$4,400: Gold struggles at that level, but bulls refuse to give up yet
Gold has kicked off a new week on a bearish footing, resuming the previous downside while battling the $4,400 level amid a United States (US) holiday-led light trading.
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US Dollar Weekly Forecast: Why one inflation report could matter more than a blockbuster NFP?
Joy can’t last forever, can it?
CFTC Report: – Oil rebound offsets broader positioning retreat
The week in one sentence: Speculative positioning became more defensive in the week ending September 1. Yen short positioning recorded the largest deterioration, while Gold length also retreated.
US Dollar Weekly Forecast: The Dollar had every reason to rally. Why didn’t it?
Joy can’t last forever, can it?
Forecasting the upcoming week: What if the ECB… and US CPI…?
A dreadful week saw the US Dollar (USD) navigate choppy waters, going from the area of three-week tops to multi-day lows in hours and eventually leaving the scales tilted toward the negative side. Who to blame? The bond market? The MoF-BoJ duo? Unabated geopolitical tensions? The Fed?
2% wages: Why Canada’s weak jobs data strengthens the BoC’s stance
Canada lost nearly 42K jobs in August against forecasts for a 15K gain, and the unemployment rate stayed at 6.4% anyway. Wages grew 2% on the year, the slowest since November 2017 outside the pandemic years.