Gold Price Under Pressure as Market Awaits US CPI Data
The gold price is trading in the green at $2,026 at press time. Still, the downside pressure remains high despite Friday's rally.
Source: forexcrunch.com
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German Factory Orders Rise Less Than Forecast
Germany's factory orders rose less than expected in November, data from Destatis revealed on Monday. Orders climbed 0.3 percent on a monthly basis in November, in contrast to the revised 3.
Source: rttnews.com
EUR/USD gains as traders anticipate a dovish Federal Reserve
The Euro (EUR) advances against the US Dollar (USD) in early trading on Monday as the Greenback (USD) weakens, with no fundamental reason, except for traders increasing the odds for the first rate cut of the Federal Reserve by its March meeting.
Source: fxstreet.com
America's Roundup: Dollar loses post-employment gains as a result of dismal US services sector data, Wall Street ends higher, Gold gains, Oil prices rise over $1 on Middle East tensions
EconoTimes is a fast growing non-partisan source of news and intelligence on global economy and financial markets, providing timely, relevant, and critical insights for market professionals and those who want to make informed investment decisions.
Source: econotimes.com
EUR/USD Price Playing Within Demand Zone Ahead of US NFP
The EUR/USD price lost its shine again on Friday as the US NFP data looms. The pair is at 1.0913 at the time of writing.
Source: forexcrunch.com