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Gold futures settled higher on Tuesday, recouping their loss from a day earlier and then some, as investors awaited Wednesday’s decision on U.S. interest rates from the Federal Reserve. Gold for December delivery GCZ22, +0.60% rose $9, or nearly 0.6%, to settle at $1,649.70 an ounce on Comex, after falling by almost 0.3% on Monday.
Investors have been turning upbeat about government bonds in recent days, helping the benchmark 10-year Treasury note break a 12-week losing streak at the end of last week. A rally in long-dated government debt resumed on Tuesday, following a brief one-day selloff in the prior session — sending yields on the 10- TMUBMUSD10Y, 4.061% , […]
• USDCAD reversed from support level 1.3530 • Likely to rise to resistance level 1.3795 USDCAD recently reversed up from the support level 1.3530 (low of wave (iv) from the start of October), intersecting with the lower daily Bollinger band, upper trendline of the daily up channel from April and 38.2% Fibonacci correction of the […]
• EURNZD broke key support level 1.7065 • Likely to fall to support level 1.6755 EURNZD recently broke through the key support level 1.7065 (which has been reversing the price from the start of October), intersecting with the 38.2% Fibonacci correction of the upward impulse from September. The breakout of the support level 1.7065 accelerated […]
The Supreme Court denied a request Tuesday by Republican Sen. Lindsey Graham of South Carolina to block a subpoena seeking his testimony as part of a Georgia probe into efforts by former President Trump to overturn the results of the 2020 election. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as […]
The legislation, separate from the upcoming Digital Asset Basic Act, may came into force already in 2023. 888 Total views 75 Total shares In the aftermath of the Terra collapse last spring, South Korean legislators intend to ramp up legislation, putting specific emphasis on the protection of investors in virtual assets — i.e. digital currencies […]