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Trade of the week: Gold Waits For Fresh Fundamental Spark
Gold kicked off the week on a positive note as unrest in China over Covid restrictions strained global sentiment. A growing sense of anticipation ahead of the US jobs report along with other top-tier data this week added to the overall caution, leaving investors on edge.
As the Thanksgiving festivities fade away, including the Black Friday/Cyber Monday sales as well as the excessive turkey consumption, it’s then time to digest some serious economic data and events over the coming week:
Gold kicked off the week on a positive note as unrest in China over Covid restrictions strained global sentiment. A growing sense of anticipation ahea...
Gold
Federal Reserve
USD
Rates
inflation
MACD
Jerome Powell
As the Thanksgiving festivities fade away, including the Black Friday/Cyber Monday sales as well as the excessive turkey consumption, it’s then time...
EURUSD
inflation
Euro
European Central Bank
USD
US jobs report
Nonfarm Payrolls
Fed rate hikes
Nobody, it seems loves the dollar which has weakened against every single G10 currency this month....
USD
Federal Reserve
inflation
minutes
SMA
DXY
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