Online Forex broker
On Wednesday, gold eased in Asia ahead of minutes from the major US bank due later in the day. The highly anticipated report is believed to demonstrate a mostly hawkish stance on the necessity for a December rate lift and into next year.
December delivery gold futures tumbled 0.27% trading at $1,290.1 a troy ounce.
Overnight, gold rallied for the second day in a row underpinned by ongoing dollar weakness. Additionally, everlasting political tensions between America and North Korea raised market sentiment.
Gold’s quite bullish start to the trading week kept unrolling because safe-haven demand was still elevated amid everlasting geopolitical uncertainty on the Korean Peninsula. Meanwhile, dollar weakness backed an uptick in demand for the number one precious commodity.
Gains in the yellow precious metal were capped after the Catalan government Carles Puigdemont told he was eager to postpone any formal declaration of independence, thus relieving geopolitical uncertainty in the region.
On Monday, gold ascended, recovering some losses having faced its largest weekly sag for more than year because market participants awaited references from the Fed later this week…
Gold has already lost out in a paradigm shift exactly where the number one precious commodity is no longer considered to be a traditional refuge when traders are in a risk-off mood…
On Monday, gold headed south because Turkey’s economic turmoil left financial markets puzzled…
In February, Japan's exports probably ascended at the fastest pace for two years due to a softer yen as well as improving global demand, as a Reuters survey showed on Friday…
On Monday, stocks in Asia declined with markets in Japan unavailable for a holiday and traders watching oilfield-related stocks after a bankruptcy filing by Singapore's Ezra Holdings…
On Friday, the evergreen buck added against the Japanese yen and euro, drifting away from recent minimums, though revenues were capped as traders focused on a showdown between Donald Trump and members of his own party as for a fresh healthcare bill…
Your request is accepted.
A manager will call you shortly.
Internal error. Please try again later
We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.
|
