XAU / USD holds bullish territory over the longer term, but temporary strength in the greenback has triggered short-term speculative gold positions. The Jackson Hole has a lower confirmed for longer holding at the Fed, gold to benefit from lower yields. Gold markets had seen volatile price actions leading up …
Read More »In bearish consolidation phase around 1.1850 ahead of ECB minutes
Bears of EUR / USD take a kiss after Wednesday’s sale. Dollar holds profit after post-FOMC minutes. US Jobless Claims and ECB minutes in focus. EUR / USD pair sees its adverse consolidation phase expanding to 1.1850 in Europe as the bears take a break after Wednesday’s more than 100-pips …
Read More »EUR / USD will fall like a stone as the bearish FOMC minutes are digested
EUR / USD is under pressure as the greenback continues its correction to FOMC minutes. The FOMC is clearly concerned about the trajectory of the US economic recovery, weighing on risk sentiment and the stock market. EUR / USD has nailed the downside to the minutes of the Federal Open …
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