The euro steadied just above five-week lows against the dollar on Wednesday....
(Kitco News) - Gold prices have moved to modestly higher levels in early U.S. trading Tuesday. The metal got a lift from a just-released U.S. retail sales report that showed only tepid growth and did not meet market expectations. However, gains are limited by the recent sharp rebound in the value of the U.S. dollar against the Euro currency. June gold was last up $1.70 at $1,297.50 an ounce. Spot...
(Kitco News) - Gold prices ended the U.S. day session modestly lower Tuesday. The metal got an early lift from a U.S. retail sales report that showed only tepid growth and did not meet market expectations. However, the modest gains were eroded by the recent sharp rebound in the value of the U.S. dollar against the Euro currency. June gold was last down $2.40 at $1,293.40 an ounce. Spot gold was...
The Dow Jones-FXCM U.S. Dollar Index is threatening the bearish trend carried over from 2013, while the Euro struggles to preserve the bullish momentum. ...
The May opening range is being tested ahead of major event risk this week. Here are the updated targets & invalidation levels. ...
The dollar index rallied the most on Euro weakness, caused by a report that the Bundesbank may support ECB stimulus. ...
Brian Singer, William Blair, shares his outlook on the markets and where he sees the best investment opportunities. ...
CNBC's Rick Santelli takes a look at how April's retail sales numbers impacted the markets, and the latest action in the U.S. dollar. ...
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Oil was up on the day, nat gas took a hit today, and gold was down slightly....
GBP/USD falls 120 pips on the release of employment data and the BoE inflation report. ...
(Kitco News) - The rally in U.S. equity markets could leave investors indifferent to gold as the yellow metal remains range bound, said analysts....
With European Central Bank (ECB) economists’ inflation projections for 2016 due at the next ECB policy-setting meeting in June, rumors are swirling Germany’s central bank may be willing to support more ECB measures to fight the eurozone’s dangerously low inflation. Last week the market was teased and given a taste of times past after ECB President Mario Draghi insinuated that eurozone monetary policy...
The US Dollar is likely to rise if the recent pickup in economic data outcomes extends to April’s Retail Sales report, fueling a firmer Fed policy outlook. ...
Time and time again the Indian elections have brought optimism, but only temporarily… ...
Monday’s trading session was framed by a high profile breakout in risk trends – namely US equities. ...
Copper may be vulnerable to a further correction on mounting concerns over Chinese economic growth, following a disappointing set of economic data from the Asian giant. ...
The problem with promising additional dovish action in June is that if the ECB does not do anything, it stands to lose a fair amount of credibility. The market is hammering the Euro as a result. ...
Dariusz Kowalczyk, Senior Economist and Strategist at Credit Agricole, explains why U.S. Treasury Secretary Jacob Lew may not succeed in persuading Beijing to let the yuan appreciate....
CNBC's Asia Squawk Box team discuss the rally in Indian financial markets amid election euphoria in the country....
Nour Al Hammoury, market strategist at ADS Securities, says the current level of sterling is not worrying the Bank of England but a further rise could alarm the central bank. ...