Australian Dollar remains solid as US Dollar depreciates ahead of US PMI
The Australian Dollar extends its gains following the PBOC's conducting a medium-term loan operation. Australia's Judo Bank Composite PMI increased to 50.3 in January, slightly higher than December's reading of 50.2, signaling modest private sector expansion.
Gold remains strong and looks higher while the US Dollar and US Treasury yields consolidate near their support zones.
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Since Election Day, gold has meandered within a trading range from $2,562 to $2,717. That is pretty darned impressive, as ...
Gold prices edged higher on Monday, bolstered by a weaker U.S. dollar, as markets assessed the potential economic impact of U ...
Gold is looking somewhat overstretched at the current level as the US economy continues to do well amid sticky inflation and ...
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