Gold prices rose as hopes for massive economic life support curbed the previously overwhelming rush into cash. Enduring stock market gains saw some of that advance pared though.
Blogs
USD/CAD Levels to Watch Following Failed Attempt to Test 2016 High
USD/CAD appears to be reversing course ahead of the 2016 high (1.4690), with the Relative Strength Index (RSI) on its way to flash a textbook sell signal.
Silver Prices Rise as Coronavirus Money Printing Ramps Up
Silver and gold prices have had a fascinating 2020, counterintuitively falling as the coronavirus’ economic hit has become horribly apparent. A rebound is now afoot.
US Dollar Soars as USD/IDR Pursues Best Month Since 1997 Asia Crisis
The US Dollar soared against the Indonesian Rupiah, with USD/IDR eyeing its best month since the 1997 Asia financial crisis amid the coronavirus outbreak. Can this trend continue?
Bitcoin Price: How Will Halving, Coronavirus Affect BTC?
Bitcoin prices may see a pickup in volatility ahead of the 2020 halving as the coronavirus pandemic threatens to disrupt cross-continental BTC mining operations.
EUR/USD Rebounds as Fed Plans to Purchase CMBS But Will It Last?
The recent rebound in EUR/USD may prove to be short lived as the US Dollar benefits from the flight to safety.
Canadian Dollar Sinks as Crude Oil Prices Swing, USD May Weaken
The Canadian Dollar sank as crude oil prices swung with USD/CAD stalling under 2016 peaks. Futures markets hint a cautiously upbeat mood may be next, placing the US Dollar at risk.
Australian Dollar & ASX 200 Price Outlook Amid Coronavirus Outbreak
The Australian Dollar and stock market have suffered weeks of declines as the global economy grinds to a halt amid ongoing coronavirus containment procedures across the world, what’s next?
USD/MXN Forecast: US Dollar to Mexican Peso Extends Parabolic Climb
The near-vertical breakout in spot USD/MXN price action keeps ramping higher as the US Dollar surges another 3% against the Mexican Peso. How much longer might the rally in USD/MXN last?
Gold Price to Resume Ascent as Fed Asset Purchases Balloon
Gold looks geared up to recommence its meteoric rise, perhaps to new highs, following unprecedented news that the Fed looks to purchase an unlimited amount of US Treasuries.