US DOLLAR TECHNICAL ANALYSIS - Prices moved higher as expected after producing a bullish Morning Star candlestick pattern. A daily close above the 38.2% Fibonacci expansion at 11888 exposes the 50% level at 11937...
Gold rallied to three-week high on Thursday before slightly declining after fresh data. The charts remain bearish, says Kitco News...
On Thursday the Swiss franc dropped against the dollar and the euro after Swiss National Bank Head Thomas Jordan said the local currency was overvalued and that the bank would continue to intervene in currency markets to weaken it...
Jim Rickards, best-selling author of "Currency Wars" and "The Death of Money", is being interviewed by Kitco News on how China's request to make yuan an IMF reserve currency will affect the prices of gold...
Gold rose on Thursday, boosted by uncertainties over the future of Greece boosted the safe-haven appeal of the precious metal. Meanwhile, time is running quickly for Greece and its creditors to manage to conclude a deal...
On Thursday the euro and the dollar edged lower against the shelter yen, as markets were extremely nervous about the outcome of Greek talks. Later in the session markets awaited data on U.S. consumer spending...
On Wednesday the greenback held steady against its major rivals, after data showed that the U.S. economy contracted less than initially estimated in the first quarter. Wall Street fell on Greek uncertainties...
On Wednesday gold touched three-week lows in early U.S. trade, after data showed that U.S. dross domestic product contracted at an annual rate of 0.2...
On Wednesday the euro trimmed morning gains as more tension grew over the Greek debt talks. Reports said that Greece’s creditors had rejected the latest reform proposal, driving a selloff in Greek bonds and European equities...
On Wednesday crude-oil futures were higher, supported by dipping U.S. inventories and hopes for a Greek bailout deal...
On Wednesday the pound climbed against its U.S. peer, as demand for the greenback weakened ahead of a final report on U.S. first quarter growth, due to be released later in the day. However, yesterday's strong U.S. data buoyed the greenback...
The yen was stronger Wednesday after the release of the Bank of Japan minutes from the May meeting. Meanwhile, Japan's stock market index hit multi-year highs boosted by optimism over Greek resolution...
Gold (XAU/USD) and Silver (XAG/USD) are naturally, two very correlated commodities, and the recent action is no exception. Gold is near a support and a previous broken trendline...
The Long Expansion (Dr. Ed Yardeni) Why IBM Moved To Index Investing (Rebalance IRA) but see Active Managers Are Beating the Market By Taking On More Risk...
On Tuesday gold prices were steadily lower in early U.S. trade, as "outside markets' remain bearish. The U.S. dollar was higher and crude oil prices were lower...
On Tuesday the dollar was higher against its main rivals after Fed Governor Jerome Powell said the U.S. economy could meet the criteria for a rate hike as soon as September...
Sterling was lower against the greenback on Tuesday as uncertainty over Greece and yesterday's better-than-expected data on U.S. existing home sales spurred demand for a shelter...
On Tuesday copper prices surged after touching three-month low during the previous session, as stronger-than-expected data on euro zone manufacturing activity boosted hopes for stronger demand in the metal. Gold also inched up, though hovering near multi-week lows on Greek concerns...
On Tuesday the euro was broadly lower as euro group finance ministers failed to reach an agreement over Greece's bailout package, while the dollar was buoyed after positive housing data...
