Ready to Get Started?
Start here. Join over 3M Libertex users around the world!
The latest Philadelphia Fed index has just been released and it was some way better than forecast (13.9 versus expected 2.9) but at the same time, the latest weekly jobless claims numbers were not so good. They rose to 243k, where 230k was forecast and it seems that has dented the dollar. There is more US data at 2pm GMT (Richmond Fed index) which might have a more positive impact, if above forecasts, but for now the claims numbers have pushed the USD/JPY back down from an earlier rebound to above 156.50. The USD/JPY is just now trading at 156.27
The US stock markets have just reopened and it has been an across the board lower start to the session. The Nasdaq 100 has just kicked off at 19,657...
Since the last update here on Gold, the metal has now tested and taken out the noted trend line resistance level, in place around $3,029 per ounce...
Start here. Join over 3M Libertex users around the world!