Gold

Daily Forex Market Preview, 10/10/2018 Economic data on the day showed that Japan's economy watchers sentiment rose to 48.3. This beat estimates of 47.3 but was weaker than the previous month's 48.7. The German trade balance data showed… Read More

Daily Forex Market Preview, 09/10/2018 With the U.S. and Canadian markets closed, trading was relatively subdued. Still, the U.S. Dollar managed to maintain a steady pace of gains on Monday. On the economic front, China's Caixin… Read More

Some analysts have been recently speculating that gold might have hit a medium-term bottom (or, at least, near to it), and projected to increase over the next several quarters. Let's have a look at some of the reasons that have been given.… Read More

Daily Forex Market Preview, 08/10/2018 Australia released its retail sales report. Data showed that retail sales increased 0.3% on the month, matching estimates. In Japan, the household spending report showed a 2.8% increase on the year.… Read More

Gold The yellow metal was able to post a minor recovery this week, fuelled by a rise in safe haven demand seen in response to equity market weakness. The US Dollar fell lower this week, despite supportive commentary from Fed officials… Read More

Daily Forex Market Preview, 05/10/2018 The U.S. Dollar was seen giving up some of the gains on Thursday. Price action retreated after a strong rally during the previous days. Economic data on the day was mostly limited. Australia’s trade… Read More

Daily Forex Market Preview, 04/10/2018 The U.S. Dollar was seen maintaining the gains on Wednesday. The USD Index was seen rallying to a fresh one month high on an intraday basis. Economic data on the day showed that the Eurozone's final… Read More

Daily Forex Market Preview, 03/10/2018 The U.S. Dollar was seen rising to intraday highs before easing back by the end of the day. Economic data on the day showed that the RBA held its monetary policy meeting. Interest rates were unchanged… Read More

EURUSD Non-Commercials increased their net long positions in the Euro last week buying a further 3k contracts to take the total position to 4k contracts. EUR has now been net bought for three of the last four weeks though upside… Read More