Gold climbed higher after breaking the correction phase during the New York session yesterday. Gold bulls continue to recover higher - can reach $1700?
Gold jumped higher from $1500 area, the Bulls may take over the market again. XAU Bullish trend retraced deeper towards the Fibo 78.6 level.
Fed Chairman Jerome Powell has spoken in favor of private Crypto transactions in his recent comments to the House Financial Services Committee.
Gold Bulls Correction above $1560 may Settle down for further upward move with target towards $1600. The price may fluctuate but may sustain the pressure.
The latest gains of the dollar seem verified as markets enter the key week. Here is the GBPUSD Fundamental Analysis of 09 December, 2019.
AUD was weakening in the hours before the Reserve Bank of Australia (RBA) released the minutes of its 5 November meeting and then fell sharply afterwards.
A senior FTC official in the US cites Libra in support of FedNow Service and has argued for urgent action and the launch of its real-time payment system.
EURUSD pair is trading above 1.0950 after falling due to growing trade tensions between the US and China. Check today's EURUSD fundamental outlook for more incites.
New US tariffs on China, Brexit, and a buildup to the Non-Farm Payrolls stand out. Here the highlights for Key Forex and Crypto fundamentals this week.
Crude oil price drops sharply as a fresh deterioration in US-China trade relations clouded the outlook for global economic growth and oil demand.