The gold price is now at the crossroad. Will it revert and fall back into the downtrend or aim at the all-time highs?
Tag - usd
Last week the markets were shaken by the US inflation figures…
While most of the Forex market is relatively quiet, gold has finally made a breakthrough that may result to be an epic change of a long-term trend: we're discussing the technical view on that in detail.
The US Fed will share the Meeting Minutes on May 19, at 21:00 GMT+3.
Oil is edging higher due to the overall risk-on sentiment and a weaker US dollar. Jump in to get the tech tips!
Coinbase dropped by 6.5% in pre-hours trading today, after reporting that revenue and earnings came out slightly worse than expected. Gold is moving up to $1840. EUR/USD is attacking local highs.
What's moving markets on Friday? Read in the fresh report!
The USA will post Retail Sales and Core Retail Sales on May 14, at 15:30 MT time.
US inflation rose to a 13-year high making the USD rise…
The main focus of traders will be on US inflation at 15:30 GMT+3. Analysts expect the huge spike of the US inflation.
The global economic recovery led to higher inflation which in turn is believed to cause the recent plunge in the US and Asian stock markets.
The United States will release the weekly Initial Jobless Claims on May 13, at 15:30 MT time