We keep saying the trend is your friend into year end and we haven’t been let down. The US Dollar continues to get sold and US equities continue to run higher. On Wednesday, the Dow posted another fresh record high.

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Gold retreated from record highs, maintains the upward bias

Gold retreated from record highs, maintains the upward bias

Gold rose sharply at the beginning of the week on escalating geopolitical tensions and touched a new all-time high of $2,450. With market mood improving modestly, XAU/USD erases a majority of its daily gains but manages to hold above $2,400.

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GBP/USD holds steady near 1.2700, in an uneventful US session

GBP/USD holds steady near 1.2700, in an uneventful US session

GBP/USD fluctuates in a narrow channel near 1.2700 on the first trading day of the week. The cautious market stance helps the US Dollar hold its ground while central bank officials fail to trigger some action ahead of this week's key events.

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Ripple stays above $0.50 on Monday as firm backs research on blockchain and quantum computing

Ripple stays above $0.50 on Monday as firm backs research on blockchain and quantum computing

XRP price holds steady above the $0.50 key support level and edges higher on Monday, trading at 0.5130 and rising 0.70% in the day at the time of writing.

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Week ahead: Nvidia results and UK CPI falling back to target

Week ahead: Nvidia results and UK CPI falling back to target

What a week for investors. The Dow Jones reached a record high and closed last week above 40,000, for the first time ever. This is a major bullish signal even though gains for global stocks were fairly modest on Friday, and European stocks closed lower. 

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