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Oil getting the better of Gold again it seems
Gold is just now falling to set fresh session lows, as it approaches $4,040. That further fall comes as Brent crude lifts above $88.50 not so long ago and so once again it looks like the inverse dynamic between the two commodities is having a negative impact on the metal. The further gains in the dollar right now are not helping it either and we repeat what we said earlier today about metal being pushed around by those things which surround it and not on its accord. Gold just fell ti $4,041.12. It is currenrtly trading at $4,044.90
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USD/JPY rebounds from fall close to 155
On Friday evening the USD/JPY lurched lower again in late US trading. The dollar dropped as low as 157.40, which is where it closed out the session...
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Dow Jones turns red as 52k comes in the crosshairs (corrected)
The Dow Jones opened this afternoon at 52,235 and traded as high as 52,477. Well that was some 30 minutes ago and since then, just like the Nasdaq 100... -
Dow Jones turns red as 52k comes int the crosshairs
The Dow Jones opened this afternoon at 52,235 and traded as high as 52,477. Well that was some 30 minutes ago and since then, just like the Nasdaq 100...