Gold struggles to regain the bullish momentum
Gold prices failed to extend the upside move yesterday and continue to struggle on Tuesday, with the bullion holds below the $1,420 area for a third day in a row.
Oil market: oversupply concerns weigh
Brent crude remains stuck between the 100- and 200-DMAs on Monday, with futures struggle to get back above the $67 handle after marginal gains late last week.
EURUSD: upside potential limited
EURUSD briefly jumped to weekly highs marginally below the 1.13 handle yesterday. But the pair failed to preserve gains and closed below the 100-DMA.
Gold benefits from dollar weakness
After yesterday’s rally, fueled by Powell’s dovish statements, gold prices extend gains on Thursday. The bullion refreshed highs around...