Browsing: Technical
Tariff Policy Reversal Boosts Industrial Demand Outlook A major development this week was a U.S. trade court ruling that blocked…
The 10-year U.S. Treasury yield rose 4.5 basis points to 4.493%, while the Dollar Index (DXY) advanced 0.33% to 99.89,…
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“Gold’s recent rebound reflects temporary relief,” said a senior commodities analyst at a leading bank. “However, with the dollar gaining…
“Gold is caught in a tug-of-war between a weaker dollar, potential Fed easing, and geopolitical risks,” said Kelvin Wong, senior…
EURUSD technicalsAs the European traders look to exit for the day, technically today, the EURUSD rallied modestly on the day,…
Gold – Chart Gold is trading at $3,328 after bouncing off trendline support near $3,310, maintaining its upward trajectory within…
Benchmark 10-year Treasury yields surged above 4.5%, weighing on gold, which offers no yield. Since peaking above $3,500 in April,…
This shift has lowered demand for traditional safe-haven assets like gold, which had surged amid global trade frictions earlier in…
Fed Rate-Cut Hopes Pushed Back After Jobs Surprise April’s nonfarm payrolls report was the key driver of Friday’s price action.…
