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Gold on the rise so far today
Gold pushed higher yesterday and the degree of cross market uncertainty out there right now surely helped to attract fresh flow back to the metal. So, had there been an official US close last night it would have been set at $2,667.25. This morning Gold is lifting ever closer towards a new 2025 high above $2,680. Meantime, the noted moving average convergence in the 50 and 100 day is still playing out and for the time being it seems the topside is winning out. That might change later today, after the release of the US jobs report. The range seen so far today has been covered by $2,666.96 to $2,678.55. Gold is right now at $2,677.90
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Nasdaq 100 drops off best levels
The Nasdaq 100 closed last night at 21,900. It reopened this afternoon at 21,915 and rose swiftly, so set a new 2025 high, at 21,945. It has now... -
Will the DAX post a negative outside day reversal today?
The DAX is just now falling back underneath 21,400. The index set a new all time high earlier today, at 21,520. It had closed yesterday at 21,411 and... -
Mixed US PMI data sends dollar lower- EUR/USD lifts towards 1.05 again
The US flash PMI data has just been released and it was a mixed bag. Manufacturing beat estimates, rising from 49.4 to 50.1. However, services fell...
