update here after the price topped out at $2,412.05. Gold later closed in the US at $2,409.64. The slide in the USD/JPY today helped to propel Gold above $2,412 and that upside break did deliver a rise to $2,418.54 so far. However, given the extent of the Yen gains perhaps Gold could have done better? Well, that sure looks like the case here, but it may not be finished with this rebound. We shall have to see on that as the day unfolds. Gold is currently trading at $2,418.27
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Nasdaq 100 extends opening gains closer to the first technical correction level (corrected)
Much earlier today an update here noted the first technical correction level on the Nasdaq 100. To repeat here; it is at 20,325 and represents a 38.2%... -
Nasdaq 100 extends opening gains closer to the first technical correction level
Much earlier today an update here noted the first technical correction level on the Nasdaq 100. To repeat here that, it is at 20,325 and represents a... -
US consumer confidence and Richmond Fed both miss estimates- EUR/USD edges higher
The earlier noted US economic releases (consumer confidence, new home sales and the Richmond Fed index) have just hit the screens. As noted earlier...
