Gold Price Gains May Be Fleeting as US Dollar Reclaims Haven Bid
Explosive gold price gains may be fleeting as market turmoil continues even as traders run out of room to price in a more dovish Fed, allowing the US Dollar to rebound.
Top 5 Events: May Canada Jobs Report & USDCAD Price Forecast
The May Canada jobs report (detailing the employment change and unemployment rate) is due on Friday, June 7 at 12:30 GMT.
Gold Prices Eye ISM Data as USD Weighs Fed Outlook, Haven Demand
Gold prices scope to build on recent gains hinges on the Dollar as it weighs conflicting cues from Fed rate cut bets and haven demand. Manufacturing ISM data is in focus next.
Gold Prices May Break Out as US GDP Data Shapes Fed Outlook
Gold prices are coiling up for a breakout, with a revised set of first-quarter US GDP figures lining up as a would-be catalyst.
Gold Prices May Break Key Support as US Dollar Reclaims Haven Bid
Gold prices fell as the US Dollar regained support from haven-seeking capital flows after a brief lapse. More of the same may see the metal break nine-month trend support.
Gold Prices May Break 9-Month Uptrend on US Jobs Report
Gold prices may break below chart support guiding the nine-month uptrend as the Dollar rises in the wake of Aprils US jobs data.
Gold Prices Surge on US GDP Data, Chart Still Warns of Topping
Gold prices surged as US GDP data drove Treasury bond yields and the Dollar lower. Chart positioning still hints a major top has been established however.
Crude Oil Price Outlook: Correction Lower May Be Short-Lived
Crude oil prices are easing back on suggestions that Gulf producers will raise their output and news of a larger-than-expected rise in inventories, but they will likely resume their advance shortly.
Gold Prices Eye Bond Yields, US Dollar Response to Earnings Reports
Gold prices are eyeing the response from Treasury bond yields and the US Dollar to incoming first-qurater corporate earnings reports for direction cues.
Gold Prices Aiming Lower After Chart Support Break
Gold prices are aiming lower after breaking chart support to complete a bearish Head and Shoulders topping pattern. Crude oil prices are struggling below $65/bbl.
Gold Price Chart Points to Losses After Major Top is Formed
Gold prices appear vulnerable to deeper losses as technical positioning reveals the completion of major topping pattern.
Gold Prices Inch Closer to Confirming Top, US Bank Earnings Eyed
Gold price are inching closer to confirming a large technical topping pattern and triggering trend reversal. Earnings reports from Goldman Sachs and Citigroup are due.
US Dollar Rise Sinks Crude Oil, Gold Prices - Bank Earnings Due
Crude oil and gold prices fell as the US Dollar rallied in the wake of March FOMC meeting minutes. First-quarter earnings reports from US banks are now in focus.
Gold Prices at Key Technical Barrier, Crude Oil Prices Vulnerable
Gold prices are pushing up against make-or-break technical resistance. Crude oil prices may fall if global slowdown fears and a downbeat IEA report.
Gold, Crude Oil Prices May Weaken on Soft US Jobs Data
Gold and crude oil prices may weaken if US jobs data disappoints, stoking risk aversion and fueling haven demand for the US Dollar.
Gold Prices Helped By US Dollar Pullback But Topping Signs Remain
Gold prices got a lift as cross-currency flows weighed on the US Dollar but technical positioning continues to warn that a major top may be taking shape.
Top 5 Events: March Canadian Jobs Report & USDCAD Price Outlook
Markets are expecting the Canadian labor market to cool off after exceptionally strong gains in January and February.
USDCAD Price Reversal Triggered by Canadian GDP, US Inflation Data
USDCADs daily move is already its largest down day since February 22.
Gold, Crude Oil Prices May Fall on Disappointing US GDP Revision
Gold and crude oil prices may fall while the US Dollar attracts haven-seeking capital flows if a disappointing US GDP revision keeps investors in a downbeat mood.
Crude Oil Prices May Resume Their Advance
Crude oil prices are marginally weaker Wednesday after the latest US inventory data but the fundamentals remain positive.