Trading Outlook Ahead of FOMC: US Dollar, Cross-rates, Gold Price & More

Join Paul Tuesday-Friday for webinars each week, for details please see the Webinar Calendar. Today, we took a look at markets ahead of the FOMC announcement. Expectations are for another 25-bps hike, where the ‘surprise’ element could come into play is in regards to future signaling for the remainder of the year. For live coverage […]

Gold Prices Coil Up, May Break Upward on US GDP Data

Talking Points: Gold prices trace out bullish Triangle chart pattern Soft Q1 US GDP revision may trigger upside breakout Crude oil prices swoon as OPEC extends output cuts Gold prices continued to mark time as expected, with traders looking ahead to the release of revised first-quarter US GDP figures. Consensus forecasts see the annualized growth […]

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Gold Prices Unmoved by NFP Data Release

Talking Points: Gold Prices Unmoved by NFP Data Release Markets Next Look to Janet Yellen for Direction Looking for additional trade ideas for gold and commodities markets? Read our 2017 Market Forecast Gold Prices remain flat this Friday, despite US NFP (Non-farm Payrolls) figures beating expectations this morning. Expectations for this morning’s NFP (APR) event […]

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Gold Price Surge May Falter as US, Russia Weigh Syria and Ukraine

Talking Points: Gold prices surge as interest rates decline amid risk aversion Crude oil prices rise on Saudi support for output cut extension Commodities may reverse recent move on US/Russia bargain Gold prices surged as risk aversion swept financial markets. Haven-seeking capital flows pushed up Treasury bonds and sent yields lower while the priced-in 2017 […]

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Gold Hindered by Dollar Rebound

Fundamental Forecast for Gold: Bearish Prime Minister May’s official letter to start the Brexit proceedings haven’t added to the Pound’s troubles Moving forward, focus remains on the UK’s separation through negotiation progress and friction Top scheduled event risk ahead for the Sterling includes BoE Governor’s speech, UK trade, PMIs Gold is suffering as a strong […]