Author: Kenny Fisher

Gold Records Strong Gains on Monday

Gold has started the week with considerable gains. In the Monday’s North American session, spot gold is trading at $1291.75, up 57% on the day. There are no US events on the schedule, so we’re unlikely to see any significant movement for the remainder of the day. It was a busy week for gold, as […]

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EUR/USD Starts Week With Gains

EUR/USD has edged higher in the Monday session. Currently the pair is trading at 1.1815, up 0.45% on the day. On the release front, it’s a very quiet start to week, so we’re unlikely to see any significant movement from the pair on Monday. There are no US releases, and the sole euro zone event […]

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Gold Hits Hits $1300 after Barcelona Attack

Gold prices continue to push higher. In the Friday session, gold punched past the $1300 level, before retracting. In North American trade, spot gold is trading at $1287.15, down 0.04% on the day. On the release front, it’s a quiet end to the week, with just one key event on the schedule. UoM Consumer Sentiment improved […]

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USD/JPY – Yen Gains Ground on Barcelona Jitters

USD/JPY has edged lower in the Friday session. In North American trade, the pair is trading at 109.11, down 0.25% on the day. On the release front, UoM Consumer Sentiment improved to 97.6, beating the estimate of 94.0 points. There are no Japanese events on the schedule. It’s been a busy week for the Japanese yen, […]

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GBP/USD – Pound Yawns Despite Solid British Job Numbers

The British pound is showing limited movement in the Wednesday session. In North American trade, the pair is trading at 1.2864, down 0.05% on the day. On the release front, British employment numbers looked sharp. Average Earnings Index accelerated to 2.1%, above the estimate of 1.8%. Claimant Change declined 4.2 thousand, compared to an estimate of […]

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Gold Slide Continues after Strong Retail Sales and Manufacturing Reports

Gold has posted losses to start off the week. In North American trade, spot gold is trading at $1273.22, down 0.67% on the day. On the release front, US indicators enjoyed a solid day. Retail Sales came in at 0.6%, above the estimate of 0.3%. Core Retail Sales also looked sharp, with the gain of 0.5% […]

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GBP/USD – British Pound Trips as British CPI Misses Estimate

The British pound has posted considerable losses in the Tuesday session. In the North American session, the pair is trading at 1.2862, down 0.79% on the day. On the release front, British CPI remained unchanged at 2.6%, shy of the forecast of 2.7%. Over in the US, Retail Sales came in at 0.6%, above the […]

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Euro Lower as German Preliminary GDP Misses Estimate

EUR/USD has edged lower on in the Tuesday session. Currently, the pair is trading at 1.1756, down 0.31% on the day. On the release front, there is just one euro zone indicator. German Preliminary GDP in the second quarter edged lower to 0.6%, missing the forecast of 0.7%. In the US, the key releases are […]

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USD/JPY – Yen Lower Despite Strong GDP Report

USD/JPY has edged higher in the Monday session. In North American trade, the pair is trading at 109.83, up 0.33% on the day. The week started on a positive note, as Japan’s Preliminary GDP was solid in the second quarter, posting a gain of 1.0%. This easily beat the estimate of 0.6%. On Monday, there […]

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EUR/USD – Euro Softens, Markets Eye German Inflation Reports

EUR/USD has posted slight losses on Thursday. Currently, the pair is trading at 1.1712, down 0.40% on the day. On the release front, there are no German or Eurozone events on the schedule. In the US, there are two key events – Producer Price Index and unemployment claims. Both indicators are expected to remain unchanged […]

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