2+ hour, 7+ min ago  (573+ words) U.S. Dollar Index is losing ground as traders react to CPI report. The report indicated that Inflation Rate decreased from 4.2% in May to 3.5% in June, compared to analyst forecast of +3.8%. Core Inflation Rate pulled back from 2.9% to 2.6%, while analysts expected that…...

5+ hour, 50+ min ago  (313+ words) FXEmpire USD/JPY Technical AnalysisUSD/JPY is easing back on the daily chart but stays in its uptrend, with 161 and the 50-day EMA underneath Source: TradingView.The US dollar has pulled back just a touch against the Japanese yen, but…...

6+ hour, 57+ min ago  (841+ words) Dow futures dropped 196 points, or 0.37%, Tuesday morning. S&P 500 futures slipped 0.10%. Nasdaq futures bucked the trend, up 0.42%, as chip stocks bounced back from Monday’s rout. The banks already delivered before the bell. Bank of America and Wells Fargo both cleared…...

15+ hour, 24+ min ago  (499+ words) The oil market responded quickly to these geopolitical issues. WTI oil increased by 13.80% in July and Brent oil increased by 14.75%. These shipping costs could further contribute to the crisis and increase the risk of military action. Citigroup also warned that…...

13+ hour, 43+ min ago  (440+ words) Meanwhile, the euro is underperforming as markets begin to anticipate that the European Central Bank’s rate hike cycle has been concluded. The euro remains pressured by weaker economic growth in the eurozone as the ECB continues to make data-dependent decisions…...

14+ hour, 5+ min ago  (466+ words) The Gold and Silver markets are currently being dictated by the Federal Reserve’s wariness regarding inflation and a strengthening US dollar. With today’s US Consumer Price Index (CPI) release and Federal Reserve Chair Kevin Warsh’s upcoming congressional testimony on the…...

1+ day, 4+ hour ago  (552+ words) Gold is under strong pressure as traders focus on the strong rally in the oil markets. Oil prices are up by +6% as Donald Trump announced that U.S. will impose a naval blockade on Iranian ports. He added that U.S. could charge fees…...

1+ day, 7+ hour ago  (306+ words) Spot Gold (XAUUSD) settled at $4,120.67 last week, down $55.02 or 1.32%. Last week, XAUUSD settled at $4,120.67, down $55.02 or -1.32%. This was one week after a closing price reversal bottom at $3,942.10 that didn’t pay off for bullish counter-trend buyers. The weak close last week…...

1+ mon, 2+ week ago  (1674+ words) If you’re like most traders, you’ve probably spent most of your time in equity markets, perhaps with the occasional dabble in forex or crypto. But there’s a whole world of commodity trading that many retail traders ignore, even though commodities…...

2+ day, 47+ min ago  (104+ words) FXEmpire Gold (XAU) prices ended the week near $4,120 after rebounding from the key $4,000 support area as higher oil prices, inflation concerns and rising Treasury yields limited the recovery In my view, gold may remain under pressure in the range of…...