Gold losses persist with the precious metal printing yet another red candle with XAU/USD nearly $100 lower since last Monday
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Gold losses persist with the precious metal printing yet another red candle with XAU/USD nearly $100 lower since last Monday
from DailyFX – Market News https://bit.ly/45mHgj6
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Outlook on Nikkei 225, FTSE 100 and S&P 500 as the oil price, US yields and greenback remain at elevated levels.
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AUD prices weakened against the USD on sluggish PMI data alongside a likely rate pause by the RBA at tomorrow’s interest rate announcement.
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The break above minor resistance in Bitcoin and Ethereum has reduced some of the immediate downside risks. Can cryptocurrencies sustain gains? What is the outlook and what are the key levels to watch?
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GBP managed to find some support toward the end of last week after the UK economy grew faster than expected. However, the support could turn out to be short-lived. What’s next for GBP/USD, EUR/GBP and GBP/AUD?
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