Gold continues to claw back some of last week’s heavy losses but nears an area of technical resistance that may be difficult to breach in the short-term.
Signs that the talks between the EU and the UK on their post-Brexit relationship are faltering are knocking back GBP/USD, which is reversing some of its recent gains.
Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger Oil - US Crude-bearish contrarian trading bias.
The US Dollar Index (DXY) looks set to extend its slide to yearly lows on the back of renewed fiscal stimulus hopes and dovish rhetoric from several members of the…
Crude oil prices retraced further from recent highs as traders unwind expectations for an OPEC+ resolution to rein output. The American Petroleum Institute (API) reported a large build in crude…
IGCS hints that gold prices may reverse higher as the S&P 500 aims for new highs. Things are looking a little bit more choppy for the growth-linked Australian Dollar.
The British Pound is eyeing a push to fresh yearly highs against the US Dollar. However, various technical setups suggest GBP could lose ground to JPY, EUR and NZD in…