Gold February futures contracts at MCX opened higher on Tuesday and were trading at Rs 78,850 per 10 gram around 9:45 am, which was up by 0.39% or Rs 306 while silver March futures contracts were trading higher by 0.68% or Rs 622 at Rs 92,064/kg. The prices of gold have surged by Rs 2,400/10
USD/JPY stable despite volatility after Trump announces possible 25% tariffs on neighboring countries. US Dollar Index (DXY) gains 0.29%, reaching 108.30, amid positive market sentiment. Focus on upcoming Bank of Japan meeting; potential for 25 basis point rate hike expected. The USD/JPY was virtually unchanged during the North American session on Tuesday, as traders assessed
Forex markets have settled into quieter trading as the immediate impact of US President Donald Trump’s inauguration and initial executive orders fades. While Trump’s proposed tariffs remain a significant concern, their delayed implementation suggests a more calculated and strategic approach, tied to future negotiations. This tempered stance has brought a sense of cautious optimism to
DAX Futures Analysis: Key Levels and Price Prediction DAX Futures OverviewThe DAX futures market is trading at 21,091, slightly down by 0.15% compared to yesterday’s close. The market sentiment appears neutral to indecisive, as reflected in the AI sentiment score of +1, indicating a lack of strong directional bias. This analysis provides critical levels for
The 2nd week of the earning calendar continues with a mix of companies (the first week is traditionally financials). This week is highlighted by Netflix after the close today, P&G, J&J, Travelers, United and American Airline, Intuitive Surgical, Amex, and Verizon are a sampling of the mix. Below is the major earnings scheduled. After the
Gold prices rose Rs 100 to Rs 82,100 per 10 grams in the national capital on Tuesday, according to the All India Sarafa Association. The precious metal had closed at Rs 82,000 per 10 grams on Monday. Gold of 99.5 per cent purity increased by Rs 100 to Rs 81,700 per 10 grams. It had
Gold prices rose in United Arab Emirates on Tuesday, according to data compiled by FXStreet. The price for Gold stood at 322.11 United Arab Emirates Dirhams (AED) per gram, up compared with the AED 319.91 it cost on Monday. The price for Gold increased to AED 3,757.01 per tola from AED 3,731.32 per tola a
Dollar is trading slightly lower today as markets await Donald Trump’s inauguration as the 47th US President. Attention is focused on his inaugural speech, expected to confirm his policy priorities. However, the real market-moving event is likely to be the series of executive actions Trump has promised to enact immediately. Over 200 directives are anticipated,
TradeCompass for January 20, 2025: Crude Oil Futures (CL) Analysis Crude oil futures (CL) are currently trading at $77.14, with the following thresholds: Bullish Above: $77.54 – Signaling upside momentum if crossed. Bearish Below: $76.97 – Indicating a bearish stage if breached. Why These Thresholds Matter Bullish Above $77.54: This price is above today’s VWAP,
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not
Gold prices declined on Monday, 20 January, as investors awaited clarity on the incoming US administration’s policies from President-elect Donald Trump‘s inauguration speech, which could provide further insights into the Federal Reserve‘s interest rate trajectory. As of 10:11 am, February gold futures were trading at Rs 78,896 per 10 grams on the MCX, down by
EUR/GBP edges 0.23% higher on Monday, climbing to 0.8460 with an intraday high of 0.8475. RSI points to overbought conditions yet still allowing further upside. MACD histogram features rising green bars, confirming the pair’s sustained bullish momentum. The EUR/GBP cross advanced further on Monday, reaching 0.8460 and briefly peaking at 0.8475. This steady push higher
Dollar weakened broadly in early US session as reports from The Wall Street Journal indicated that Donald Trump, during his inauguration, will only outline his trade vision but avoid imposing new tariffs for now. While this temporarily calms market fears of immediate disruptions, the situation remains dynamic, and unexpected developments could trigger sharp reversals, especially
Fundamental Overview Copper has been rallying steadily since the start of the month as the market is looking forward to improving global growth in 2025. As a reminder, the Chinese Politburo announced last year that it will adopt a “moderately loose” strategy for monetary policy for 2025 and will seek a “more proactive” fiscal policy.
The first market-moving headline of the day is out with the WSJ reporting that Trump will lay out a trade vision but won’t impose new tariffs yet. The US dollar is down 50-100 pips across the board on the headlines. USD/CAD is down a full cent: USDCAD 10 mins We’re going to be dealing with
Oil prices fell on Monday as expectations of U.S. President-elect Donald Trump relaxing curbs on Russia’s energy sector in exchange for a deal to end the Ukraine war offset concern of supply disruption from harsher sanctions. Brent crude futures dropped 28 cents, or 0.35%, to $80.51 a barrel by 0739 GMT after closing down 0.62%
The Japanese Yen strengthens in reaction to the upbeat Core Machinery Orders data. Firming expectations for an additional BoJ rate hike this week also underpin the JPY. A modest USD downtick further contributes to the USD/JPY pair’s intraday decline. The Japanese Yen (JPY) attracts some dip-buyers following the release of the upbeat Core Machinery Orders
The EURUSD bottomed this week on Monday after falling below the 61.8% of the move up from the 2022 low to the 2023 high at 1.0200. That break could not be sustained. The seller had their shot. They missed. The subsequent move higher saw the pair peak near the 38.2% of the move down from
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