Page 19 - Simple Moving Average News Today

EUR/USD drifted back into the 1.0800 handle once again on Thursday after weak-kneed German Retail Sales and Consumer Price Index (CPI) inflation came in mixed but missed the mark overall.

Gold price (XAU/USD) edges higher during the Asian session on Wednesday and for now, seems to have stalled the previous day's modest pullback from the $2,040-$2,042 resistance.

The USD/CAD pair scales higher for the fourth successive day on Wednesday and climbs to a nearly two-week high, around the 1.3545 region during the Asian session.

The GBP/USD pair comes under heavy selling pressure following the previous day's two-way directionless price moves and drops to the 1.2665 region during the Asian session on Wednesday.

Gold price is duplicating the price action seen during Tuesday’s Asian trading, as bulls attempt another comeback early Wednesday.

The US Dollar (USD) is off its intraday high in the aftermath of the second US Gross Domestic Product (GDP) reading. Although the actual Headline GDP number was just 0.1% softer than expected,

West Texas Intermediate (WTI) US Crude Oil found further room on the top end on Wednesday, briefly climbing above $79.00 before getting pulled back down by another surprise buildup in US Crude Oil inventories according to the Energy Information Administration (EIA).

USD/CAD saw an early Wednesday rally above the 1.3600 handle pull back into recent congestion after US Gross Domestic Product (GDP) figures were mixed on release.

EUR/USD sagged early Friday after European sentiment indicators came in below expectations, and a lopsided print in US Gross Domestic Product (GDP) figures kept the pair in familiar territory midweek.

Gold price remains steady near $2,030 on Wednesday, posting a gain of 0.17% after the US Bureau of Economic Analysis (BEA) revealed the country's economy expanded.