MarketsDaily - Forex Trading News & Market Analysis

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MarketsDaily - Forex Trading News & Market Analysis
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Thursday May 16, 2024

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Tag "futures"

Bullish Bets on Gold Futures Drop with Fed Uncertainty

A very shaky outlook on interest rate expectations has made many hedge funds to abort their bullish bets on gold and silver to 2 month lows. Data from the Commodity Futures Trading Commission now shows that there have been a great decreases on the gross long positions on the Comex gold futures.…

Contnue Reading▸

Gold Futures Slump as USD Strengthens

👤Nurudeen Amedu 🕔August 27, 2016

The price of Gold futures witnessed its biggest weekly fall in more than one month, as investors analysed the comments made by Janet Yellen in her speech at the Jackson Hole economic symposium and some other comments made by top Federal Reserve officials concerning the likelihood of an interest rates hike.…

Contnue Reading▸

USD Weakens In Absence of Fed Guidance

👤Arthur Greene 🕔August 15, 2016

Fed funds futures now pricing rate hike chance at 6%
CME FedWatch Tool places rate hike chance at 45%

With the Feds slowly killing all hopes of a rates hike anytime soon, the dollar today fell against many major currencies, the dollar was also largely undermined by the recent soft US economic data that rattled the anticipation for an interest rate hike this year by the Federal Reserve Bank.…

Contnue Reading▸

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Tag "futures"

Bullish Bets on Gold Futures Drop with Fed Uncertainty

Gold Futures Slump as USD Strengthens

USD Weakens In Absence of Fed Guidance

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