Gold is down by 0.8% on the day currently Price is now down by 0.8% and back under the 200-day MA @ $1,504.04 as gold is unable to capitalise on the mixed mood in the dollar today.
Crude Oil Prices Down As Market Frets Coronavirus Lockdown Hit
Crude oil prices remain in the doldrums as state after state announces drastic forced reductions in social and economic activity. Meanwhile the deadline for past production cuts to end gets closer.
EUR/USD May Capitulate as Coronavirus Poisons Euro Outlook
EUR/USD may shy away from retesting three-month trend resistance as the coronavirus undermines the outlook for European growth and the appeal of holding Euros.
British Pound (GBP) Latest: GBP/USD, FTSE Struggle on Coronavirus Headline Fears
Headline risks for UK asset markets are increasing as the government warns of a complete lockdown in London if advice is not followed.
Forex Today: Stocks Suffering Heavily – 23 March 2020
Get the market news and latest updates around the globe with our market briefing for March 23, 2020.
U.S. Relief Bill Stalled in Senate – 23 March 2020
President Donald Trump’s flamboyant $1-trillion+ coronavirus relief bill failed to pass in the Senate on Sunday,
Gold Spot Intraday Support Around 1479.00
<p>Pivot (invalidation): 1479.00 Our preference Long positions above 1479.00 with targets at 1511.00 & 1523.00 in extension. Alternative scenario Below 1479.00 look for further downside with 1464.00 & 1455.00 as targets. Comment The RSI is mixed with a bullish bias.</p> <p>The post <a rel="nofollow" hr
Silver Spot Rebound Expected
<p>Pivot (invalidation): 12.3100 Our preference Long positions above 12.3100 with targets at 12.7800 & 13.0100 in extension. Alternative scenario Below 12.3100 look for further downside with 12.1500 & 12.0000 as targets. Comment The RSI calls for a rebound.</p> <p>The post <a rel="nofollow" href="https:
ECB's Vasle: We are monitoring the situation, ready to do more if needed
Comments by ECB governing council member, Bostjan Vasle ForexLive
USD/JPY The Downside Prevails
<p>Pivot (invalidation): 111.25 Our preference Short positions below 111.25 with targets at 109.50 & 108.80 in extension. Alternative scenario Above 111.25 look for further upside with 112.00 & 112.65 as targets. Comment The RSI is bearish and calls for further downside.</p> <p>The post <a rel="nofollow" hre