Ready to Get Started?
Start here. Join over 3M Libertex users around the world!
No rebound yet for gold
Yesterday Gold tried to reclaim the $1,830 level and failed and then those JOLTS numbers hit the screens and the metal immediately fell below 1,820 and looked like it might set a new low on the day, underneath 1,815. Well, of course that did not happen because of the slide in the USD/JPY. That allowed gold to rebound again, but given the size of the USD/JPY fall, gold did not make as much ground as it should have. I would imagine that many wholesale players were disappointed by that, if they were on the buy side. So, Gold later closed in the US at 1,823.02, as the USD/JPY steadied above 149. The price is slipping again right now though, as the USD/JPY edges a little higher. Gold has just now hit a session low underneath 1,820 again following an earlier session high at 1,825.10
Market News
All News-
Nasdaq 100 sets a new record ahead of Netflix results this evening
It has been a positive session so far for all the US equity markets this afternoon and all three major indexes are in the green leading into the 4pm...
-
S+P 500 edges slightly higher in early trading
The US stock markets have just reopened. Ahead of this all three major index futures were clearly buoyed by the US data releases this afternoon...
-
Surprisingly the EUR/USD rebounds from fresh interim low at 1.1557
As noted not long ago, the immediate reaction in the EUR/USD to the much better than expected US data releases this afternoon saw it fall below the...
