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Precious Metals and Commodities Weekly

  This week we recap precious metals and commodities ahead of the Jackson Hole Symposium. Notable highlights are Gold testing 1300 while Palladium continues to be the metal that just keeps on giving. Oil is making a lot of noise, but once the headphones are on, we see that both contracts are ranging. Albeit noisily! […]

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EUR/USD – is 1.20 coming soon? Two opinions

EUR/USD holds onto its range quite nicely. What’s next? Here are two opinions: Here is their view, courtesy of eFXnews: EUR/USD: Neutral Here; Stabilizing Before Attempting To Breach 1.2000-Level – BTMU BTMU FX Strategy Research thinks that EUR/USD is stabilizing around current levels before it attempted to breach the 1.2000-level. “The pair appears to be driven […]

The post EUR/USD – is 1.20 coming soon? Two opinions appeared first on Forex Crunch.

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Pivot to Jackson Hole

SINGAPORE (Reuters) – The dollar held steady against a basket of currencies on Tuesday, with traders focusing on the annual central banking conference in Jackson Hole this week for insights on the outlook for monetary policy. The dollar index last stood at 93.101 .DXY, having retreated from a three-week high of 94.145 set last Wednesday. […]

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