Open interest and volume in Gold futures markets went down by around 1.1K contracts and by nearly 61.5K contracts on Thursday, according to advanced readings from CME Group.
Gold could retreat to the $1,980/oz region
The rally in Gold remains unabated and it has clearly surpassed the key mark at the
EUR/USD failure to hold onto the break above 1.1909 does not take away from its bullish bias. Momentum on the four-hour chart remains to the upside and the world's most popular currency pair is trading above the 50, 100, and 200 Simple Moving Averages. Moreover, the Relative Strength Index is below
Beirut’s residents are in shock and mourning after an enormous explosion at the city’s port ripped through the Lebanese capital, killing at least 135 people, injuring more than 4,000 and displacing some 300,000, according to emergency services. Hospitals are overwhelmed, with some too damaged by the
Two large explosions rocked the Lebanese capital of Beirut on Tuesday evening local time, shattering windows in surrounding neighborhoods for miles, destroying nearby buildings and wounding thousands of people.
At least 78 people have been killed and nearly 4,000 injured, according to Reuters. The L
AUD/USD is building on Tuesday's gains, closes in on multi-year highs.
USD struggles to find demand amid risk-positive market atmosphere.
ADP Employment Change and Services PMI data will be featured in the US economic docket.
The AUD/USD pair closed in the positive territory on Tuesday and preserve
Euro/dollar has bounced off 1.17 – a level that supported it also in late July and now turns into a double-bottom. In addition, that level is where EUR/USD launched at, back in 1999. While upside momentum on the four-hour chart vanished, the currency pair swiftly recaptured the 50 Simple Moving Aver