Gold

The German GDP was confirmed to have declined 0.2% in the third quarter, data from Destatis showed on Friday. Flash manufacturing and services PMI were also weaker. The data suggested that there is a likelihood of a further slowdown in…
Read More

The markets were seen trading subdued on Thursday as the U.S. session was closed due to Thanksgiving holiday. The U.S. Dollar was seen trading slightly weaker. On the economic front, data was mostly quiet. The ECB released its monetary…
Read More

Trading was rather subdued on Wednesday. On the economic front, the University of Michigan report showed that sentiment eased to 97.5 in November. This marked a three-month decline. The durable goods orders report showed a 4.4% monthly…
Read More

The markets were seen trading relatively subdued heading into the Thanksgiving holiday in the U.S. Data showed that building permits rose 1.26 million on the month matching estimates while housing starts also rose 1.23 million, matching…
Read More

Gold and Silver have been rising consistently for an entire trading week, ever since the greenback started tumbling.   The bullish sequences appear to be taking forms of impulses; therefore, it can be said that XAU/USD and XAG/USD could…
Read More

The U.S. Dollar extended declines on Monday. Economic data on the day was sparse. The Eurogroup meetings kicked off with focus turning to the Brexit deal. The EU's negotiator for Brexit, Michel Barnier said that the EU ministers were in…
Read More

The U.S. Dollar was trading mixed on Thursday. The UK and the Brexit news dominated most of the headlines. A day after the EU and the UK announced a draft deal, key members of the cabinet from British PM Theresa May resigned. The…
Read More

The U.S. Dollar was seen attempting to regain some of the losses from the day before. The Dollar managed to post gains as data showed that consumer price index rose 0.3% on the month in October. This was the biggest monthly gain since…
Read More

The Euro currency was seen trading weaker with economic data and general sentiment turning negative. The Euro slipped after comments from the ECB's chief economist Peter Praet who struck a dovish tone on monetary policy. Mr. Praet said…
Read More