EURNZD Selling The Rallies At The Blue Box Area

Sentiment is not bad for a week which confirmed that the Federal Reserve (Fed) won’t cut the interest rates anytime soon. Stocks rebounded and yields fell yesterday, the S&P500 kept floor above the 5000 psychological mark, Nasdaq 100 jumped 1.30% as the US 2-yer yield slipped below 4.90% despite data showing a bigger than expected […]

As the XAG/USD chart indicates today, the price of silver has dropped by over 5% in the past week. Bearish signs are also evident in the price of gold. According to Reuters, market participants are focusing on a series of economic data set to be released this week, which could influence expectations regarding a potential […]

Gold price rose during early trading on Wednesday, after being stuck within a narrow congestion in past three days. Fresh strength hit the highest in almost two weeks, though the wider picture shows the price moving within larger range ($2368/$2286) for the past couple of weeks. Traders look for fresh direction signals, with Fed monetary […]