Gold slumped $60/oz. yesterday, creating a bearish engulfing candle after the Democrats won the two Georgia run-off elections. Today’s price action remains weak.
The US Dollar is modestly higher in early European trade Thursday, hitting currencies like Sterling and the Euro, but the downward trend in USD is likely to resume.
Europe’s benchmark EU Stoxx 50 index may lose ground in the coming days despite the regulatory approval of Moderna’s Covid-19 vaccine as price runs into key resistance.
Crude oil prices rallied with equities despite a clash on Capitol Hill.Gold fell as Treasury yields climbed on more fiscal stimulus prospects. What are key levels to watch for ahead?
The Canadian Dollar is on the brink of challenging key technical levels against several peer currencies, but the Loonie faces dim prospects against most.
Understanding the US-Mexico relationship and how the ebb and flow of economic activity in the former impacts the latter is crucial for trading USD/MXN.
The Dow Jones and S&P 500 climbed on a likely Democratic win of the two Georgian Senate seats, brightening the prospect for stimulus and infrastructure spending.