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Gold fades upside momentum towards $1,850 amid mixed catalysts

Gold fades upside momentum towards $1,850 amid mixed catalysts

Gold prices ease from $1,842.36 as risk-on dwindles. The yellow metal rose to the nine-day high the previous day as the US dollar weakness, coupled with the market optimism, favored the bulls.

Gold news

AUD/USD ignores weak Aussie retail sales data, trades near 0.7440

AUD/USD ignores weak Aussie retail sales data, trades near 0.7440

AUD/USD trades near 0.7430, representing a 0.84% weekly gain. The bearish US dollar sentiment helps the AUD/USD pair shrug off the weaker-than-expected Aussie macro data released soon before press time and consolidate near 0.7440

AUD/USD News

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2020 US PRESIDENTIAL ELECTIONS

Fox News, AP, ABC, NBC and CNN call elections for Biden

Yohay Elam
FXStreet

Joe Biden has been elected the 46th President of the United States according to Fox News, AP, ABC, NBC, and CNN. The former Vice-President has pulled ahead in Pennsylvania. The latest batch of votes from the Keystone State put Biden ahead by around 34,000 votes ahead of President Donald Trump. Here is the official post from ABC: ABC News can characterize Joe Biden as the apparent winner in Pennsylvania — a win that makes him president-elect.

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Bitcoin price will drop to $14,000 before the bull run resumes

Bitcoin price will drop to $14,000 before the bull run resumes

Bitcoin has taken the lead in the recent run-up in the cryptocurrency market yet again as it moved back above the $19,000 mark. Prices have managed to retain all the gains realized over the last few weeks after recording ...

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Cardano price is on the verge of a massive move, suggests critical indicator

Cardano price is on the verge of a massive move, suggests critical indicator

Cardano has been trading relatively sideways for the past four days consolidating from its 2020-high at $0.183. The digital asset seems to be ready for a massive price move as bears and bulls continue fighting.

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Aave price jumps 10% following protocol upgrade, bulls target $110

Aave price jumps 10% following protocol upgrade, bulls target $110

The Aave V2 protocol is a major update of the platform and comes with new products like a yield and collateral swap allowing users to deposit their assets in the protocol and trade while being used as collateral.

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