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
Fed’s cut is approaching – but will gold really rally after it?Gold - Gold bullion rounded by istara via Pixabay
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
Get up to speed on overnight developments and expert analysis for the day’s trading. Check out today’s Metals Minute for essential levels, insightful trades, and key highlights to keep you ahead in the market!Metals - Gold bullion rounded by istara via Pixabay
We now have daily expirations in Gold, Silver and Copper to the nearest 30 days in addition to the standard monthly expirations. Copper options now has the first Wednesday for the nearest four months.metals-options-cheat-sheet-940x600
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
Ideas for the short-term market participantGold - Shinny gold bullion by Million Photos via Shutterstock
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
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
With the U.S. steel sector poised for a rebound, here’s a dividend-paying steel stock that investors can bet on.Iron & Steel - Twisted iron steel wound wires by Tom via Pixabay
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
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 ($IUXX ) (QQQ ) is up by +0.42%. Stocks today are moderately higher, with the S&P 500 and the...Wall Street - View 2 of the trading floor of New York Stoc
The dollar index (DXY00 ) today fell to a 1-week low and is down by -0.43%. Dovish comments today from former New York Fed President Dudley knocked bond yields lower and weighed on the dollar when he said he sees “a strong case for a 50 bp cut” in interest...Dollars and Wallets - British Pound, Eur
The S&P 500 Index ($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
Catch up on overnight market action and get expert analysis for your trading day. Don’t miss today’s Metals Minute for critical levels, trade insights, and key highlights to stay ahead of the market!Metals - Gold bullion stacked by Steve Bidmead via Pixabay
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..
Phil Streible breaks down the key drivers, levels and an actionable trade in the Gold market.Metals - Gold bars in a row by andriano_cz via iStock
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
Yesterday’s EIA report showed commercial stockpiles still hovering around five-year lows, and refinery utilization came in (again) stronger than expected.Oil - Offshore oil platform in ocean by Wirestock via iStock
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
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