XAU/USD went back above $1 850 after it reversed from the 200-day moving average.
Tag - fundamental analysis
The UK has published a set of encouraging economic data on Friday. UK Retail Sales came out with better-than-expected data as well as PMI reports.
USD/CAD reached levels unseen since the beginning of the year. ING considers the pair may fall further, but Bank of America warned that it may hit its bottom and reverse in the long run.
Gold had to rise above $2 000 after the poor ADP report, but it didn’t. Here are 3 main resistance levels to watch out.
The Chinese yuan gained after the better-than-expected manufacturing data. Let's have a closer look.
The New Zealand dollar is rising for the sixth straight day, outperforming its major peers. What is the reason? Let’s find out!
The US-Chinese relationship has been tense amid Trump’s governance, but if Biden wins, the situation may change. Let’s find out what it means for the Chinese yuan.
Goldman Sachs advised investors to go long on the pound vs the euro. How far may EUR/GBP drop? Let’s find out!
USD/CAD has been falling for a long rime. Has it hit the bottom?
The rout in tech stocks in the US over the last day has been a stiff test of nerve for European markets but one to which they appear to be equal, at least for now.
GBP/CAD keeps falling to the downside amid fears over the no-Brexit deal. According to JPMorgan, the pair will continue dipping throughout the whole of September.
XAU/USD is edging higher, but may meet soon the strong resistance. What is the forecast?