Summary
As if Gold hadn't had enough moving parts, the conflict in the Middle East adds another dose of volatility. In this webinar, Yohay will explain what moves the precious metal.
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Bitcoin price breaks above the $100K milestone
Bitcoin's price surpassed the $100K mark on Thursday after its recent pullback last week.The momentum indicator, the Relative Strength Index, indicates a continuation of the uptrend, while the technical outlook suggests a rally toward $113K.
EUR/USD holds above 1.0500 despite weak EU data
EUR/USD stays in positive territory above 1.0500 in the European session on Thursday even after the data from the Euro area showed that Retail Sales declined by 0.5% on a monthly basis in October. Market focus shifts to mid-tier US data releases.
GBP/USD rise further above 1.2700 amid weaker US Dollar
GBP/USD trades with a positive bias for the third straight day and rises further above the 1.2700 mark in the European session on Thursday. The pair takes advantage of the sustained US Dollar weakness and mild risk appetite heading into the US data releases later in the day.
Gold price struggles for a firm near-term direction as traders keenly await US NFP report
Gold price extends its consolidative price move amid mixed fundamental cues. Geopolitical risks and trade war fears offer support to the safe-haven XAU/USD. Less dovish Fed expectations and rebounding US bond yields act as a headwind.
GBP/USD rise further above 1.2700 amid weaker US Dollar
GBP/USD trades with a positive bias for the third straight day and rises further above the 1.2700 mark in the European session on Thursday. The pair takes advantage of the sustained US Dollar weakness and mild risk appetite heading into the US data releases later in the day.
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