XAU Supported, Defends Key Technical Levels
Gold comes from its worst week of the year, but finds some support during the current one, as markets are edgy, monitoring various risk factors
Page 94 of 125
Gold comes from its worst week of the year, but finds some support during the current one, as markets are edgy, monitoring various risk factors
The pair made a solid start to the day, but erases its gains, despite another jump in UK’s Consumer price Index (CPI)
Read the daily market update as the European session is about to get underway, to get some of the latest developments, main market moves and upcoming events
In today's "Morning Market Review," we examine the indecision prevalent in the market. Gold has an uncertain candlestick, as do the risk markets. The prospect of stagflation still threatens as oil prices climb. Moreover, a worry persists that the Fed will hike aggressively into this stagflationary environment.
The pair started the day with losses, following Monday’s hawkishness by the Fed Chair, but finds support at the start of the European session
Read the daily market update as the European session is about to get underway, to get some of the latest developments, main market moves and upcoming events
The US index starts the week on the back foot, following the solid rebound of the previous one, as markets monitor the situation in Ukraine
The German index is mixed today, following a two-week rebound, having achieved its best performance of the year, during the last one
The pair starts the week with caution following Friday’s new six year highs, in the aftermath of the monetary policy decisions by the central banks of the US and Japan
Read the daily market update as the European session gets underway, to get some of the latest developments, main market moves and upcoming events
The pair extends this week’s recovery, as Fed’s lift-off did not surprise and Eurozone’s CPI Inflation rose further
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interests arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed here.