Gold Prices and the Latest Market Updates: Gold prices are staying steady as the world watches the ongoing trade talks between the United States and China. These discussions, happening in London, are creating a lot of interest in the financial markets. Let’s break down what’s happening and why it matters for gold prices.
Japanese yen
USD/JPY Hot Pick of the 2019 CMP 107.60 We see Big Blast, Ultimate Target 1200—1800 Pips – Neal Bhai Reports
USD/JPY Hot Pick of the 2019 CMP 107.60 We see Big Blast, Ultimate Target 1200—1800 Pips – Neal Bhai Reports
Gold Breaks Out of a Narrow Range, Multiple Indicators Signal Rally Ahead
Gold Silver Reports (GSR) – Previously, we did indicate that record short positions are written in COMEX in the $1,218-$1,220 range so any price movement above that zone will trigger short covering. We already witnessed short covering when gold jumped till $1,232 before retracing back to $1,220.
A Fund That Beats 98% of Its Peers Is Shorting the Dollar
Gold Silver Reports (GSR) – A Fund That Beats 98% of Its Peers Is Shorting the Dollar – The greenback will slip against most major currencies as nations from Japan to the U.K. see better growth, spurring higher rates in those markets, said Brendan Murphy, head of global and multi-sector fixed income at BNY Mellon Asset Management North America. Murphy, who manages the $1.1 billion Dreyfus International Bond Fund, is shorting the dollar in favor of long positions across currencies including the Japanese yen and Norwegian krone.