Gold

The US dollar was seen closing red on Friday, but the declines were modest. The payrolls report for August was mixed. While the US economy failed to meet the median estimates on payrolls, the wage growth was prominent. The US economy added…
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Equity markets rallied modestly on Thursday following reports that China and the United States will resume trade talks. The fresh round of talks is slated for October after China's vice premier, Liu He and US officials spoke over the phone.…
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An array of positive political developments yesterday and overnight have sparked some risk-on flows that seem to be carried over to today's session. All FX majors, including EURUSD, GBPUSD, AUDUSD, NZDUSD, and USDCAD have been affected by…
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Both gold and silver are continuing to soar this week. Today's losses are owed partially to profit-taking, and partially to headlines that the US and China are going to meet for further talks in October. Safe-haven demand for precious…
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Markets were seen rallying modestly after days of uncertainty. The US dollar extended declines for a second consecutive day. The trade gap narrowed in July on the back of weakness in the manufacturing sector. The data underlined the slowing…
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Dollar Flows A Key Market Driver Yesterday's Manufacturing PMI figures seem to have an enduring influence on today's session, at least up to now. The decline to 3-year contractionary lows rejuvenated investors' fears of an emerging…
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The US dollar rose to post a fresh two-year high at 99.32 before pulling back. The declines came after the ISM manufacturing PMI contracted for the first time in three years. The manufacturing activity index fell to 49.1 in August from…
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Dollar Marginally Higher On Upbeat Data Flow Last Friday's upbeat personal spending figures helped the US dollar rise to fresh highs, a narrative followed into Monday's slow session and also into Tuesday's London session. Should positive…
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The US dollar was seen posting strong gains amid a rather quiet day. The US markets were closed in observance of Labor Day holiday. However, investors were cautious as the US tariffs came into effect on Monday. China was seen taking a…
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The US dollar rose to a two year high on Friday. Month-end flows alongside some positive economic data from the US added to the optimism. The US personal consumption expenditure saw a 0.6% increase in July. The data underscored the…
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