Asian markets severely down, gold back below $1,700 mark
Mar 09, 2020 04:56 am UTC| Commentary Investing
All the major Asian indices were trading on a lower note on Monday. Gold was trading around $1,660 mark while silver was trading around $16.82 mark. Japans Nikkei was trading 5.82 pct lower at 19,548.50...
Mar 06, 2020 07:30 am UTC| Market Roundups Investing
Market Roundup Oil slips amid demand concern Gold set for biggest weekly gain since 2016 Australias Retail Sales drop 0.3% in Jan Economic Data Ahead (0245 ET/0745 GMT) France Exports, EUR...
FxWirePro: Chinese yuan falls gradually against U.S. dollar, stay long only above 6.9611 mark
Mar 06, 2020 07:18 am UTC| Technicals Investing
USD/CNY is currently trading around 6.9453 marks. It made intraday high at 6.9577 and low at 6.9367 levels. Intraday bias remains slightly neutral till the time pair holds key resistance at 6.9611 mark. A...
FxWirePro: Gold trades higher on Safe-haven demand, good to buy on dips
Mar 06, 2020 05:18 am UTC| Technicals Investing
Ichimoku Analysis (Daily chart) Tenken-Sen- $1626 Kijun-Sen- $1618 Gold recovers sharply more than $40 on Safe-haven demand. US stocks have shown a massive sell-off of more than 3% due to coronavirus. The global...
Asian markets extremely down, gold touches $1,678 mark
Mar 06, 2020 05:00 am UTC| Commentary Investing
All the major Asian indices were trading on a lower note on Friday. Gold was trading around $1,678 mark while silver was trading around $17.40 mark. Japans Nikkei was trading 2.92 pct lower at 20,700.50...
Australian and US rate cuts underline seriousness of the coronavirus crisis
Mar 06, 2020 03:44 am UTC| Investing Central Banks
This week the Reserve Bank of Australia did something everyone expected and the US Federal Reserve did something almost nobody expected. Both are revealing. At its monthly meeting Australias central bank cut official...
Asian markets noticeably up, gold trades flat at $1,640 mark
Mar 05, 2020 04:25 am UTC| Commentary Investing
All the major Asian indices were trading on a higher note on Thursday. Gold was trading around $1,640 mark while silver was trading around $17.21 mark. Japans Nikkei was trading 0.60 pct higher at 21,227.50...
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