Commodities News
- Colin First
Gold prices continued to range and consolidate between the highs and the lows of the range
- James Hyerczyk
Gold prices continued to feel the impact of Friday’s stronger-than-expected U.S. Non-Farm Payrolls report, finishing lower for the session on Monday.
- Colin First
The prices have been under pressure due to the strength in the dollar
- James Hyerczyk
The major U.S. stock indexes surged on Friday, driving the NASDAQ Composite to a record high, after February jobs growth soundly beat expectations.
- Colin First
Gold prices continued to flounder on the back of dollar strength
- James Hyerczyk
On Thursday, the European Central Bank (ECB) dropped its easing bias, fueling expectations that it will normalize monetary policy in the Euro Zone.
- Colin First
The gold prices continued to chop around in a weak manner
- James Hyerczyk
White House administration may be open to exempting Canada and Mexico, and possibly other countries from the planned U.S. import tariffs on steel and aluminum.
- Colin First
Gold prices moved higher on the back of a weaker dollar across the board
- James Hyerczyk
The U.S. Dollar broke sharply against a basket of major currencies on Tuesday as investors reacted to a couple of key events including talks between North and South Korea, and the sudden resignation of a White House economic adviser.
- Colin First
Gold prices continue to chop around as they wait for further direction
- James Hyerczyk
The U.S. Dollar traded mixed against a basket of major currencies on Monday before settling higher. The dollar posted gains against the Japanese Yen, New Zealand Dollar and Canadian Dollar, but lost ground versus the Euro, British Pound and Australian Dollar. March U.S. Dollar Index futures settled at 90.041, up
- Colin First
Gold prices continued to remain buoyant on the back of weakness in the dollar
- James Hyerczyk
Investors continue to digest the impact of President Trump’s tariffs on steel and aluminum. Fears of retaliation driving the price action, too.
- Colin First
The gold prices continue to be under pressure due to the strength of the dollar
- James Hyerczyk
Gold prices traded steadily on Wednesday, with pressure from a stronger U.S. Dollar being offset by safe haven buying due to the late session sell-off in equity markets.
- Colin First
The gold prices have moved towards the range lows on sustained dollar strength
- Colin First
The gold prices continue to trade in a steady manner around the 1330 region
- James Hyerczyk
Natural gas futures continued to climb on Monday, supported by forecasts of a cold spell that could drive up demand for the heating fuel.
- Colin First
The gold prices have been buoyed by the weaker dollar but has also been very responsive to the dollar strength