Gold Price Weakness to Persist on Failure to Defend August Opening Range
[ad_1] Gold Price Talking Points The price of gold struggles to hold above the 50-Day SMA ($1780) as it gives back the advance from last week, and the precious metal…
USD/JPY Eyes Monthly Low After Failing to Push Back Above 50-Day SMA
[ad_1] Japanese Yen Talking Points USD/JPY trades to a fresh weekly low (131.73) following the slowdown in the US Consumer Price Index (CPI), and the exchange rate appears to be…
US Dollar Vulnerable to Less Hawkish FOMC Minutes
[ad_1] US Dollar Talking Points The US Dollar Index (DXY) bounces back from a fresh monthly low (104.64) as it attempts to retrace the decline following the slowdown in the…
EUR/USD Rate Rally Responds to Former Support Zone
[ad_1] EUR/USD Rate Talking Points EUR/USD stages a four-day rally for the first time since March on the back of US Dollar weakness, but the exchange rate appears to be…
Gold Price to Track 50-Day SMA on Failure to Clear August Opening Range
[ad_1] Gold Price Talking Points The recent recovery in the price of gold appears to be stalling as it trades in a narrow range, and the precious metal may continue…