GOLD: dropping to $1,670
Last week, gold prices reached almost $1,750. What happened now?
Tag - gold
April 20: strong dollar, WTI at 21-year low!
USD rules the market this Monday, with AUD and NZD getting their gains as well, gold plunging, and WTI dropping to 21-year lows at $14.80!
April 17: pacified moods in Forex market
Currencies don't show any big activity on the US President's announcements, WTI gets lower than $19, gold at $1,700.
April 16: The USD is strengthening, but how long will this last?
Find out the market performance for today
EUR/USD is under pressure on April 15
Donald Trump is edging towards opening the economy, Australian consumer confidence dropped to 30-year lows and traders await news from the Bank of Canada…
April 14: weak USD, confident GBP, sad WTI, happy Gold
This Tuesday gives an interesting Forex market layout with a weak USD, strong GBP, disappointed oil, and skyrocketing gold price.
Gold is near 1,700. What’s next?
Gold has almost returned to its March high after the recent huge pullback.
April 13: Gold is at multiyear highs
Get ready for the Easter Monday trades!
April 10: oil is very disappointed!
OPEC+ is almost done with the big output cut, but the oil price doesn't like it enough.
April 8: USD moderately up
Middle of the week, no big news, USD slightly up, GBP prone to weakness as the British PM still in ICU
April 7: USD sliding down despite hopes for crisis exit
The virus situation keeps improving slowly but steadily; nevertheless, investors are still concerned with the larger scope of economic consequences: USD slides down, JPY weak, gold rises.
Weekly Market Outlook: April 6-10
The coronavirus, the shocking levels of the key economic indicators and the OPEC+ meeting are at the center of this report.
