Gold fell over 3% in sharp acceleration on Monday after President Trump rejection of Iran’s proposal for easing tensions in the region and re-opening Straight of Hormuz, lifted oil prices and fueled inflation fears, boosting expectations for more aggressive Fed’s stance on interest rates. Gold price fell to the lowest in nearly two months, in […]
The post Gold Loses Ground as Rising Oil Prices Fuel Inflation Fears appeared first on ActionForex.
Intraday bias in EUR/USD remains neutral for consolidations above 1.1358. On the upside, firm break of 1.1495 resistance should confirm short term topping and bring stronger rebound. However, sustained break of 1.3123/53 will carry larger Read more…
USD/JPY’s break of 156.81 minor support argues that rebound from 152.87 has completed at 159.02. That came ahead of 61.8% retracement of 163.97 to 152.87 at 159.72. Intraday bias is back on the downside for Read more…
While some chains have opted for locked shelves, Dollar General has taken a bolder approach to cutting down on shoplifting. Essentially, the chain has made the decision that you can’t steal something if it’s not Read more…