The rebound in U.S. real yields, coupled with the recent recovery of the U.S. dollar, is likely to act as a bearish catalyst for gold prices in the near term.
Sterling has more than held its own in the foreign exchange market this week, supported by better-than-expected economic data. Up next, the latest FOMC minutes.
EURUSD trickled lower following the European open with improving German Ifo data unable to entice Euro bulls. Can the FOMC minutes or improving sentiment arrest the slide?
The gradual drift lower in the Hang Seng Index (HSI) reflects some of the unwindings of extreme overbought conditions. What is the outlook and what are the signposts to watch?
Gold and silver prices may be vulnerable to further losses given that retail traders have been increasing upside exposure in recent weeks. What are key levels to watch ahead?
The Euro backed away from recent lows against a US Dollar seeking to reclaim the ascendency with higher Treasury yields underpinning it. Will EUR/USD break the range?
Tuesday’s drop below key support has somewhat dented the bullish outlook in US equities. However, the uptrend hasn’t reversed on the daily timeframe yet. What is the outlook for the…