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POPULAR NEWS
Gold Rises as U.S. Riots, Hong Kong Rensions Lift Safe-Haven Appeal

Gold prices climbed on Monday as reports of riots in the United States rattled investors already reeling from the deepening China-U.S. rift, fanning concerns of a fresh economic setback and drove traders towards the safe-haven metal. Spot gold was up 0.6% at $1,736.31 per ounce, as of 1243 GMT. U.S. gold futures were flat at $1,751.30. Protesters in the United States have flooded the streets over the death of George Floyd in police custody, in a wave of outrage sweeping a politically and...

Rallies in the US Continue to Remain Curfews and Emergencies

The demonstrators continued to voice their correction of the death of George Floyd for the death of the sixth night in cities across the US on Sunday (31/5). Fix the problem of confrontation again with the police trying to enforce the curfew. Los Angeles, Chicago, Miami, Detroit and Philadelphia are among the major cities that have imposed orders that apply to residents at night. The governors of Texas and Virginia have imposed a state of emergency in their state. Fire, vandalism, looting...

Aussie Dollar Surges As Investors Focus On Recovery From Pandemic

Riskier currencies rose against the dollar on Monday as investors looked to positive signs from China™s post-coronavirus economic recovery and wagered on an easing in Sino-U.S. tensions. The trade-sensitive Australian dollar surged 1% to a three-month high of $0.6742 to lead broader gains that put the dollar close to an 11-week low against a basket of currencies. U.S. President Donald Trump made no move to impose new tariffs on China during a news conference on Friday where he outlined his...

Gold Climbs As U.S. Riots Spark Safe-Haven Rush

Gold prices rose on Monday as riots in major U.S. cities rattled investors already reeling from strained China-U.S. relations and boosted demand for the safe-haven metal, with a weaker dollar lending further support. Spot gold gained 0.8% to $1,739.75 per ounce by 0242 GMT. U.S. gold futures ticked up 0.1% to $1,752.60. Protesters have flooded the streets in the United States over the death of George Floyd in police custody, in a wave of outrage sweeping a politically and racially divided...

Gold edges lower as investors play down U.S.-China tensions

Gold futures traded slightly lower Monday, losing ground as equities drifted into positive territory and investors appeared to play down U.S.-China tensions and a weekend of civil unrest in several U.S. cities. Gold for August delivery on Comex fell $6.50, or 0.4%, to $1,745.10 an ounce, while July silver was up 14.10 cents, or 0.8%, at $18.64 an ounce. Source : MarketWatch

Trade optimism pressures yen but caution prevails ahead of Fed, BOJ
Friday, 13 September 2019 08:38 WIB | CURRENCIES |DOLLARCurrency Yen Euro

The yen was pinned near a six-week low versus the dollar as signs the United States and China were narrowing their differences over trade ahead of key talks decreased demand for safe haven assets.

The euro held steady versus the dollar in Asia after swinging wildly on Thursday following the European Central Bank™s surprise decision to resume government debt purchases from November to support a flagging economy.

In the very short-term, guarded optimism about a resolution to the U.S.-China trade war should continue to push Treasury yields higher and weigh on safe-haven currencies.

The dollar was a tad higher at 108.170 yen (0.8107 pounds), hovering near a six-week high versus the Japanese currency.

The greenback was up 1.2% versus the yen this week, on course for its best weekly performance since November 2018.

The dollar has also drawn support from a spike in U.S. Treasury yields, with the benchmark 10-year yield at a five-week high.

Source : Reuters

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POPULAR NEWS
Gold Rises as U.S. Riots, Hong Kong Rensions Lift Safe-Haven Appeal

Gold prices climbed on Monday as reports of riots in the United States rattled investors already reeling from the deepening China-U.S. rift, fanning concerns of a fresh economic setback and drove traders towards the safe-haven metal. Spot gold was up 0.6% at $1,736.31 per ounce, as of 1243 GMT. U.S. gold futures were flat at $1,751.30. Protesters in the United States have flooded the streets over the death of George Floyd in police custody, in a wave of outrage sweeping a politically and...

Rallies in the US Continue to Remain Curfews and Emergencies

The demonstrators continued to voice their correction of the death of George Floyd for the death of the sixth night in cities across the US on Sunday (31/5). Fix the problem of confrontation again with the police trying to enforce the curfew. Los Angeles, Chicago, Miami, Detroit and Philadelphia are among the major cities that have imposed orders that apply to residents at night. The governors of Texas and Virginia have imposed a state of emergency in their state. Fire, vandalism, looting...

Aussie Dollar Surges As Investors Focus On Recovery From Pandemic

Riskier currencies rose against the dollar on Monday as investors looked to positive signs from China™s post-coronavirus economic recovery and wagered on an easing in Sino-U.S. tensions. The trade-sensitive Australian dollar surged 1% to a three-month high of $0.6742 to lead broader gains that put the dollar close to an 11-week low against a basket of currencies. U.S. President Donald Trump made no move to impose new tariffs on China during a news conference on Friday where he outlined his...

Gold Climbs As U.S. Riots Spark Safe-Haven Rush

Gold prices rose on Monday as riots in major U.S. cities rattled investors already reeling from strained China-U.S. relations and boosted demand for the safe-haven metal, with a weaker dollar lending further support. Spot gold gained 0.8% to $1,739.75 per ounce by 0242 GMT. U.S. gold futures ticked up 0.1% to $1,752.60. Protesters have flooded the streets in the United States over the death of George Floyd in police custody, in a wave of outrage sweeping a politically and racially divided...

Gold edges lower as investors play down U.S.-China tensions

Gold futures traded slightly lower Monday, losing ground as equities drifted into positive territory and investors appeared to play down U.S.-China tensions and a weekend of civil unrest in several U.S. cities. Gold for August delivery on Comex fell $6.50, or 0.4%, to $1,745.10 an ounce, while July silver was up 14.10 cents, or 0.8%, at $18.64 an ounce. Source : MarketWatch

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