Commodities News
- James Hyerczyk
Gold prices tumbled last week, posting its biggest weekly decline in 2 ½ months, as the U.S. Dollar continued to build a support base slightly above three year lows on the back of higher U.S. Treasury yields.
- Colin First
The gold prices have been hit hard by the dollar strength which has got a second wind from the FOMC minutes
- Colin First
The prices of gold continue to fall as the strength of the dollar continues to increase unabated
- James Hyerczyk
A stronger U.S. Dollar tends to be bearish for dollar-denominated commodities like copper because it often reduces foreign demand.
- Colin First
The gold prices continued to move lower on the back of dollar strength
- Colin First
Gold prices have been weakened by the strength of the dollar which has gained across the board
- James Hyerczyk
A stable stock market and aggressive position-squaring ahead of the Lunar New Year holiday also helped drive prices higher.
- James Hyerczyk
The pressure on the Greenback was fueled by a number of factors including concerns that the Trump Administration might pursue a weak dollar strategy in an effort to drive up demand for U.S. goods and services.
- Colin First
The gold prices shot higher on the back of dollar weakness yesterday and now trades near the range highs
- Colin First
The gold prices are approaching a region of resistance when the market is waiting for news from the US
- James Hyerczyk
Commodities and commodity-linked currencies put in mixed performances on Tuesday as investors tried to figure out how to play strengthening U.S. Treasury yields and stock market volatility.
- Colin First
The prices of gold are creeping higher as the dollar begins to weaken across the board
- Colin First
The gold prices continued to be under pressure from the dollar but this is set to change in the coming week
- James Hyerczyk
Copper futures plunged on Friday as stock markets extended this week’s sharp slide, with the prospect of rising U.S. interest rates denting hopes that surging economic growth would drive up demand.
- Colin First
The gold prices have been hit hard over the last couple of weeks on the back of some serious dollar strength
- Colin First
The prices of gold continued within the overall range which is likely to continue in the short term
- Colin First
The gold prices have been able to benefit due to the crash all around the global stock markets
- Colin First
The gold prices pushed lower towards the lows of its recent range as some strong incoming data helped the dollar to rebound
- Colin First
The gold traders await the NFP as this piece of important data is likely to determine the next short term direction
- Colin First
The gold prices continue to trade in a strong manner as we look forward to US data
