Tag - gold

10-year US Treasury yields reached 1.15%, which is the highest level since March. Higher yields should increase the demand for the USD.

XAU/USD went back above $1 850 after it reversed from the 200-day moving average.

A risk on and weak dollar theme dominated markets on optimism regarding vaccines, US and UK fiscal stimulus, and Brexit, with hope an agreement on the latter can be reached soon.

The USD continues dipping, while the GBP is rising on hopes for the Brexit deal done today.

Investors continue to assess the vaccine rollout versus fears over a new virus variant. US stocks and oil slipped as Donald Trump threatened not to sign a long-awaited stimulus bill into law.

US stocks and oil slipped as Donald Trump threatened not to sign a long-awaited stimulus bill into law. The market sentiment had been already fragile, and Trump’s comments worsened it even more.

The market sentiment deteriorated as the new Covid-19 variant engulfed the UK. As a result, riskier assets such as S&P 500, oil, the AUD, the NZD dropped.

Global stocks tumble and the dollar surges as the UK discovers a new strain of the Covid-19 coronavirus.

European stock markets are seen opening lower Friday, with doubts again growing that a post-Brexit trade deal between the UK and the European Union can be agreed upon.

Today the US dollar regains yesterday’s losses.  Jump in to get the fresh analysis of EUR/USD, GBP/USD, and gold!

The year-end is getting closer. What will 2021 bring us? Let’s find out what major banks expect!

The US dollar keeps dipping further, while riskier assets are rising as investors await the FOMC meeting at 21:00 MT time.