Pre-open movers
U.S. stock futures traded mixed in early pre-market trade after the Wall Street closed mixed in the previous session. Investors are awaiting .
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Foreign exchange (Forex) trading carries a high level of risk and may not be suitable for all investors. The risk grows as the leverage is higher. Investment objectives, risk appetite and the trader s level of experience should be carefully weighed before entering the Forex market. There is always a possibility of losing some or all of your initial investment / deposit, so you should not invest money which you cannot afford to lose. The high risk that is involved with currency trading must be known to you. Please ask for advice from an independent financial advisor before entering this market. Any comments made on Forex Crunch or on other sites that have received permission to republish the content originating on Forex Crunch reflect the opinions of the individual authors and do not necessarily represent the opinions of any of Forex Crunch s authorized authors. Forex Crunch has not verified the accuracy or basis-in-fact of any claim or statement made by any independent au
Jun 2, 2021 19:36 GMTFXStreet News
Gold steadies above $1,900 in the American session on Wednesday.
10-year US Treasury bond yield is down more than 1%.
US Bureau of Labor Statistics will release May jobs report on Friday.
Gold spiked to its highest level since early January at $1,916 on Tuesday but ended up closing the day near $1,900 with a daily loss of 0.35%. Although the XAU/USD pair spent the first half of the day in a relatively tight range below $1,900, it managed to regain its traction during the American trading hours and was last seen rising 0.36% on the day at $1,907.
Gold finds support as US T-bond yields turn south
(Bloomberg) Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast.The Federal Reserve should begin discussing the time frame for paring back its bond-buying program, Philadelphia Fed President Patrick Harker said.“I think it is appropriate for us to slowly, carefully move back on our purchases at the appropriate time,” Harker said Wednesday during a virtual Women in Housing and Finance event. “When that is, that is something we need to start discussin
Disclaimer
Foreign exchange (Forex) trading carries a high level of risk and may not be suitable for all investors. The risk grows as the leverage is higher. Investment objectives, risk appetite and the trader s level of experience should be carefully weighed before entering the Forex market. There is always a possibility of losing some or all of your initial investment / deposit, so you should not invest money which you cannot afford to lose. The high risk that is involved with currency trading must be known to you. Please ask for advice from an independent financial advisor before entering this market. Any comments made on Forex Crunch or on other sites that have received permission to republish the content originating on Forex Crunch reflect the opinions of the individual authors and do not necessarily represent the opinions of any of Forex Crunch s authorized authors. Forex Crunch has not verified the accuracy or basis-in-fact of any claim or statement made by any independent au