Gold starts the week near 4,150 USD per troy ounce, its lowest level since 11 June. The precious metal has recorded a third consecutive weekly decline amid a stronger US dollar and growing expectations that the Federal Reserve may continue tightening monetary policy. The US currency refreshed its yearly high after the Federal Reserve’s June […]
The post Gold Falls for the Third Consecutive Week: Is There Still Upside Potential? appeared first on ActionForex.
Following a period of heightened volatility in early June, investor attention in Ethereum has once again shifted towards institutional demand and the development of the spot ETF market in the United States. The funds launched Read more…
Markets European bonds sold off in a Friday session stripped of US investors (Juneteenth). German bunds immediately opened weaker, responding at a $3 price rise in oil that happened after European closing hours the day Read more…
In focus today In the euro area, the flash consumer confidence for June is released. The survey period is likely 1-21 June so the US-Iran deal and subsequent drop in the oil price might not Read more…