EUR/USD
1.15658
0.018%
Gold
4089.14
2.128%
Oil
60.007
0.555%
USD/JPY
154.057
0.411%
GBP/USD
1.31707
0.061%
GBP/JPY
202.907
0.471%
Real-time News
Ukrainian special forces claim they attacked a Russian oil depot in Crimea.On November 10th, gold futures extended their gains, rising above the $4,100 mark. Saxo Bank analysts stated, "Despite rising bond yields again, investors remain willing to increase their exposure to precious metals." Market participants are weighing signs of a weakening US economy and progress toward ending the government shutdown. Analysts said, "The reopening of the government will restore data flow and reignite expectations for a December rate cut, but more importantly, it will refocus market attention on the deteriorating US fiscal outlook." Traders also continue to price in expectations of a December rate cut, despite the Federal Reserve maintaining a cautious stance—a particularly favorable scenario for non-interest-bearing gold.On November 10th, Rabobank FX strategist Jane Foley stated in a report that the dollar could rise if the delayed official US data is positive. The end of the US government shutdown will allow official data releases to resume. She believes this data could improve the outlook for the US economy. The dollar has recently rebounded after a poor first half of the year, partly due to reduced pessimism surrounding the US growth outlook. Foley stated, "The dollar has recently received additional support from the view that market expectations for further easing by the Federal Reserve may be too high."Israeli government spokesperson: Any decisions regarding the trapped Hamas militants will be made in cooperation with the Trump administration.Federal Reserves Daly: Historically, the Federal Open Market Committee (FOMC) has been more divided in the past than it is now.
