Gold Apr '22 (GCJ22)
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 · 31 minutes ago
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 · 22 minutes ago
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 · 52 minutes ago
May WTI crude oil (CLK26 ) on Tuesday closed up +2.52 (+2.81%), and May RBOB gasoline (RBK26 ) closed up +0.0930 (+2.98%). Crude oil and gasoline prices...
Barchart · 54 minutes ago
May Nymex natural gas (NGK26 ) on Tuesday closed up +0.008 (+0.30%). Nat-gas prices on Tuesday erased early losses and moved higher as a rally in crude...
Barchart · 1 hour ago
AMD could be the next big AI opportunity after Nvidia’s historic run.
Barchart · 1 hour ago
Crude oil prices have been a focal point for markets across all asset classes. As crude oil prices rose in response to the military conflict in Iran and...
Barchart · 1 hour ago
Former U.S. Treasury Secretary Henry Paulson says the United States could face a huge drop in demand for Treasurys.
Barchart · 1 hour ago
Tesla stock is gaining attention as a new Model Y variant and major AI-driven investments reshape its growth narrative.
