Gold “Bulls” wait for a break of $1600
The price of gold rose modestly in European trading on Tuesday, but it seems difficult to break $1600 level, a key resistance. Some of the investors believe that it may still be blocked.
03-03-2020 06:56
Investors are betting the Fed will announce interest rate cuts at March meeting or even earlier
The US dollar index, which measures the greenback against a basket of six other major currencies, was down 0.53% at 97.448. The intraday low was 97.176, the lowest since January 16.
03-03-2020 06:55
Risk appetite may weigh on euro
Central banks everywhere have hinted that the economy will be supported by actions. Investors look forward to the coming of the “policy” market.....
02-03-2020 06:54