Przemyslaw K. Radomski on 09/16/2024

Gold in the Week of the Cut

Fed’s cut is approaching – but will gold really rally after it?Gold - Gold bullion rounded by istara via Pixabay

P Przemyslaw K. Radomski
Rich Asplund on 09/16/2024

Dollar Undercut by Yen Strength and Speculation of a 50 bp Fed Rate Cut

The dollar index (DXY00 ) today is down by -0.39% and posted a 1-week low. Strength in the yen is undercutting the dollar as the yen rose to a 13-month high against the dollar today. Also, heightened speculation that the Fed will cut the fed funds target range by 50...Wall Street - US dollar backg

R Rich Asplund
Gregor Horvat on 09/16/2024

Gold: An Impulsive Structure Targeting +2600

A closer look at the intraday price action of gold shows an incomplete recovery from the 2485 swing lowGold - Gold ingot and nuggets by New Africa via Shutterstock

G Gregor Horvat
Phillip Streible on 09/16/2024

How to play gold with the Feds next week

Phil Streible joins the Schwab Network to analyze the current gold market and offer insights on how to strategically prepare for next week’s Fed decision.Metals - Gold bars in a row by andriano_cz via iStock

P Phillip Streible
Rich Asplund on 09/16/2024

Dollar Sinks and Gold Soars to a Record on Talk of 50 bp Fed Rate Cut

The dollar index (DXY00 ) Friday fell to a 1-week low and finished down by -0.24%. Dovish comments Friday from former New York Fed President Dudley knocked bond yields lower and weighed on the dollar when he said he sees “a strong case for a 50 bp cut” in interest...Dollars and Wallets - Money tran

R Rich Asplund
Ruchi Gupta on 09/16/2024

Should You Follow Insider Buying on This Uranium Stock?

Amid signs of a supply crunch in the uranium market, company insiders are buying shares of UEC.Uranium - chemical element Uranium in periodic table of elements by HT Ganzo via iStock

R Ruchi Gupta
Rich Asplund on 09/16/2024

Stocks Push Higher on Chip Stock Strength and Positive Economic News

The S&P 500 Index ($SPX ) (SPY ) today is up by +0.59%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up by +0.81%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up by +0.42%. Stocks today are moderately higher, with the S&P 500 and the...Wall Street - View 2 of the trading floor of New York Stoc

R Rich Asplund
Rich Asplund on 09/16/2024

Dollar Falls on Lower Bond Yields and Yen Strength

The dollar index (DXY00 ) today fell to a 1-week low and is down by -0.43%. Dovish comments today from former New York Fed President Dudley knocked bond yields lower and weighed on the dollar when he said he sees “a strong case for a 50 bp cut” in interest...Dollars and Wallets - British Pound, Eur

R Rich Asplund
Rich Asplund on 09/16/2024

Stocks Climb on Chip Stock Strength and Lower Bond Yields

The S&P 500 Index ($SPX ) (SPY ) today is up by +0.41%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up by +0.49%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up by +0.22%. Stocks today are moderately higher, with the S&P 500 and Dow...Wall Street - Road sign of New York Wall street corner Bro

R Rich Asplund
Rich Asplund on 09/16/2024

Dollar Edges Lower as the Euro Climbs on Hawkish ECB Rate Cut

The dollar index (DXY00 ) Thursday retreated from a 1-week high and finished down by -0.33%. The dollar slid Thursday after US weekly jobless claims unexpectedly increased, which signaled a weaker labor market that is dovish for Fed policy. Also, strength in the euro weighed on the dollar as the..

R Rich Asplund
Rich Asplund on 09/16/2024

Dollar Slips and Gold Climbs to a Record High as ECB Cuts Interest Rates

The dollar index (DXY00 ) today fell back from a 1-week high and is down by -0.10%. The dollar slipped today after US weekly jobless claims unexpectedly increased, which signaled a weaker labor market that is dovish for Fed policy. Also, strength in the euro is weighing on the dollar...Wall Street

R Rich Asplund
Phillip Streible on 09/16/2024

Gold/Silver: Is Silver Ready To Take Off? – Here’s What To Watch!

Stay on top of overnight market moves and get expert analysis for the day ahead. In today’s Metals Minute, uncover essential levels, trade insights, and key highlights to keep you ahead of the game!Gold - Creating gold bullion by Mark Agnor via Shutterstock

P Phillip Streible
Rich Asplund on 09/16/2024

Dollar Sees Support From Reduced Chance of 50 bp Fed Rate Cut Next Week

The dollar index (DXY00 ) Wednesday rose by +0.05%. The dollar Wednesday recovered from early losses and climbed to a 1-week high after the as-expected US Aug core CPI report diminished the chances of a 50 bp rate cut by the Fed at next week’s FOMC meeting, a supportive factor...Dollars and Wallets

R Rich Asplund