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Gold lifts towards $2,500 again after US JOLTS data misses forecasts
Following on from the previous update noting the fall in US job vacancies, the dollar has fallen everywhere as US yields slip. That has played nicely into the hands of Gold, which has been helped by a jump higher in the Yen at the same time. Now earlier today Gold took a hit which sent it close to $2,470 once it busted below its 21 day moving average, but it had long since recovered that fall and this JOLTS news has helped gold to push close to the $2,500 handle once more. However, so far it has once again rejected a move back above that level for the time being. The high set a moment ago was around 2,499,50. Gold is currently trading at $2,493.30
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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...
