The coronavirus has changed everything. When analysts gave forecasts for 2020 at the end of last year, no one could foresee that the whole world would be seized by the pandemic.
Tag - gold
Oil and gold are rising, the currency market is mixed - watch the new weekly outlook to see what's moving!
The week started with a poor data from Japan. Stocks rally, WTI oil price is above $30, gold is headed to 1800.
The shining metal breaks above $1,760. How soon the 2012 heights may be beaten?
The week is ending quiet, but pretty heavy. The gold price stabilizes at a higher plateau.
What is moving the session
Investors are weighing in the potential of the second wave of the virus hit, the movement across the Forex market is relatively cautious.
The market is submerged into an overall risk-off mood, with the AUD getting strong on recovering China and the GBP boosted by the BOE announcements, while the USD and the EUR are weak.
On one hand, the gold intraday range is broad, on the other hand, its week range is narrow. What’s the reason?
The risk sentiment remains positive, but for how long?
This week the meetings of the Federal Reserve and the European Central Bank will be in the center of market's attention.
A little progress has been made during today's UK-EU Brexit talks…