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Gold Price Analysis: XAU/USD closes below $1840 amid disappointing NFP, 200-DMA still in sight

Gold Price Analysis: XAU/USD closes below $1840 amid disappointing NFP, 200-DMA still in sight

Gold retreated from sparkling three-month highs of $1843 and closed Friday under $1840, registering a 3.5% weekly gain. Gold’s astonishing rally on Friday ought to be attributed to a large omit on the headline NFP…

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Dollar Up, Hopes of Fed Monetary Stimulus Rise

Dollar Up, Hopes of Fed Monetary Stimulus Rise

The dollar was up on Thursday morning in Asia, clawing back gains from earlier losses. The market saw small moves as the number of COVID-19 cases globally continues to rise incessantly, and expectations of further…

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Dollar Up, Hopes of Fed Monetary Stimulus Rise

Dollar Up, Hopes of Fed Monetary Stimulus Rise

The dollar was up on Thursday morning in Asia, clawing back gains from earlier losses. The market saw small moves as the number of COVID-19 cases globally continues to rise incessantly, and expectations of further monetary stimulus from the U.S. Federal Reserve begin to grow. “Central bankers continue to offer promises of almost endlessly easy...

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Dollar Edges Higher; Turkish Central Bank in Focus

Dollar Edges Higher; Turkish Central Bank in Focus

The dollar edged higher in early European trade Thursday, helped by its safe-haven status as concerns about the impact of the coronavirus remain. At 3:05 AM ET (0805 GMT), the Dollar Index, which tracks the greenback against a basket of six other currencies, was up 0.2% at 92.517, but just above the month’s low of...

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