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Gold lifts to fresh session highs as USD/JPY gives back gains
The USD/JPY almost met the 145.01 flip move objective I highlighted here earlier today. The high seen was set at 144.96. So, as suspected there were sellers up around 145 and certainly just ahead of the level. It has now fallen back back to around 144.15 since and that reversal has allowed Gold to make a move. The metal has now lifted outside of its earlier session range. The price has now risen to a fresh session high at 2,032. 68. a short while ago. It is currently trading at 2,031.55
Market News
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Nasdaq 100 slides below 18,500
Well, so much for the higher opening for the Nasdaq 100 earlier this afternoon. The push back above 18,900 looks some way off now, as the index... -
Now risk aversion takes hold of the USD/JPY as US yields fall back again
Well, you were warned about the price action likely to be seen in the USD/JPY this afternoon and it sure is volatile and since the last update noted... -
US stocks slide further into the red- S+P 500 falls below 5,450
As just mentioned in the previous update, the US stock markets have turned sharply lower since opening this afternoon. Hence we now have a fresh...
