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.
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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.
from DailyFX – Market News https://bit.ly/2JwxGWu
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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.
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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 Federal Reserve.
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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 inv…
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