Gold reached $1,800, hitting the highest level since November 2011, surpassing a previous high of $ 1797, and it is now functioning as support. Investors are looking for levels of 1,810 then 1,825, 2011 peaks at under the spotlight at 1,921 and 2000. Gold is ready to post more bullish …

British Pound higher against USD just above 1.2550, 0.08% on a day, the highest level since June 17, the cable (GBP/USD) was drawing a bullish picture on 4-hours chart with a bullish momentum. The cable broke above a downtrend support line that capped it since late June. Resistance awaits at …

USD keep its gains on Wednesday as headlines of an increase in Covid-19 cases in US and lockdown measures in some countries provided the demand for the greenback. Federal Reserve officials have expressed fears that economic growth will be affected by the continued rise of Covid-19 cases in the country …

Markets are looking for a new direction after stocks tumbled and the dollar appreciated on Tuesday. Concerns about Covid-19 cases in the US and geopolitical tensions remain dominant. After the number of cases declined on Monday, the cases of Covid-19 increased again in the United States on Tuesday. New cases …

FX option expiries for July 8 NY cut at 10:00 Eastern Time, via DTCC, can be found below. – EUR/USD: EUR amounts 1.1250 551m1.1300 1.9bn – USD/JPY: USD amounts          107.45 352m107.50 1.9bn107.55 915m108.00 525m108.40 550m108.50 400m – AUD/USD: AUD amounts 0.6975 513m  – NZD/USD: NZD amounts 0.6525 264m

The US dollar index, DXY, which measures the strength of the greenback versus a basket of currencies, lost the upward trend and slid back to 97.00 levels after Wall Street’s opening bell. The US dollar index maintained gains in the 96.80 region, which is the positive zone, advanced for the …

German Minister of Economy Peter Altmaier said during press statements that he expects that his country’s economy is recovering from the repercussions of Covid-19 in October. Altmaier added that the economy will shrink by 6% in 2020 and then return to growth by more than 5% in the following year. …

Markets stabilized and the US dollar attempted a recovery after risk-on sentiment on Monday, buoyed by rising Chinese stocks and easing Coronavirus concerns in the United States. Gold managed to rise despite the risk appetite, solid above 1780, and may be ready for a leg higher throughout the day. Sunday’s …

West Texas Intermediate crude oil (WTI) futures bounced but facing a difficult time extending this bounce above 40 as risk aversion trades continue in the European session. Traders are waiting for any clues for sentiment with Coronavirus update in US as well as crude oil inventory data from the American …

Gold prices fell during trading on Tuesday, with the rise of the US dollar and amid anticipation of economic data. The prices of the yellow metal are currently trading at levels of $ 1776.98 an ounce, down by 0.43%, while the metal futures, August delivery, fell to $ 1787 an …