BoC Abandons Hike Bias, Riksbank’s Turn to Decide on Policy
The Canadian dollar slid yesterday, after the BoC fully abandoned its hiking [...]
Trading news
Gold Tests Key Trendline Support As Buyers Emerge
Gold extended downside movement on Friday, dragging the price of yellow metal to less than $1190 in a thin volume session. The technical bias remains bearish due to Lower Low on the daily chart. The precious metal is apparently consolidating around the 1180-1200 zone before moving into either of the directions.
Friday, 28 Nov, 2014 / 12:51
Source : http://capitaltrustmarkets.com/gold-tests-key-trendline-support-buyers-emerge
Trading news
Bank of Canada doubles down on dovishness
Summary: USDCAD soared to 1.3519 from 1.3440, despite a surge in WTI oil [...]
Gold is falling on positive economic news
Gold continues to lose ground. Its spot price has already dropped below $1270 [...]
