Euro Slightly Higher, British Pound Tumbles After Post-Brexit PMIs

The Euro was slightly higher versus the US Dollar, while the British Pound plunged as the first post-Brexit PMIs hit the wires View full post on DailyFX – Feeds all

Gold price edges higher after Brexit dents investor confidence – The Week UK

The Week UK Gold price edges higher after Brexit dents investor confidenceThe Week UKOther precious metals were fairly stable. Silver was last at $20.38 per ounce while Platinum was up $1.50 at $1,100. "All the precious metals have run into some selling as this morning has progressed and, although gold and silver are looking robust, …Gold […]

USD/CAD Hits Resistance After 4 Day Advance

The USD/CAD is trading at resistance after advancing for its 4th consecutive session. View full post on DailyFX – Feeds all

Understanding The Stock Market Bull After Fink Speaks…

This has been one crazy market for quite some time now. The endless overall up trend has been with us for seven plus years. The last two years have been a time for consolidation in to the teeth of some very bad news. When bad news can’t sell a market you understand it means that […]

Gold price falls after strong US jobs report – The Week UK

The Week UK Gold price falls after strong US jobs reportThe Week UKOther precious metals were fairly stable. Silver was last at $20.38 per ounce while Platinum was up $1.50 at $1,100. "All the precious metals have run into some selling as this morning has progressed and, although gold and silver are looking robust, …and more » […]

Silver sets the pace as precious metals surge after Brexit – Financial Times

Financial Times Silver sets the pace as precious metals surge after BrexitFinancial TimesIn turn Gold has climbed to a two-year high just below $1,375 a troy ounce, while silver remains above $20 an ounce. “Holding non-yielding precious metals looks increasingly attractive to institutional investors,” says Jonathan Butler, analyst at …Gold surges to new 2-year highs; […]

Yen Little Changed after In-Line Japanese CPI and Jobless Data

The anti-risk Japanese Yen was little changed against its major counterparts after in-line CPI and jobless readings maintained deflation troubles and unemployment at two-decade lows. View full post on DailyFX – Feeds all

Nikkei 225 Technical Analysis: Approaching Resistance After Bounce

The Nikkei 225 appears to have found support at the 15,000 handle, and a bounce higher sees the index approaching possible resistance View full post on DailyFX – Feeds all

Gold One Week After Brexit Vote

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Stock Trading Alert: Stocks Sold Off After “Brexit” – Will They Continue Lower?

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After ‘Brexit,’ Can the United States Exit a Few Things Too?

Last week’s UK vote to leave the EU may have come as a shock to many, but the sentiment that led British voters to reject rule from Brussels is nothing unique. In fact it is growing sentiment worldwide. Frustration with politics as usual, with political parties that really do not differ in philosophy, with an […]

Euro Little-Changed After Spanish Election as Brexit Fears Linger

The Euro was little-changed after the ruling PP party won Spain’s general election as the outcome of last week’s UK “Brexit” referendum continues to be in focus. View full post on DailyFX – Feeds all

Ambrose Evans-Pritchard: The sky has not fallen after Brexit but we face years of hard labor

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2014 Resistance Holding Gold Stocks after Brexit

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Resistance Holding Gold Stocks after Brexit

What a last 24 hours for markets! At one point Gold was up $100/oz, S&P futures were limit down and the British Pound was down over 8%! The volatility has subsided, perhaps temporarily and Gold settled around $1320/oz with Silver settling below key resistance at $18. The miners predictably gapped up but the strength was […]