Gold prices are on course for a 6th consecutive weekly gain, the first time in over a year.
US Dollar Outlook Bearish on Economic Stabilization, Soft Haven Demand
The US Dollar may extend its losses against its G10 peers as signs of economic stabilization alleviate demand for haven-linked assets like the Greenback.
Crude Oil Weekly Forecast – Oil Price Supported by OPEC Demand Forecasts and Easing Production Cuts
OPEC+ producers will begin easing recent supply cuts from the start of August as demand continues to pick-up.
Australian Dollar May Wilt with Dow Jones, S&P 500 Looking Wobbly
The Australian Dollar may fall as rising US coronavirus cases may result in lockdowns being reinstated. The S&P 500 and Dow Jones also look wobbly with earnings season in full swing.
Forexlive Americas FX news wrap: Quiet Friday ends the week
Forex news for NY trading on July 17, 2020
In other markets:
– Spot gold is closing the week above the $1800 in what was an up and down week for the precious metal. The high for the week was on Wednesday at $1814.90. The low for the week was on Tueday at $1790.79. The price is
In other markets:
– Spot gold is closing the week above the $1800 in what was an up and down week for the precious metal. The high for the week was on Wednesday at $1814.90. The low for the week was on Tueday at $1790.79. The price is
Major US indices end the session with mixed results
Dow industrial average down for the 2nd consecutive day
The final numbers are showing:
For the week, the Dow led the way, while the NASDAQ index ended the week in the red. The final numbers are showing:
The final numbers are showing:
For the week, the Dow led the way, while the NASDAQ index ended the week in the red. The final numbers are showing:
New York City moves to phase 4 reopening Monday
Gov. Cuomo speaking on New York City opening
– New York City moves to a phase 4 reopening on Monday
– US virus spread will affect the New York; unknown how badly
– New York City moves to a phase 4 reopening on Monday
– US virus spread will affect the New York; unknown how badly
CFTC Commitments of Traders: EUR shorts increased.
Weekly FX speculative positioning data from the CFTC
Highlights:
Highlights:
California reports 9,986 the virus cases vs. 8,241 14 day average
California reports an increase in cases