The so-called “stock market bloodbath” has continued on Friday with major indices falling down to the lows of the last October. What's going on?
Tag - gold
Market players are probably taking profit in gold to offset losses in other markets, so they are closing the previous buy positions in XAU/USD.
The Japanese yen is back in the Forex market reconquest on investors' flight to safety. Observers are almost certain the US financial authorities will lower the main interest rate - hence, the USD is dragged down. What else does Friday bring?
The US Dollar steps back on ease expectations to fight off the Coronavirus damage. See where the USD goes against the EUR, GBP, CNH, JPY, and NZD!
Let’s consider the best and the worst-performing assets as Monday’s session kicks in.
There is almost only one big event on the stage of Forex - Coronavirus. How will currencies and commodities respond?
Currently, the precious metal trades in the zone of 7-year highs. How far away is the all-time high?
Coronavirus pushse gold and currencies to where they have not been for years. What next?
Markets are mixed, prevailing mood is flight to safety. How do currencies respond?
Coronavirus keeps disturbing China, and the world. Consequently, gold keeps rising. Reaching $1,600 is "if" or "when"?
China reported it is ready to cut the trade-war tariffs imposed on some goods imported from the US by 50%. Let's check whether market sentiment improved.
Trade Balance data will affect the USD and the CAD. Check levels for USD/CAD, USD/JPY, EUR/USD, and XAU/USD.