Gold

USD Surges Into The Weekend Over the European session on Friday, the US dollar enjoyed a strong rally as firmer demand, fuelled by better US data, saw exacerbated USD upside. March retail sales, delivered yesterday, came in well above… Read More

Gold The yellow metal was heavily lower this week. A strong rally in USD saw the precious metal breaking down below key technical support.  The main driver behind the USD rally was the release of Retail sales data for March. This saw… Read More

The greenback maintained gains as economic data from the United States continued to support the view that growth was robust. The monthly retail sales report surprised with an increase of 1.6% on the month, while core retail sales were up… Read More

Safe Haven Flows Boost USD The US dollar enjoyed a strong rally over the European morning on Thursday as risk sentiment dipped, despite a slew of risk-positive headlines this week. USD safe-haven flows were back in fashion today as… Read More

The USD was trading mixed on Wednesday despite positive headlines from China. The first quarter GDP report showed China’s growth rising at a pace of 6.4% beating estimates of 6.3%. Industrial production grew 8.5% on a year over basis.… Read More