Ready to Get Started?
Start here. Join over 3M Libertex users around the world!
Gold throws in the towel as USD/JPY approaches 149
Until a few moments ago Gold was holding its own pretty well, even as the USD/JPY extended a move higher above 148.80. However, in the past couple of minutes, the metal has just capitulated to that dollar strength. The move through 1,920 per ounce was pretty rapid too. The low seen so far has been set at 1,915.22 and the price actions smacks of stops being tripped through 1,920. It is under pressure again ands given the gains in the dollar right now, one cannot rule out a move to below the previous interim low set last week, at 1,913.97. Gold is currently trading at 1,916.80
Market News
All News-
US JOLTS and Consumer confidence slide- EUR/USD hits fresh European session highs
The US JOLTS- Job openings report and latest Nationwide US consumer confidence index have now been released. As noted earlier, the markets were...
-
Gold holds $3,300 at the first time of asking and rebounds
A little earlier this afternoon gold fell back to set a fresh session low at $3,300.64. That low came after the metal had peaked much earlier today at...
-
Nasdaq 100 opens lower following Amazon move
Following on from the previous update looking at the fall back in the USD/JPY, the US stock markets have now reopened for live trade and it has been a...
