What? Shouldn’t gold decline after the rates are lowered? It can, but it can also decline, and the latter is actually more likely.
The dollar index (DXY00 ) today is slightly lower by -0.11%. The dollar is being undercut by today's -6.5 bp decline in the 10-year T-note yield, which undercut the dollar's interest rate differentials....
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As gold prices hover around new highs, fueled by expectations of a September rate cut, investors can capitalize on this golden opportunity through ETFs such as SPDR Gold Shares, ProShares Ultra Gold, and...
The dollar index (DXY00 ) on Wednesday fell slightly by -0.06%. The main bearish factor was the weak US manufacturing PMI and new home sales reports. The dollar partially recovered from early losses...
The dollar index (DXY00 ) is down -0.24% on lower T-note yields and weak US economic reports. The 10-year T-note yield is down -2.3 bp at 4.227%. The preliminary-July S&P US manufacturing PMI fell by...
The dollar index (DXY00 ) on Tuesday rose slightly by +0.14% as US political factors continued to buffet the FX markets. Bearish factors for the dollar include Tuesday’s -1.0 bp decline in the 10-year...
Short Term Elliott Wave View in Copper (HG) suggests that correction from 5.20.2024 high remains in progress. The internal subdivision of the correction is unfolding as a double three Elliott Wave structure....
The dollar index (DXY00 ) is trading slightly higher by +0.18% as US political factors continue to buffet the FX markets. Bearish factors for the dollar today include today’s -2.5 bp decline in the...
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