Gold prices appear at risk as traders turn their attention to US Consumer Confidence data next. Meanwhile, a bearish Death Cross is in focus on the daily chart.
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British Pound Holds the Bounce as US Dollar Pauses with Fed Firm on 2% Inflation Goal
The British Pound found firmer footing on a potential trade deal between the UK and EU while the US Dollar eased with Federal Reserve maintaining its inflation target. Higher GBP/USD?
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Australian Dollar Pauses After Trend Break. Where to for AUD/USD?
The Australian Dollar recovered today after solid domestic data and found support on Monday as the market contemplates the RBA rate and ahead of GDP tomorrow Lower AUD/USD?
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US Dollar Sees Setback on Weak Durable Goods Orders, But DXY Trend Holds Bullish
The US Dollar fell the most since the beginning of February following disappointing durable goods orders. Still, the DXY may remain focused higher after a bullish Golden Cross emerged.
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Silver Price Update: Runaway Sell-off Eyes Key Level of Support
Commodity markets have sold off in the wake of upward revisions to the Federal Funds rate. The non-interest-bearing asset now approaches a crucial technical level
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