US Treasury yields jumped overnight with the interest-rate sensitive 2-year printing a fresh 23-month high of 1.05%, while the benchmark 10-yearhit 1.83%, a level last seen in January 2020. Market expectations that the Federal Reserve will hike rates four times this year, by 25bps each time, and that the central …
Read More »
Gold prices fell marginally during trading today, Tuesday, amid the rise in the yield on US 10-year Treasury bonds to the highest level in two years, and with the follow-up to developments in monetary policy. Investors’ eyes are still heading towards the Federal Reserve’s monetary policy meeting, scheduled for the …
Read More »
The yellow metal started the current session’s trading with a bearish tendency after difficulty surpassing the upside and settling above the strong resistance level located at 1826 price, which forced it to move negatively and stable around its lowest level during the early trading of the current session 1816. Today’s …
Read More »
Director of Research and Development at Noor Capital and member of the US Association of Professional Technical Analysts, Mohamed Hashad, was interviewed Monday morning by Dubai Channel to comment on the most outstanding developments in the financial markets during the second week of 2022, as oil continued to reap gains …
Read More »
Sometimes, rumours take part in shaping the market’s overall mood even partially, though such rumours have no relation to reality. Something of this kind seems to have happened last week. The EUR/USD pair has been in a sideways trend since November, fluctuating in the range of 1.1220 – 1.1385. …
Read More »
Gold retreats for the second straight day as worse than expected US economic data dominated news headlines; US retail sales dropped the most in 10-months and the US 10-year T-bond yield hits 1.771%, weighing on the non-yielding metal.The precious metal slips for the second-consecutive day amid dismal US economic data …
Read More »
The technical outlook remains unchanged, to find that the prices of the yellow metal are trading positively, maintaining the gains that were achieved during this week’s trading, reaching the highest of 1828. Technically, and by looking at the 4-hour chart, we notice the price’s intraday stability above the support level …
Read More »
The market has stabilized, with the US dollar consolidating losses on Thursday. Risk appetite retreated, preventing the dollar index from falling further. Intraday gains of the American currency helped correct oversold conditions reached one day following Wednesday’s selloff.The Federal Reserve’s hawkish language was much assessed and digested in ahead of …
Read More »
Gold futures edged lower on Thursday, with prices on track to post their first loss in five sessions, after a rise in the US producer price index reading for December came in below market expectations.It could be argued that the bullish case for gold is its reputation as an inflation …
Read More »
The yellow metal prices consolidated its gains at the expense of the US dollar’s decline, heading to touch the target price station during the last analysis at 1828, recording its highest level at 1828. Technically, and by looking at the 4-hour chart, we notice the price’s intraday stability above the …
Read More »
Noor Trends News, Technical Analysis, Educational Tools and Recommendations
