Forex

Gold rejects 1190 handle, no yields - no buyers Jose Ricaurte Jaen

19:46 11 January /2017 Forex

After a boring presser, Gold breaks down towards the 1180/70 range as bulls couldn't figure any valuable hints to add long positions during Trump's neutral broadcast. No Yields; Gold bulls missed in actionNenad Kerkez, Analyst and Full-Time Trader at Admiral Markets, shared his views on why Gold may continue under pressure, "As the US Fed normalize rates this year, it is likely to steer Investors away from speculative investments like Gold to Fixed Income as it offers a yield.  I expect further weakness in Gold in the coming year, however, should we experience unexpected rapid inflation, then I can see Investors flocking to Gold in such an environment."Gold Technical LevelsTo the upside, the metal failed to conquer on the 1190 handle, which becomes immediate resistance in the short-term. To the downside, 1170/60 level seemed of interest to buyers during previous trading sessions. goldAUD/USD soars: bulls trying to dig heels on to the 0.74 handle during Trump presser

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EUR/USD risk reversals adopt a bearish bias Omkar Godbole

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Saudis to slash oil exports to Asia by 100,000 Bpd Omkar Godbole

The Saudi Energy Ministry said on Monday that it cut its crude oil exports to Asia by more than 100,000 barrels per day (bpd) in January compared to December, but will keep its exports to Europe and the U.S. unchanged. “We hope that by leading by example, our partners from OPEC and non-OPEC will do

04:23 12 December /2017 Forex

USD/JPY testing MA supporting cluster, firm above 113.50 Ross J Burland

USD/JPY rose from 113.24 to 113.69 the high overnight in risk-on NY and, currently, USD/JPY is trading at 113.57, up 0.02% on the day, having posted a daily high at 113.59 and low at 113.49.The mood for risk continues

04:23 12 December /2017 Forex