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The precious metal gold soared sharply to hit our target level of 1,994 amid boosted safe-haven appeal. The investors are feeling uncertain about the U.S. economic growth in the wake of an increased number of COVID19 cases and upcoming FOMC meeting minutes, which may dispense a dovish stance. Check out gold forecast video analysis above.
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USD/JPY Rallies 0.6% to 143.66, 30-Year Japanese Bond Yields Tumble on Issuance Cut Speculation Key Moments:The yen surrendered earlier gains against the dollar on Tuesday, with the USD/JPY jumping 0.6% to 143.66.
The 30-year JGB yield dropped 12.5 basis points to 2.91%, hitting its lowest level since May 14th. Meanwhile, the […]
Forex Market: EUR/JPY daily outlook During yesterday’s trading session EUR/JPY traded within the range of 140.19-141.04 and closed at 140.38.At 8:47 GMT today EUR/JPY was losing 0.22% for the day to trade at 140.10. The pair broke the first key support and recorded a daily […]
Deutsche Post AG share price up, to conduct first routine unmanned drone deliveries to customers The biggest postal service in Europe – Deutsche Post AG will start delivering medicine and other urgent goods to a German island located in the North Sea using unmanned helicopters. The service marks the first routine drone delivery to […]
GBP/JPY settles below 1-week high, posts weekly gain The GBP/JPY currency pair settled below Friday's high of 215.777, its strongest level since April 15th, as fresh UK retail sales data provided support to the Pound ahead of the Bank of England’s monetary policy announcement next week.March […]
Crude oil trading outlook: WTI futures climb after US oil report, Brent steady WTI futures were higher during early trade in Europe today, while Brent was steady. The US posted weekly oil inventories figures yesterday, supporting crude. Elsewhere, the US and EU stepped up sanctions against Russia as its efforts towards […]
Oil drops on weak China data and increased U.S. production WTI extended yesterdays losses as U.S. crude output reached its highest pace since 1990, while the end of the driving season draws closer. Meanwhile, negative China manufacturing data from Wednesday continued to spur concern over demand in the […]