Gold

The US dollar index was seen posting gains on Thursday. This came despite import prices falling 0.3% on the month while the weekly unemployment claims rose higher than forecast. Investors look to the monthly retail sales report due later in… Read More

The markets were seen trading mixed on Tuesday as equities paused in their rally and gold managed to post some modest gains on the day. With the producer prices index coming out lower than expected, focus turns to today’s inflation report.… Read More

The US dollar was seen trading mixed, although the dollar index was seen trading weaker. Lack of economic data and fresh news on the trade narrative kept prices mostly subdued on the day. Investors weigh in on the prospects of a Fed rate… Read More

The US dollar index fell sharply on Friday extending the declines from earlier in the week. The declines came as the payrolls report for May saw the US economy adding the lowest number of jobs for the second consecutive month. The US… Read More

Gold The yellow metal exploded higher this week, trading up to just shy of testing the 2019 highs, as a bout of USD weakness kept prices well bid. The move began earlier in the week in response to a severe US data miss. The ISM… Read More

The U.S. dollar was seen trading steady despite posting losses on Thursday. News about a possible delay to tariffs on Mexico helped to boost investor sentiment modestly. On the economic front, the U.S. trade deficit rose to $50.8 billion in… Read More

The US dollar was seen posting some modest gains on Thursday. Economic data on the day saw the ISM’s non-manufacturing PMI coming out slightly better than expected at 56.9. The data beat estimates of 55.9. But the ADP’s private payrolls… Read More

The US dollar continued to decline on Tuesday. Fed Chair, Jerome Powell was speaking at an event. He said that the Fed was closely monitoring the escalation in trade tensions and could respond by cutting rates if the economy deteriorates.… Read More

The USD closed the month of May with some modest gains, settling at 97.66 by Friday’s close. This marks a fourth month of consecutive gains in price. On a weekly basis, the greenback extended strong losses. The declines came as investor… Read More