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Market Updates for April 14: Price of Gold hit a 7-year high price above $1700 an ounce yesterday, suggesting a break to still higher prices is likely.

The Dow Jones Index opened higher this morning despite a grim economic outlook report from the IMF showing a recession likely worse than the 2008 fiscal crisis

The Japanese Yen could soon be on the move versus several currencies as extended moves and shallow ranges collide.

The month-long sell-off in EUR/GBP continues with bullish signals hard to find. The path of least resistance continues to suggest lower prices ahead.

Gold made a fresh seven-year high today, opening above the $1,703/oz. prior multi-year high. US Q1 earnings start today, and coupled with another dire jobs release expected on Thursday, may see the…

Better than expected Chinese trade data have boosted ‘risk-on’ currencies including the British Pound, the Australian Dollar and the New Zealand Dollar.

The Euro and DAX may fall if the IMF’s economic and financial assessment against the backdrop of the coronavirus inspires a selloff.

Gold prices retained a strong bid as investors fretted the clear and growing economic impact of the contagion. Chinese trade numbers were better than expected but they didn’t lift the mood.

NZD/USD faces a key test as the exchange rate comes up against the former support zone around 0.6170 (50% expansion) to 0.6230 (38.2% expansion).

The US Dollar fell against the Singapore Dollar, Indonesian Rupiah, Malaysian Ringgit and Philippine Peso. All eyes are on earnings season, China GDP and the Bank of Indonesia ahead.