Gold Feb '18 (GCG18)
Gold Futures Market News and Commentary
The dollar index (DXY00) on Tuesday rose by +0.29% and posted a 1-week high.  The dollar moved higher on Tuesday on the stronger-than-expected US Mar retail sales and Mar pending home sales reports. The dollar gained further on Tuesday after stock prices slumped when Vice President Vance's trip to Pakistan to meet Iranian negotiators was put on hold after Iran failed to respond to US negotiating positions.
The dollar also has support on signs that Fed Chair nominee Kevin Warsh will support an independent Fed and prioritize low inflation. Fed Chair nominee Warsh's prepared statement before the Senate Banking Committee said he is committed to ensuring that the conduct of monetary policy remains "strictly independent" and to keeping inflation in check, stating that price stability is a mandate for the Fed "without excuse or equivocation." Â
US Mar retail sales rose +1.7% m/m, stronger than expectations of +1.4% m/m and the biggest increase in a year. Also, Mar retail sa... Read more
Barchart · Tue Apr 21, 2:39PM CDT
The dollar index (DXY00 ) on Tuesday rose by +0.29% and posted a 1-week high. The dollar moved higher on Tuesday on the stronger-than-expected US Mar...
Barchart · Tue Apr 21, 9:35AM CDT
The dollar index (DXY00 ) today is up by +0.09%. The dollar is climbing today on a stronger-than-expected US Mar retail sales and Mar pending home sales...
Wavetraders · Tue Apr 21, 1:39AM CDT
Fourth waves are typically corrective and often retrace back into previous support zones, which is why they can offer good trading opportunities within...
Barchart · Mon Apr 20, 2:38PM CDT
The dollar index (DXY00 ) on Monday fell by -0.05%. The dollar gave up an early advance on Monday and turned lower after the New York Post reported that...
Gold Price Forecast · Mon Apr 20, 10:13AM CDT
This is yet another time when gold failed to hold above its 50% retracement, and it has consequences.
Barchart · Mon Apr 20, 9:35AM CDT
The dollar index (DXY00 ) today is up by +0.08%. The dollar is climbing today on ramped-up tensions in the Middle East after Iran on Saturday said the...
Barchart · 50 minutes ago
American International Group is scheduled to release its fiscal first-quarter earnings this month, and analysts project a double-digit earnings rise.
Barchart · 1 hour ago
Astera stock rallies as Amazon announces a $100 billion partnership expansion with Anthropic. Here’s why this deal is bullish for ALAB shares.
Barchart · 1 hour ago
Apple gains ground as China iPhone shipments jump 20%, but does that mean the stock is a buy now?
Barchart · 1 hour ago
Beyond Meat stock remains in focus among meme-stock enthusiasts. Here’s why disciplined investors should avoid chasing the momentum in BYND shares.
Barchart · 1 hour ago
The S&P 500 Index ($SPX ) (SPY ) on Tuesday closed down -0.63%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed down -0.59%, and the Nasdaq 100...
Barchart · 1 hour ago
PayPal’s guidance missteps, CEO exit, and wave of shareholder lawsuits have turned it into classic activist bait. Fresh signs that SG Americas may be...
Barchart · Tue Apr 21, 2:49PM CDT
Tesla’s Terafab hiring push reinforces that it is serious about building its own AI‑chip stack for FSD, robotaxis, Optimus, and space‑based compute,...
Barchart · Tue Apr 21, 2:39PM CDT
The dollar index (DXY00 ) on Tuesday rose by +0.29% and posted a 1-week high. The dollar moved higher on Tuesday on the stronger-than-expected US Mar...
