DJIA
Last loading.. Chg. loading..
FTSE
Last loading.. Chg. loading..
NDXI
Last loading.. Chg. loading..
POPULAR NEWS
Gold ends flat, then moves lower in electronic trade after Fed minutes

Gold prices finished unchanged on Wednesday, after spending much of the session losing ground on the back of strength in benchmark U.S. stock indexes. After future prices settled, minutes from the Federal Open Market Committee's July meeting showed that Federal Reserve officials shied away from saying how many more easing steps they might be willing to support this year. In electronic trading, gold for December delivery was at $1,514.30 an ounce shortly after the meeting minutes. The...

Gold ends higher, recoups some recent losses as bond yields slide

Gold futures climbed on Tuesday, with a slide in U.S. Treasury yields helping the haven metal recoup more than a third of what it lost a day earlier, when a rally in the U.S. stock market prompted some settling in bullion. Gold for December delivery rose $4.10, or 0.3%, to settle at $1,515.70 an ounce, after the commodity gave up $12, or 0.8%, Monday. September silver picked up 20.8 cents, or 1.2%, to $17.148 an ounce, following a 1.1% loss a day earlier. Precious metals gained some altitude...

Gold Prices Hold Above $1,500 Ahead of Fed Minutes, Powell

Gold prices traded lower on Wednesday as safe-haven demand faltered and investors proved cautious ahead of input from the minutes of the last Federal Reserve meeting to be followed by an appearance from the head of the U.S. central bank chief Jerome Powell on Friday. Spot gold fell $7.21, or 0.5%, to $1,500.20 a troy ounce by 7:41 AM ET (11:41 GMT), while Gold futures for December delivery on the Comex division of the New York Mercantile Exchange, lost $5.55, or 0.4%, to $1,510.15. The Fed...

Gold prices edge higher as bond yields slide

Gold futures edged slightly higher Tuesday, gaining some ground a day after a rally in stocks helped to prompt some selling in bullion. Gold for December delivery rose $1.80, or 0.1%, to $1,513.40 an ounce, after the commodity gave up 0.8%, while September silver picked up 4 cents, or 0.2%, to $16.970 after the white metal shed 1.1% on Monday. Precious metals were gaining some altitude as bond yields edged lower, providing some impetus for metals buying. The 10-year Treasury note yield was...

Oil Steadies After Report Indicates Drawdown in U.S. Stockpiles

Oil was steady in Asian trading after a private-sector report indicated that U.S. crude supplies had tightened in the past week. Futures in New York rose 3 cents, after clawing back losses in a volatile session on Tuesday. The market had stumbled after U.S. Secretary of State Mike Pompeo told CNBC that Huawei Technologies Co. and other Chinese companies pose national security threats to the U.S. A recovery came as focus switched to analyst forecasts that...

USD/JPY seesaws around 112.00 as Tokyo open got fewer risk drivers to follow
Tuesday, 16 April 2019 08:18 WIB | CURRENCIES |Dolar YenUSD/JPY,

The USD/JPY pair trades little changed around 112.00 as Tokyo markets open on Tuesday. The quote remained positive on Monday due to overall risk-on sentiment but is little changed off-late as backed by fewer catalysts. While news reports from the US-Japan trade discussions could offer background music to the pair traders, the US industrial production and developments surrounding the US-China trade deal could offer additional details to entertain market players.

With an upbeat start to the US earnings season and welcome China data, global investors remained mostly optimistic on Monday. Though, lack of major catalysts confined the moves.

Japan™s Economy Minister Toshimitsu Motegi is on the two-day visit to Washington in order to discuss trade with the US Trade Representative Robert Lighthizer. There hasn™t been any negative report rolled out so far at the end of the first day of the talks, which in turn could be a reason for the recent uptick of the USD/JPY pair.

However, latest comments from the Fed policymakers, like Federal Reserve Bank of Chicago President Charles Evans and Federal Reserve Bank of Boston President Eric Rosengren seemed quite unimpressive. Both the FOMC members supported the central bank's cautiously neutral bias whereas Mr. Evans accepted that the US inflation was weaker than expected while Mr. Rosengren said that the economy has slowed but the recession is unlikely.

It should also be noted that Monday™s Wall Street result offerings couldn™t please the bulls as Goldman Sachs and Citigroup registered weak revenue numbers.

The US 10-year treasury yield, mostly referred to gauge market risk sentiment, was unchanged near 2.56% during the press time.

Moving forward, optimism surrounding the trade deals between the US and China, coupled with the US and Japan, could help the USD/JPY afloat while expected increase in March month industrial production to 0.2% from 0.0% (revised) may further support the upside. Though, negatives could be well received in times of market inactivity.

USD/JPY Technical Analysis

112.15/25 area comprising March high and the early December 2018 lows could act as important upside resistance for the pair, a break of which can further propel prices towards 112.80 and 113.00.

On the flipside, 111.80 and 200-day simple moving average (SMA) level around 111.50 can limit the quote™s near-term declines whereas 111.00 and 100-day SMA level of 110.90 might entertain sellers afterward.

Source: FXstreet

RELATED NEWS
Dollar Slips, Euro Pushes Higher after PMI Data...
Thursday, 22 August 2019 15:16 WIB

The dollar slipped lower on Thursday as expectations for further Federal Reserve rate cuts waned, while the euro gained ground after Eurozone private sector data boosted hopes that the bloc's economy ...

Dollar Holds Gains After Fed Minutes Temper Rate Cut Expectations...
Thursday, 22 August 2019 09:08 WIB

The dollar held gains on Thursday after minutes from the Federal Reserve's last policy meeting hosed down some aggressive expectations the central bank would embark on a series of deep interest rate c...

Dollar Hovering Near 3-Week Highs ahead of Fed Minutes...
Wednesday, 21 August 2019 15:11 WIB

The U.S. dollar was hovering just below three-week highs in subdued trade on Wednesday as investors looked ahead to the minutes of the Federal Reserve's July meeting later in the day for fresh clues o...

Dollar Nudged Off Three-Week Peak as U.S. Yields Dip Before Jackson Hole Meet...
Wednesday, 21 August 2019 08:47 WIB

The dollar was on the defensive on Wednesday, elbowed off a three-week peak by a reversal in U.S. yields as they headed south again ahead of a meeting of central bankers, at which the Federal Reserve ...

Euro Tests Lows Ahead of Expected No-Confidence Vote in Italy...
Tuesday, 20 August 2019 15:22 WIB

The dollar was little changed in early trading in Europe Wednesday but starting to build momentum against the euro at the start of a day where politics is likely to dominate economics. The euro was a...

POPULAR NEWS
Gold ends flat, then moves lower in electronic trade after Fed minutes

Gold prices finished unchanged on Wednesday, after spending much of the session losing ground on the back of strength in benchmark U.S. stock indexes. After future prices settled, minutes from the Federal Open Market Committee's July meeting showed that Federal Reserve officials shied away from saying how many more easing steps they might be willing to support this year. In electronic trading, gold for December delivery was at $1,514.30 an ounce shortly after the meeting minutes. The...

Gold ends higher, recoups some recent losses as bond yields slide

Gold futures climbed on Tuesday, with a slide in U.S. Treasury yields helping the haven metal recoup more than a third of what it lost a day earlier, when a rally in the U.S. stock market prompted some settling in bullion. Gold for December delivery rose $4.10, or 0.3%, to settle at $1,515.70 an ounce, after the commodity gave up $12, or 0.8%, Monday. September silver picked up 20.8 cents, or 1.2%, to $17.148 an ounce, following a 1.1% loss a day earlier. Precious metals gained some altitude...

Gold Prices Hold Above $1,500 Ahead of Fed Minutes, Powell

Gold prices traded lower on Wednesday as safe-haven demand faltered and investors proved cautious ahead of input from the minutes of the last Federal Reserve meeting to be followed by an appearance from the head of the U.S. central bank chief Jerome Powell on Friday. Spot gold fell $7.21, or 0.5%, to $1,500.20 a troy ounce by 7:41 AM ET (11:41 GMT), while Gold futures for December delivery on the Comex division of the New York Mercantile Exchange, lost $5.55, or 0.4%, to $1,510.15. The Fed...

Gold prices edge higher as bond yields slide

Gold futures edged slightly higher Tuesday, gaining some ground a day after a rally in stocks helped to prompt some selling in bullion. Gold for December delivery rose $1.80, or 0.1%, to $1,513.40 an ounce, after the commodity gave up 0.8%, while September silver picked up 4 cents, or 0.2%, to $16.970 after the white metal shed 1.1% on Monday. Precious metals were gaining some altitude as bond yields edged lower, providing some impetus for metals buying. The 10-year Treasury note yield was...

Oil Steadies After Report Indicates Drawdown in U.S. Stockpiles

Oil was steady in Asian trading after a private-sector report indicated that U.S. crude supplies had tightened in the past week. Futures in New York rose 3 cents, after clawing back losses in a volatile session on Tuesday. The market had stumbled after U.S. Secretary of State Mike Pompeo told CNBC that Huawei Technologies Co. and other Chinese companies pose national security threats to the U.S. A recovery came as focus switched to analyst forecasts that...

DISCLAIMER

Seluruh materi atau konten yang tersaji di dalam website ini hanya bersifat informatif saja, dan tidak dimaksudkan sebagai pegangan serta keputusan dalam investasi atau jenis transaksi lainnya. Kami tidak bertanggung jawab atas segala akibat yang timbul dari penyajian konten tersebut. Semua pihak yang mengunjungi website ini harus membaca Terms of Service (Syarat dan Ketentuan Layanan) terlebih dahulu dan dihimbau untuk melakukan analisis secara independen serta memperoleh saran dari para ahli dibidangnya.