Gold & Silver Prices Bounce Off Key Support Following Bond Fuelled Crash

August 12, 2020 at 09:20AM

Gold and Silver crash stemming from a surge in US yields. However, both bounce off 50% retracement. Continue Reading…

From: Justin McQueen
Selected by fonecable.com

Search Web: Gold & Silver Prices Bounce Off Key Support Following Bond Fuelled Crash

ADVERTISEMENT

Sponsored by Harvey Nichols Founded in 1831, a British luxury department store.

ADVERTISEMENT

24S Worldwide (APAC/EU/US)24S | GET UP TO 300£/$/€ OFF ON YOUR BACK-TO-OFFICE LOOK | **CODE: SHOP100 / SHOP200 / SHOP300**

easypM6CaP — Free Currency Card in the UK; Free Currency Accounts; UK Residence Only

ADVERTISEMENT

HN4WOMAN — Sponsored by **Harvey Nichols** Founded in 1831, a British luxury department store.

ADVERTISEMENT

FX Street

JP Morgan Chase CEO, Dimon: Failure to address US debt limits in time would be ''potentially catastrophic'' 28 September 2021

JP Morgan Chase has begun preparing for potential US credit default as debt limit talks go to wire, CEO Jamie Dimon said according to Reuters. Dimon s

United States 7-Year Note Auction rose from previous 1.155% to 1.332% 28 September 2021

United States 7-Year Note Auction rose from previous 1.155% to 1.332%

USD/JPY’s pullback from 111.65, contained above 111.25 28 September 2021

The US dollar failed on its first attempt to break the year-to-date high at 111.65 earlier on Tuesday and the pair gave away some ground to find suppo

Gold Price Forecast: XAU/USD bounces off daily lows as US bond yields take a breather 28 September 2021

XAU/USD is slumping 0.75%, trading at $1,736 at the time of writing. The market sentiment is in risk-off mode as the Federal Reserve prepares to unwin

GBP/USD continues heading south, approaches 1.3500 area 28 September 2021

The sterling has been going through its worst session in the last months on Tuesday. The GBP/USD has plummeted about 1.16% so far today reaching level

SPDR S&P 500 ETF Trust (SPY) News and Forecast: Why is the SPY going lower? 28 September 2021

The stock market remains nervous and Monday saw this play out with a mixed session for mainline indices while the Nasdaq (QQQ) underperformed. Yields

Fed becomingly increasingly comfortable with the prospect of QE tapering – Wells Fargo 28 September 2021

The Federal Reserve is becomingly increasingly comfortable with the prospect of tapering its bond purchases according to analysts at Wells Fargo. They

Mexico: Banxico to continue to sound hawkish given inflation dynamics and rising US rates – TD Securities 28 September 2021

On Thursday, the Bank of Mexico will announce its decision on monetary policy. Market consensus see a 25 basis points rate hike and also analysts at T

EUR/USD pushing against 2021 low at 1.1665 28 September 2021

The euro is losing ground for the third consecutive day on Tuesday, reaching levels only a few pips above August 20 low at 1.1663. A stronger USD on t

US: Consumer Confidence drops in September, could improve in coming months – Wells Fargo 28 September 2021

Data released on Tuesday showed a decline in September in Consumer confidence. With no shortage of other factors to blame, such as wildfires, war, hur

Fed’s Powell: Inflation is more concerning than earlier this year 28 September 2021

At a Senate Banking Committee hearing, Federal Reserve chair, Jerome Powell, said inflation is now more concerning than earlier this year. Speaking al

USD/CAD pierces 1.2700 amid a risk-off market sentiment 28 September 2021

As the American session kicks in, the USD/CAD is trading at 1.2700, up 0.59% at the time of writing. The market sentiment is downbeat, with global sto

EUR/GBP breaks above 0.8600 and jumps to highest in two months near 0.8650 28 September 2021

The EUR/GBP jumped from one-week lows under 0.820, breaking above 0.8600. The euro soared to 0.8640, reaching the highest level since July 21. The cro

ECB's Kažimír signals bank may not necessarily raise APP bond purchases, EUR/USD rises 28 September 2021

European Central Bank member Peter Kažimír has said that the bank may not necessarily increase bond-buying via the APP program. Kažimír, who is also t

Treasury Secretary Yellen says US will hit its debt limit by October 18 28 September 2021

US Treasury Secretary Janet Yellen has sent Congress a letter saying that the US will likely exhaust its extraordinary measures to prevent hitting the

US: CB Consumer Confidence drops to 109.3 in September from115.2 previous 28 September 2021

The Conference Board Consumer Confidence Index declined again in September and now stands at 109.3, down from 115.2 in August. Further details of the

United States Richmond Fed Manufacturing Index fell from previous 9 to -3 in September 28 September 2021

United States Richmond Fed Manufacturing Index fell from previous 9 to -3 in September

Fed Chair Powell, Treasury Secretary Yellen testify live stream – September 28 28 September 2021

Federal Reserve Chair Jerome Powell and Treasury Secretary Janet Yellen testify before the Senate Banking Committee. The topic of other appearance is

USD/JPY sits near YTD tops, above mid-111.00s ahead of Powell/US data 28 September 2021

The USD/JPY pair continued scaling higher through the early North American session and tested YTD tops, around the 111.65 region in the last hour. The

EUR/USD stays depressed near 1.1670 ahead of Powell 28 September 2021

EUR/USD remains well offered and trades at shouting distance from YTD lows in the proximity of 1.1660. EUR/USD targets the YTD lows near 1.1660 EUR/US

Gold & Silver Prices Bounce Off Key Support Following Bond Fuelled Crash

August 12, 2020 at 09:20AM

Search Web: Gold & Silver Prices Bounce Off Key Support Following Bond Fuelled Crash

ADVERTISEMENT

Sponsored by Harvey Nichols Founded in 1831, a British luxury department store.

ADVERTISEMENT

ADVERTISEMENT

Sponsored by Harvey Nichols Founded in 1831, a British luxury department store.

ADVERTISEMENT

Recent Posts

ADVERTISEMENT

24S Worldwide (APAC/EU/US)24S | GET UP TO 300£/$/€ OFF ON YOUR BACK-TO-OFFICE LOOK | CODE: SHOP100 / SHOP200 / SHOP300

ADVERTISEMENT

Free Currency Card in the UK; Free Currency Accounts; UK Residence Only

ADVERTISEMENT

Related Listening

December Reports

November Reports

October Reports

September Reports

August Reports

ADVERTISEMENT

Sponsored by Harvey Nichols Founded in 1831, a British luxury department store.

ADVERTISEMENT

July Reports

ADVERTISEMENT

Sponsored by Harvey Nichols Founded in 1831, a British luxury department store.

ADVERTISEMENT

Leave a Reply Cancel reply

Forex – Dollar Gains as Yields Rise; Sterling Calm After GDP release

Upcoming Stock Splits on Apple and Tesla

August 12, 2020 at 09:20AM

ADVERTISEMENT

Recent Posts

ADVERTISEMENT

ADVERTISEMENT

Related Listening

December Reports

November Reports

October Reports

September Reports

August Reports

ADVERTISEMENT

July Reports

ADVERTISEMENT

Leave a Reply Cancel reply

Related Post