FX Daily: Upside Gaps Filled, Now What?
High-profile equity markets, such as the S&P 500 and Nikkei’s 255, have now filled the upside gaps after Monday’s heavy losses.
EUR/USD Forex Signal: Bullish Consolidation Above $1.0900
Although the price is taking its time to move, the technical picture remains basically bullish following the price making a new long-term high above $1.1000 a few days ago.
EUR/GBP Trades Above 0.8600, Holds Position Near Three-Month Highs
EUR/GBP rose to a three-month high of 0.8623 marked on Thursday.
Market Briefing For Thursday, August 8
Tentative neutrality might be a reasonable way to describe market status for the moment and not just because it's depending on upcoming CPI or any other particular economic marker.
Metal Markets Report For Wednesday, Aug 7
In this video, Ira Epstein reviews the day's trading in the gold and other relevant metal markets.
EUR/JPY Pares Intraday Losses, Remains Below 160.00 Amid Hawkish BoJ-Inspired JPY Strength
The EUR/JPY cross comes under some renewed selling pressure on Thursday and moves away from the weekly peak, around the 161.45 region touched the previous day.
Gold’s True Fundamentals Are Strengthening
Gold and precious metals have performed well over the last few years. Central bank demand, De-dollarization, and other foreign sources of demand pushed Gold to break out of its 13-year cup and handle pattern.